FG Loses N43. 48bn Foreign Airlines BASA Remittances

The federal government may have lost over N43.48 billion ($144 million) remittances paid by international airlines as reciprocity charges in the Bilateral Air Service Agreement (BASA) from 2014 to the end of 2016 due to the decision of the Ministry of Transport to stop collecting the charges without providing alternative payment platform for the airlines. […]

AON GETS NEW EXECUTIVE

Airline Operators of Nigerian (AON) has elected new executives at its 2016 Annual General Meeting in Lagos, January 11, 2017. The operators said in a statement that it now has new Executive Council in place to pilot the activities of the association for the next two years.  Captain Nogie Meggison, the Chief Executive Officer of […]

Harsh Operating Environment Discourages Investment in Aviation Sector

Some stakeholders in the aviation industry have said  that  harsh operating environment, including disincentive government policies, high cost of  doing business  and  scarcity of  aviation fuel  are discouraging  investors from the sector.  In the past four years there have been more commercial airlines that went under than the ones that came in and in the last two years it is only Air Peace […]

AON Lament Poor State of Navigational Aids

Airline Operators of Nigeria (AON) hereby expresses its gross disappointment and deepest displeasure at the deplorable state of Navigational Aids at airports around the country which makes flying in the Nigerian airspace virtually impossible during the harmattan season thereby increasing the sufferings of passengers and disrupting their plans for the yuletide season due to flight […]

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 […]