Oil marketers and airline operators have confirmed the steady supply of aviation fuel, known as Jet A1, since Dangote refinery started supply of the product to local consumers, even though the prices of the product have increased. It was learnt that the cost of aviation fuel in Lagos is between N1,230 and N1,240 per litre, […]
Ethiopian Airlines Group has signed a Memorandum of Understanding (MOU) with Satarem America Inc. to partner on production and use of Sustainable Aviation Fuel (SAF) in Ethiopia. Satarem shall produce SAF in the country, and Ethiopian Airlines has agreed to acquire the SAF from Satarem. With this MoU, Ethiopian Airlines Group has solidified its commitment […]
After months to turmoil and near bankruptcy as a result of the prohibitive cost of aviation fuel, Nigerian airlines are celebrating following the news that Dangote Refinery will start supplying the product to them in the coming days. The airlines, it was learnt, hope to gain financial momentum with expected reduction in the cost of […]
Nigerian airline operators warned that they may face more hurdles, following the recent increase in the cost of aviation fuel from N900 to N1, 300 per litre. The operators said air travellers were already complaining bitterly about the current airfare that is compelling many of them to seek for alternative means of transportation. Airline operators […]
Despite economic constrictions in the country, airfares have been on consistent rise; that on Wednesday a return ticket for one hour flight was N300, 000 and there are indications that as December draws nearer, flight ticket costs will continue to skyrocket. THISDAY investigations at the domestic wing of the Murtala Muhammed International Airport, Lagos and […]
