The International Air Transport Association (IATA) has upgraded its outlook in 2023 and expressed hope there would be strengthening of airline industry profitability in the year, disclosing that airline industry net profits are expected to reach $9.8 billion in 2023 (1.2% net profit margin) which is more than double the previous forecast of $4.7 billion (December 2022). The […]
Former Special Assistant to The President on Aviation Matters and Managing Director, Afri-Air International Limited, Capt. Shehu Iyal has said that there is need for efforts to ensure that players in Nigeria’s aviation industry survive the existing economic challenges while working on sustainability of the industry in the future. Speaking in an interview on the […]
Low passenger traffic with accompanying low fares that follow the Christmas season in the previous years has not been witnessed this year, as the cost of tickets are still very high, despite increase in capacity by airlines. With the increase in capacity, which makes more seats available for domestic air travel, industry observers are of […]
The decision to pay in Naira instead of in dollars may be the reason why Nigerians are paying more for international air travel. Foreign airlines close their low inventory and open their high inventory for Nigerians who wish to pay for tickets in Naira, while the low inventory are available in dollars. The President of […]
For several years, delays and cancellations have been associated with flight operations in Nigeria, a development that has created uncertainty among air passengers. Writer looks at ways such incidents could be significantly reduced The average Nigerian air traveller will always hold airlines responsible for flight delays and flight cancellations. This explains why some passengers vent […]
