Goli Innocent
Following the Central Bank of Nigeria (CBN) directive for airlines to meet their banks to clear the foreign exchange (FX) forwards backlog, the foreign airlines have said that about 90 per cent of their $783m…
Mariam Adebukola
Zikrullah Hassan, the Chairman of the National Hajj Commission (NAHCON) has stated that four local airlines, identified as Air Peace, Azman, Max Air, and Aero Contractors, have requested a sum of $250 increase in the…
Wole Shadare
About eight Nigerian airlines are jostling to land the very lucrative Hajj exercise. The airlines are Azman, Max Air, United Nigeria Airlines, Aero Contractors, ValueJet Arik, and Sky Power Express. The mouth-watering 95, 000 intending…
Wole Shadare
Carriers get one month ultimatum to pay lAviation agencies subsidising operations Delta airline suspends New York to Lagos flights over low demand Nigerian airlines’ debts have risen to N19 billion and $.7.8 million. These are…
Wole Shadare
…as NCAA awaits security clearance on Air NigeriaNgige The APG Interline Electronic Ticketing Agreements (IET) yesterday recalled and canceled the notice it made to its trade partners including travel agencies to issue air tickets in…
…stakeholdersin limbo as JET A1 skyrockets to N400 per litre How sunset activities at 18 airports hampers operations Nigerian airlines are in dire straits, New Telegraph can reveal. This is because of the twin effects…
Wole Shadare
The International Air Transport Association (IATA), the clearing house for global airlines, has disclosed that over $601 million of airlines’ funds are trapped in some African countries; a situation that has negatively impacted carriers operating…
Wole Shadare
Scheduled carriers share N3bn, charter receive N1bn The Federal Government has kept to its promise with N4 a billion bailout that has been handed out to the carriers as a way of cushioning the effects…
Wole Shadare
Economy class ranges from N700,000 to N800,000 Barred carriers endorse passengers on other airlines The reciprocity policy being enforced by Nigeria that shut out some European nations’ carriers from operating into the country, is taking…