Airlines

As Emirates Resumes Flights to Nigeria

After a two-year hiatus, the Dubai based Emirates has resumed flights to Lagos, the commercial hub of Nigeria. The Middle East mega carrier inaugural flight touched down at the Murtala Muhammed International Airport (MMIA), Lagos, on October 1, 2024, as Nigeria was celebrating its 64th Independence anniversary. Commenting on the return of services, the Deputy President […]

Onyema Airlines

Despite Calls for Collaboration, Liberalisation, Onyema Narrates How African Countries Frustrate Air Peace with Exorbitant Airport Charges

Despite the campaign for liberalization and collaboration to realise the objectives of the Single African Air Transport Market (SAATM), the Chairman of Air Peace Dr Allen Onyema yesterday narrated how some countries in the region where the airline extended its services use hostile operating environment through outrageous airport charges to frustrate the Nigerian carrier. Onyema said in […]

TRAVEL

High Airfares, Unremitted Revenue of Foreign Airlines Forced Sales to Drop by 40% in Q4 2023, Says NANTA

High airfares occasioned by depreciating naira, closed lower inventories due to revenues of foreign airlines trapped in Nigeria, brought flight ticket sales down by 40 per cent in the fourth quarter of 2023.  This was disclosed by the National Association of Nigeria Travel Agencies (NANTA), which compared ticket sales at the period with the same period […]

Airlines

International Travel Fares Skyrocket Despite FG’s Intervention to Defray Trapped Airline Funds

Despite the recent payment of  $61 million (N66 billion) to foreign airlines by the federal government as part of their revenue trapped in Nigeria, international carriers still charge Nigerians outrageous fares for international travels, THISDAY can report. Before the federal government paid the $61 million, trapped funds in Nigeria had risen to about $800 million. […]