Domestic airlines said that the recent Value Added Tax (VAT) waiver given to them by the federal government estimated to be about N50 billion annually would give them relief financially, provide them fund for aircraft maintenance, create more employment in the sector and lower air fares. The airlines said increased passenger movement in the domestic […]
Failure to effectively service their debts has prompted Nigerian banks to cut their credit facility to domestic carriers, thus denying them operational funds. Inside sources disclosed to THISDAY that some airlines could not source funds to pay for the maintenance of their aircraft overseas and could also not ferry the ones due for major maintenance […]
The Director-General of the Nigerian Civil Aviation Authority, Captain Muhtar Usman says Nigeria has maintained a good record in air safety because of effective regulation, further adding that security has been beefed up at nation’s major airports. Nigerian airlines were elated by the recent weather review done by the Nigerian Civil Aviation Authority (NCAA). […]
Aviation fuel scarcity, which started last weekend may get worse as Yuletide draws near and the prices of the product is expected to skyrocket as it happened in the previous years. The scarcity since the beginning of the week has affected flight operations and led to delays and cancelations, especially Abuja-Lagos flights, which is the […]
The Nigerian Civil Aviation Authority (NCAA) has said domestic airlines must automate their payment system to ensure the remittances of their ticket and cargo sales charges (TSC). The agency said the airlines owed it over N15 billion and stop the accrual of further debts, the Authority has insisted that airlines must embrace the Aviation Revenue […]
