FEDERAL GOVERNMENT

Afrexim Bank Commits to Multimillion Dollars Aircraft Financing for Nigerian Airlines

The African Export-Import Bank (Afrexim) has expressed commitment to financing aircraft acquisition for Nigerian airlines. Afrexim Bank which provides financing solutions and advisory services for the expansion, diversification, promotion and development of intra-and extra-African trade made the commitment during the sideline meeting with the Minister of Aviation and Aerospace Development, Festus Keyamo, at the on-going […]

Airlines

X-raying Calls for Single Taxation on Flight Ticket by Aviation Agencies on Airlines

  There have been strident calls by airline operators, demanding for one-off tax on flight ticket by aviation agencies.  The operators have decried the multiple taxation, which they say is fluid, confusing and exploitative, noting that when these taxes are built into the ticket, travellers tend to think that the total cost of ticket is […]

FEDERAL GOVERNMENT

Aviation Minister to Conduct Unscheduled Nationwide Inspection of Airports

The Minister of Aviation and Aerospace Development, Festus Keyamo, has signalled regular unscheduled monthly inspection of airports nationwide to address the expectations of the travelling public who travel by air across the country. This will be conducted by the top officials in aviation and other stakeholders, including the Minister, head of agencies, the Permanent Secretary, Ministry of […]

Airlines

Minister Optimistic of Improved Capacity as Xejet Begins Schedule Operation

The Minister of Aviation and Aerospace Development, Festus Keyamo, has assured that there would be improved capacity in domestic air travel, as more airlines join schedule flight service and expand their fleet. The minister made this known at the weekend in Lagos when Xejet, which hitherto operated high class charter service, started schedule commercial operations, […]

ACCIDENT

8 Souls Onboard have been Confirmed Dead as Helicopter on Oil and Gas Shuttle Service Crashes Off Calabar Coast

*NSIB Launches Investigation on Crashed Helicopter *NNPC Confirms Engaging Services of Ill-fated Chopper *NAAPE Mourns Its Members Who Died in Crash   Eight persons including two crew members (pilots) and six passengers have been confirmed dead as a helicopter on oil and gas shuttle service crashed off the coast of Calabar, Cross River State.   […]