Chairman of Air Peace, Allen Onyema has said that for Nigeria to firm up the value of the naira, government, airline operators must work together to curtail the amount of foreign currency taken out of the country by the aviation industry. Excerpts: What is your evaluation of the Nigerian travel market vis-a-vis the performance of […]
A think-tank body known as Aviation Round Table Initiative (ARTI) has expressed support for the establishment of national carrier but noted that such airline must be fully funded by the private sector and not by government or its agencies. The body, which observed that weak government policies are responsible for the failure of domestic […]
In 2016 many oil producing countries that were hit by economic crunch due to low prices of the product could not allow international carriers to repatriate their revenues as foreign exchange became very scarce. Twenty months after, airlines that operate to Nigeria still battle government for the full repatriation of their funds. At the peak […]
Chairman and CEO of Air Peace, Chief Allen Onyema argues that pent up demand on the foreign exchange market arising from capital flight is one of the reasons for the pressure on the exchange rate, and urged government to encourage indigenous airlines to build capacity and operate international routes. What gave you the impetus […]
Although Nigerian airlines and international carriers agreed that for safety reasons the Nnamdi Azikiwe International Airport, Abuja ought to be closed so that rehabilitation work could be done on the runway, but few days towards March 8, 2017 when the airport would be closed, airlines have not completed plans to move their Abuja operations to […]