The Nigeria Civil Aviation Authority (NCAA) has commenced discussions with the federal government on the possibility of reducing the cost of aviation fuel through local refining of the product. The NCAA is also pushing for the practicability of granting the oil marketers and airlines the concession for lower exchange rates. The move was sequel to […]
There is an indication that more Nigerian airlines may close shop as the current economic downturn has hampered airlines operations. Industry experts have expressed concern that the forex scarcity is taking a huge toll on the aviation sector because virtually everything done in the airline business requires foreign exchange, except the purchase of aviation fuel. THISDAY […]
Evarest Nnaji posits that Nigerian airlines must operate in line with international standards to remain in business I have debated this matter with economists and business developers over the years, but I believe it’s now time to put it out to the public, if not for anything, at least so that we all know where we stand. Aviation […]
The regulatory authority, Nigerian Civil Aviation Authority (NCAA) has denounced the report that it authorised airlines to increase fares and said that all airlines’ tariffs for their services including fares, rates, add-on charges or terms and condition of service are fully liberalised. The agency said it has made this known in reaction to reports in […]
Nigerian airlines are fast losing passengers traffic due to the economic downturn and the fact that at the beginning of every year airlines record low passenger movement. Industry observers say that airlines have lost about 40 per cent of the traffic because many people who otherwise would be travelling chose not to because there […]
