Chief Financial Officer, Aero Contractors, Mr. Charles Grant, has said that government’s harsh fiscal policies have impeded the growth of domestic airlines. He stated this recently at the Civil Aviation Cost Recovery Optimisation Stakeholders Retreat in Lagos. The meeting themed: ‘Strengthening Collaboration for Revenue Optimization and Operational Efficiency’, organised by the Directorate of Finance and […]
As a country where air travellers pay the highest taxes in Africa and one of the highest in the world, according to the International Air Transport Association (IATA), Nigeria is yet to give passengers who travel to international destinations, the necessary respite. With average of four million travellers on international routes since 2021, Nigerian travellers […]
In a strategic move aimed at strengthening transparency and boosting internally generated revenue (IGR), the Federal Airports Authority of Nigeria (FAAN), through its Directorate of Cargo Development & Services (DCDS), has secured critical stakeholder alignment to enforce compliance with the payment of FAAN’s statutory port charges at the Pilgrims & Cargo Terminal (PCT) of […]
The Nigeria Civil Aviation Authority (NCAA) has waded into the impasse between domestic airlines and aviation handling companies over the latter’s increase in the cost of their services, referred to as safety threshold. Indigenous carriers had hitherto kicked against the increase in the handling companies’ charges, insisting that such increase will increase their cost […]
The Nigerian Airspace Management Agency (NAMA) has announced that it would increase en-route navigational charges from N2,000 for local operation; N6,000 for international service to N18,000 and N54,000 per flight respectively leading to fears of further fare increase. The agency has also increased the extension of hours of service to airlines at sunset airports from […]
