The Nigeria Civil Aviation Authority (NCAA) has said that Nigerian airlines are facing precarious economic situation and could all be shut down if the regulatory authority abides strictly by the result of the financial audit carried out on the operators. This was disclosed by the acting Director-General, Captain Chris Najomo, who said the domestic airlines are […]
Airline operators have disclosed that Nigerian Customs Service (NCS) generates over $1 billion (N1.6 trillion) annually from levies and taxes imposed on importation of aircraft and aircraft spares, despite the zero waiver given to the airlines, as contained in the Finance Act of 2020. Airlines that made the disclosure, said they paid 1.5 per cent, […]
The Minister of Aviation and Aerospace Development, Festus Keyamo, has decried the rate airlines are going under in Nigeria and said that it is the responsibility of government to halt the short life span and help the airlines to grow. He made this known in his remark at a conference organised by the League of […]
Stakeholders in the aviation industry are convinced that if the right policies are put in place to address growth challenges, the aviation industry will double its current workforce, generate more businesses and up the country’s GDP. Many aviation industry players have said that the air transport industry in Nigeria lags behind in many ways, insisting […]
The Chief Executive Officer of the Togo-based Asky Airlines, Mr. Esayas WoldeMariam Hailu has said that Nigeria has big aviation market and also high number of travellers but needs policies that will empower its airlines to operate profitably. In a recent interview, the Asky CEO said that Nigerian needs efficient and well-functioning airlines that would cater […]
