Chief Financial Officer, Aero Contractors, Mr. Charles Grant, has said that government’s harsh fiscal policies have impeded the growth of domestic airlines. He stated this recently at the Civil Aviation Cost Recovery Optimisation Stakeholders Retreat in Lagos. The meeting themed: ‘Strengthening Collaboration for Revenue Optimization and Operational Efficiency’, organised by the Directorate of Finance and […]
The Nigeria Civil Aviation Authority (NCAA) has appealed to airlines to remit the five per cent Ticket Sales Charge accruing from ticket sales to the agency timely and transparently and threatened that none or delayed remittance of the revenues will attract punitive measures which would include no pay-no service policy from January next year. NCAA made […]
As a country where air travellers pay the highest taxes in Africa and one of the highest in the world, according to the International Air Transport Association (IATA), Nigeria is yet to give passengers who travel to international destinations, the necessary respite. With average of four million travellers on international routes since 2021, Nigerian travellers […]
In a strategic move aimed at strengthening transparency and boosting internally generated revenue (IGR), the Federal Airports Authority of Nigeria (FAAN), through its Directorate of Cargo Development & Services (DCDS), has secured critical stakeholder alignment to enforce compliance with the payment of FAAN’s statutory port charges at the Pilgrims & Cargo Terminal (PCT) of […]
The International Air Transport Association (IATA) expressed its deep disappointment at the recommendation of the Global Solidarity Levies Task Force (GSLTF) to target air transportation in its aim to “improve domestic revenue mobilization of developing countries and support international solidarity (in particular with regards to climate change mitigation and adaptation, pandemics and other development challenges).” An initial […]
