Stakeholders have warned that if the challenges faced by domestic airlines in 2016 persist this year, the industry would go under. The year 2016 had many challenges for Nigerian airlines. Aviation fuel scarcity started from January that year till December. They faced the problem of accessing foreign exchange(fx) to take their aircraft for maintenance […]
Some stakeholders in the aviation industry have said that harsh operating environment, including disincentive government policies, high cost of doing business and scarcity of aviation fuel are discouraging investors from the sector. In the past four years there have been more commercial airlines that went under than the ones that came in and in the last two years it is only Air Peace […]
Airlines and passengers are counting their losses as high cost of aviation fuel and harmattan haze are dealing a heavy blow on the industry right now. Air ticket prices for domestic flights rose by over 200 per cent since mid December due to high cost of aviation fuel and high passenger traffic due to rush […]
Domestic operations have been paralised nationwide by harmattan haze, which reached its peak on Monday night. The Nigeria Meteorological Agency (NIMET) and the Nigerian Civil Aviation Authority (NCAA) had earlier warned about the harmattan haze but nobody expected the thick fog and dust that enveloped the airspace on Tuesday, forcing airlines to cancel their […]
Although domestic airlines have expressed satisfaction over their recent inclusion in the interbank FX market, they have however argued that its implementation is a totally different ballgame. It was an elated Minister of State, Aviation, Senator Hadi Sirika that conveyed the good news last weekend that the Central Bank of Nigeria (CBN) had included domestic […]