Foreign Airlines Demand Standard Foreign Exchange Rate

International carriers that operate to different destinations in the country have called on the federal government to give them standard exchange rate for the repatriation of revenues earned from ticket sales or they would be forced to leave Nigeria.   The Sales Manager of Emirates Airlines, Eghe Ekhator, issued the threat, why explaining the reasons […]

Senator Sirika Aviation

As Airlines Contend with Economic Downturn

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 […]