Lloyd Threatens to Downgrade, Black List Nigerian Airlines

Lloyd’s of London, the world’s leading insurance market, has issued a warning to Nigerian airline operators that it might be forced to blacklist the country in the face of continued failure of some operators to fulfill their obligations of paying their premiums to the insurer regularly. Nigerian airlines have been finding it increasingly difficult to […]

Airlines Raise the Alarm over Persistent Aviation Fuel Scarcity

Domestic airline operators have called on the federal government and concerned authorities to take urgent measures to ensure availability of aviation fuel, otherwise known as Jet A1. They warned that if no urgent action was taken to supply the product, they may be forced to suspend their services. Some of the operators who spoke to […]

As Mixed Feelings Trail Local Airlines’ Inclusion in FX Market

Although domestic airlines have expressed satisfaction over their recent inclusion in the interbank FX market, they have however argued that its implementation is a totally different ballgame. It was an elated Minister of State, Aviation, Senator Hadi Sirika that conveyed the good news last weekend that the Central Bank of Nigeria (CBN) had included domestic […]

Aviation Agencies Accused of Charging Airlines Illegally

Domestic airlines have alleged that some of the charges levied on them by aviation agencies, which amount to estimated N10 billion per annum are arbitrary and illegal and therefore should be stopped immediately.   The airlines alleged that the agencies did not secure the approval from the Nigeria Civil Aviation Authority (NCAA) before introducing the […]