Aviation industry stakeholders have said that the inability of the federal government to honour agreements was the major reason why international financiers, lessors and investors failed to support the planned national carrier, Nigeria Air. The industry players said despite the claims by government top officials that some institutions were interested in the airline, there were […]
To sustain flight safety and ensure that domestic carriers have robust financial status, the Nigerian Civil Aviation Authority (NCAA) has started enforcement of economic regulation of the airlines. The Authority has insisted that the operators must submit monthly financial report to the agency. NCAA explained that this is to ensure that airlines that do not […]
The International Air Transport Association (IATA) said Nigerian airlines would benefit hugely from the free movement of the region’s carriers from one country to another in the continent, known as open sky for Africa. The international body on Tuesday urged Nigerian airlines to take advantage of the treaty, Single African Air Transport Market (SAATM) to […]
Aviation experts have identified reasons why it would be very difficult for Nigerian airlines to successfully operate international routes, which typically is a major foreign exchange earner and reduces capital flight by foreign airlines, put at $1.4 billion in 2017. Since the demise of the national carrier, Nigeria Airways Limited (NAL), it has been very […]
For several years, Nigerian airlines expressed dissatisfaction over the payment of Value Added Tax (VAT) and complained that it ate deeply into their operations. Also, the airlines lamented that they pay too many taxes and charges which continued to eat into their profits. Nigerian airlines have average of 10 years lifespan as after that, they […]
