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ARUMEMI-IKHIDE: NIGERIAN AIRLINES RECORDED HUGE LOSSES TO AVIATION FUEL, FX IN 2016

Aviation Media
January 9, 2017
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The Chairman of Arik Air, Joseph Arumemi-Ikhide spoke on the challenges that hampered the operations of local airlines in 2016. Excerpts: Arik Air must have lost huge revenue when the unions stopped your operations for one day? We had held talks with labour and we seem to be agreeing on certain issues they […]

Insurance Premium: Experts Fear Commercial Flights May be Grounded in Nigeria

Aviation Media
December 16, 2016
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Nigerian airlines may be forced to stop operation if Lloyd’s carries out its threat to blacklist and downgrade Nigerian airlines over their inability to pay insurance premium. The airlines are already beset by paucity and high price of aviation fuel, low passenger traffic as well inability to obtain foreign exchange to meet their aircraft and […]