The International Air Travel Association (IATA) has identified five proven ways that governments can help stimulate the air travel market while avoiding adding more debt to already highly leveraged airline balance sheets due to Coronavirus pandemic. The global body urged governments to grant temporary waivers or suspensions of government charges, taxes and fees to airlines […]
We must note that domestic airlines are privately owned businesses. They do not share their profits with Nigerian public. Yes! They employ Nigerians who work for their wages. On accountability, it is what they declare that stays as accountability records. As at today, there is no airline that is a public listed company. It is […]
The federal government has confirmed that airlines which have stopped operations and which do not have current Air Operators’ Certificate (AOC) would not benefit from the planned palliatives aimed at providing financial succour for domestic carriers that have suffered heavy revenue loss due to COVID-19 lockdown. This was disclosed by the Director-General of the Nigerian […]
