According to the Central Bank of Nigeria (CBN), Nigeria earned N4. 13 trillion from oil and gas exports in 2021, but experts who are versed in export of perishable farm produce believe Nigeria can earn double of this amount from just export of agricultural goods alone. Currently Nigeria is an import dependent country, where cargo […]
While the COVID-19 pandemic forced the suspension of scheduled flight operations, it provided an elixir to cargo freighting, which became a lifeline to many airlines. In Africa, airlines like Kenya Airways and Ethiopian Airlines leveraged on cargo freighting to keep some of their aircraft in the air and earned revenues that sustained the companies during […]
Nigeria may not benefit from the African Continental Free Trade Area (AfCFTA), which favours countries that export high volume of products and services, as records indicate that the country exports only about 13 per cent of its cargo imports, which amounts to 115 million tons annual import deficit. According to 2019 records of the Federal […]
Ethiopian Airlines said it reached 91 per cent on-time performance of all global flight departures in the last three months while the industry average stands around 85 per cent. The airline operated a total of 18,385 flights in January, February, and March in which it scored 91 per cent on-time departures. “We have recognised from […]
Stakeholders in the aviation industry have called on airlines to develop a collaborative system that will ensure that the interest of passengers is protected when they cancel or delay flights. The objective of the collaboration is to enable a passenger to travel with any available flight to his destination as long as he has valid […]
