Airline Operators of Nigeria (AON) has vowed that from June 14, 2018, its members would stop paying Value Added Tax (VAT) to the federal government, estimated to be over N15 billion annually. AON made this known in Lagos yesterday during a meeting of the chief executives of airlines and attributed the short life span of […]
The Director General of Airport Council International, World, Angela Gittens, who spoke at the ACI Africa Conference in Lagos, reasons that Nigeria does not need a national carrier because it has all the criteria to create a competitive and more efficient airline industry. Excerpts: The International Air Transport Association (IATA) Director General is circumspect about airport […]
Last week, the Minister of State, Aviation, Senator Hadi Sirika held the fourth stakeholders forum in Abuja where he x-rayed the industry and reinforced government’s plan to revamp the sector. The discussions at the meeting centered around the unveiling of Transaction Advisers for the planned national carrier, the concession of major airports, the establishment of […]
Aviation industry experts have expressed doubt that the Muhammadu Buhari administration would be able to realise the establishment of the national carrier projects before it winds down in May, 2019, but many have expressed full support for the project, noting that it would reposition the aviation sector if realized. On Thursday the Minister of State, […]
The Asset Management Corporation of Nigeria (AMCON) has severally turned down the plan to use Nigeria’s oldest carrier, Aero Contractors national carrier. Inside sources said that AMCON management turned down the request to use the airline and Arik Air, arguing that the debt overhang in the airlines would not make such start up feasible because […]
