IATA

Air Transport Sector Contributes $2.5bn Annually to Nigeria’s GDP, Creates 271,000 Jobs, Says IATA

In commemoration of Nigeria’s 65 years of independence, International Air Transport Association (IATA) has stated that the air transport sector in Nigeria contributes $2.5 billion annually to the Gross National Product (GDP), which is 0.7 per cent, and created 217,000 jobs. That was disclosed by IATA’s Regional Vice President for Africa and Middle East, Kamil […]

Sanusi Training

Nigeria Loses $2bn Annually to Expatriate Pilots as Domestic Carriers Make U-turn on Training Indigenous Counterparts

It has emerged that Nigeria spends over $2 billion annually on expatriate pilots who fly for schedule commercial airlines, charter service operators, and private jet owners. It was learnt that Nigerian airline operators and aircraft owners pay expatriate pilots about $7,000 per month, and those that have about 3000 flight hours can insist on more, […]

INSURANCE

Nigeria’s Aviation Insurers Settle Claims Faster than Foreign Counterparts”

The National Insurance Commission (NAICOM) has said it is committed to protecting aviation stakeholders and ensuring that Nigeria’s aviation insurance framework aligns with global best practices. Speaking at the 21st Akwaaba African Travel Market in Lagos, themes: ‘The Emerging Synergy Between Aviation and Insurance’, Commissioner for Insurance, Mr. Olusegun Omosehin, represented by the Deputy Commissioner, […]

Aviation

FG, Brazil Deal Spur Air Peace S’American Flight

Over the years, Nigeria has yearned to have direct flight with Brazil because the South American nation has strong cultural and religious affinity with the country. There have been feeble efforts made to link the two great nations in the past but previous governments did not exhibit the determination and clout which the President Bola […]