Over 11m Nigerians travelled by air Despite the economic downturn, which has eroded the purchasing power of Nigerians, air travel still recorded ticket sales of N330,548,324,796.84 from January to October 2016, a little less than N385,909,897,028. 80 sold between January to December in 2015. It is however projected that the total number of ticket sales […]
Airline operators have called on the Federal Airports Authority of Nigeria (FAAN) to avert imminent tragic accident by urgently rehabilitating the runways at the Murtala Muhammed International Airport (MMIA), Lagos and the Nnamdi Azikiwe International Airport, Abuja, which have degenerated over the years and are now damaging aircraft gears on landing and take-off. The latest […]
There are fears that the Bilateral Air Service Agreement (BASA) fund, which accruals had risen to over $100 million (N38.1 billion) may have been diverted to fund projects outside the aviation sector, aviation industry sources have said. THISDAY investigations revealed that the funds, which are paid by foreign airlines operating into Nigeria, stem from the […]
* Why Nigerians pay higher airfares The Country Manager of British Airways, Kola Olayinka has disclosed that foreign airlines operating in Nigeria lost N6.4billion in the N157.6 billion ($800) of their revenues trapped in the Central Bank of Nigeria (CBN) when the Naira was devalued from N197 to N280 by the apex regulator. The […]
Managing Director of Medview Airline, Alhaji Muneer Bankole has called on the federal government to support Nigerian airlines to grow and increase capacity. What is the history of this aircraft that just returned from major checks? You know this is our first baby that we bought at the commencement of our operation, so we took […]
