After many weeks of acute scarcity of aviation fuel leading to disruption of flightsIn, the Nigerian National Petroleum Corporation (NNPC) announced it has flooded the market with Aviation Turbine Kerosene (ATK), also known as Jet A1. Airlines said they have lost huge resources purchasing the product at exorbitant price as high as N240 per litre […]
Nigeria’s growing carrier, Air Peace yesterday started the Lagos-Uyo route as additional destination in its domestic operations. Air Peace said that it would provide its efficient and timely service to the new route and pledged that it would maintain the tradition of satisfying its passengers at all time. The airline assured air travellers that it […]
The declining number of operating aircraft in Nigerian airlines’ fleet is taking a toll on air transportation in the country as most flights are either delayed or cancelled leaving passengers stranded at various airports. THISDAY checks revealed that the air passengers that wait in departures are currently on the rise, as there are only few […]
Nigeria’s major carrier, Arik Air said high cost and scarcity of aviation fuel, inability to access FX are the major setbacks of its operation in Nigeria as it turned 10 years. The Managing Director of the airline, Chris Ndulue explained that its daily demand of aviation fuel, known as Jet A1 is about 500, […]
Low value of the local currency, unfavourable forex policy, aviation fuel scarcity and high cost of fuel, and poor infrastructure have kept international carriers under pressure and forcing them to leave the juicy Nigerian market. In a normal operational situation where there is no security threat, no diplomatic imbroglio and there is no war, foreign […]