Arik Air, West and Central Africa’s largest airline has alerted air travelers of severe aviation fuel (JET A1) scarcity. The airline said the scarcity became evident few days ago when oil marketers started rationing JET A1 supply to airlines stating limited stock at the depots. The situation is critical in Lagos and Abuja, the operational […]
The contraction in passenger traffic halves the yield for domestic airlines and threatens their existence. If the economic contraction continues, many local carriers may go under. Emerging figures on passenger movement from the Federal Airports Authority of Nigeria (FAAN) indicate that there is drastic reduction of air travellers to domestic destinations. This has invariably reduced […]
Nigeria’s largest carrier, Arik Air has refuted claims that it has suspended operations to Accra, Ghana. Arik Air’s Chief Commercial Officer, Suraj Sundaram said the airline is still operating between the Lagos-Accra and Abuja-Accra routes and is not contemplating suspension of flights as claimed by a section of the media. “We have been consistent since […]
With about 2million litres demand daily, Nigerian airlines may be saving over N30 billion annually if aviation fuel, known as Jet A1 is refined locally. The Minister of State for Aviation, Senator Hadi Sirika told Airline Operators of Nigeria (AON) recently that was in talks with his counterparts in the Ministry of Petroleum, Dr. Ibe […]
The federal government has made it clear that it would concession the four major airports in the country so that the private sector can invest in infrastructure of airport facilities. A government with lean resources in a capitalist society obviously would think of other ways to fund and provide social amenities to the citizenry. […]
