Aviation

Experts: Poor Performance, Incessant Flight Delays, Distrust Bane of Nigerian Airlines

Experts in the aviation industry have listed poor on-time performance, incessant flight delays, among others as some of the key factors that led to the demise of Nigerian airlines after a short period of operation. The experts stated this while examining some of the major reasons why Nigerian carriers cannot compete effectively with other airlines […]

Aviation

How Foreign Airlines Partly Repatriated $802m ‘Trapped Funds’ from Nigeria

Despite claims in some quarters that foreign airlines may soon shutdown operation in Nigeria as a result of ‘trapped funds,’ it has emerged that that many of the airlines have since repatriated their funds from Nigeria. The International Air Transport Association (IATA), had recently said Nigerian government could hamper air connectivity over the non-repatriation of […]

IATA Aviation

Foreign Airlines Trapped Funds in Nigeria Hits $743mn

The International Air Transport Association yesterday disclosed that the trapped funds belonging to foreign airlines operating in Nigeria have reached $743,721,097 from $662m in January 2023. IATA disclosed this in a letter addressed to the Minister of Aviation, Hadi Sirika and signed by the Area Manager West and Central Africa, Dr Samson Fatokun. According to […]

Aviation

NANTA Seeks FCCPC Guidance over Fare Profiteering by Foreign Airlines

The National Association of Nigeria Travel Agencies (NANTA) is seeking a solution to eliminate the fare profiteering of foreign airlines in Nigeria, which charge exploitative tickets on Nigerian passengers, leaving their low fares in foreign currency. President National Association of Nigeria Travel Agencies, Mrs. Susan Akporiaye in company of some of her executives recently visited […]

Aviation

AON Berates Foreign Airlines for Charging Nigerians Exploitative Fares

Airline Operators of Nigeria (AON) has excoriated foreign airlines for feasting on Nigerian passengers with exploitative airfares, which is the highest from any African destination. AON made this known in a meeting it held with other aviation stakeholders, including international airlines representatives, hosted by the Speaker of the House of Representatives, Hon. Femi Gbajabiamila. The […]