Despite the projection by the International Air Transport Association (IATA) that Africa’s airlines are on track to post a combined $638 million loss this year, with demand still 32.3 per cent lower than 2019 and capacity 31.1 per cent off the 2019 high-tide, the global body has also projected that by the last quarter of […]
Aviation experts have expressed divergent views on the adoption and success of single sky for Africa, warning that Nigeria will be left behind if it does not take advantage of the Single African Air Transport Market (SAATM). Their position is in tandem with the Nigerian airlines that have expressed lukewarm attitude towards the open sky […]
Since it became public that the federal government is in talks with Africa’s most profitable carrier, Ethiopian Airlines as its choice of core investor/ technical partner for the planned national carrier, Nigeria Air, industry stakeholders have reacted differently to the report. Last week, a team from the Ministry of Aviation met with Ethiopian Airlines management […]
The federal government has said it expects to raise about $250 million from the private sector to float it proposed national carrier, which is now at the stage of procurement phase. This was disclosed by the Ministry of Aviation in a publication titled, ‘Status of the Road Map/PPP Projects’ and made available to THISDAY. The […]
Nigeria has lost the West African air market to Ghana as today no Nigerian airline is operating to destinations such as Accra, Abidjan, Dakar, Freetown, Monrovia and the Gambia. Industry operatives told THISDAY that the aforementioned routes used to be lucrative for Nigerian airlines, where they generate dollar revenue and were known as low hanging […]
