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 […]
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 […]
