Aviation

Experts Raise Concern over Foreign Airlines’ Inability to Repatriate Funds from Nigeria

Besides charging Nigerian air travellers exorbitant fares, aviation experts have raised concern over foreign airlines’ inability to repatriate trapped funds in Nigeria, insisting that Nigeria has become a country with the highest amount of foreign airlines’ trapped funds while highlighting its implications. The implications according to them include the designation of Nigeria as a high-risk […]

Sanusi Aviation

Forex Scarcity Worries Airlines, Operators Seek Intervention

The Chief Executive Officer of Aero Contractors, Captain Ado Sanusi has said the inability of Nigerian airlines to secure foreign exchange was affecting their operations. According to him, owing to this, domestic carriers are finding it difficult to acquire spares, carry out maintenance of their aircraft, pay for technical training of personnel and lease aircraft. […]