NCAA lifts Azman airline’s suspension

Nigerian domestic airline, Azman Air, has resumed operations following its license renewal with the Nigeria Civil Aviation Authority. The airline renewed its Air Transport License after its operation was suspended, Thursday, by the NCAA following the expiration of its document, including nonpayment of legacy debt. A document confirming the renewal of Azman Air license read, […]

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Foreign airlines’ stranded fund may hit $500m as fare hike worsens

Govt has refused to engage operators, build confidence, say travel agencies About three weeks after the Central Bank of Nigeria (CBN) released a fraction of the foreign airlines’ stuck funds in the country, there has been no reprieve in the crisis rocking the international travel segment. Affordable travel tickets that were earlier withdrawn by the […]

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How naira free-fall, others increase local airlines’ overseas insurance premium

The low solvency level of some underwriting firms and consistent depreciation of naira were, yesterday, identified as the reasons of the higher premium local airlines pay for insuring aircraft in Nigeria and overseas. The insurance regulator and operators, who spoke at the opening of the Chinet 22 Aviation and Cargo Conference in Lagos, said aviation […]

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FG threatens to sanction airlines selling tickets in dollars

Faults reports alleging N14.6b spent on Nigeria Air Says only N651m transactional advisory services approved The Federal Government has threatened to would sanction foreign airlines selling tickets to Nigerians in dollars, stressing that the practice violates the country’s laws. Minister of Aviation, Hadi Sirika, disclosed this on Wednesday while fielding questions from reporters after the […]

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Dana Air concludes internal Safety Management Systems (SMS) training

Dana Air staff members who attended the training As part of the efforts to return to operations after its Licence was withdrawn by Nigerian Civil Aviation Authority (NCAA) over safety related issues, Dana Air said it has concluded its internal Safety Management Systems (SMS) Training for top management staff and post holders. Speaking on the […]

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Lufthansa cancels ‘almost all’ Friday flights in Germany over strike

German airline group Lufthansa said it is cancelling “almost all” of its flights to and from its main German hubs in Munich and Frankfurt on Friday after pilots called a strike. The airline will cancel 800 flights on September 2 affecting “130,000 passengers”, Lufthansa said in a statement on Thursday. Pilots called the industrial action […]

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After N14.6b, Nigeria Air misses fifth take-off amid investors’ apathy

Concerns as Nigeria Air gulps N14.6b in four years, under 5% govt’s equity Industry awaits delivery of Sirika’s aviation roadmap seven years on, nine months to go Consultants and stakeholders disagree on prospects of new airline Nigeria’s bid to float a new national carrier appears to have entered the wrong time zone, with credible investors […]

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Delta Airline suspends New York to Lagos flight operations

Delta Airlines, United States’ longest serving flight operator in Nigeria, said it will from October 4, 2022, suspend flight operations between JFK airport, New York and Lagos. The airline which is one of the major airlines of the United States and a legacy carrier, disclosed this in a statement. The airline which resumed operations on […]

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Five foreign carriers complete relocation plan into Lagos new terminal

No fewer than five international carriers have completed plans to relocate Lagos operations into the new terminal at the Murtala Muhammed International Airport (MMIA), Lagos, to end months of under-utilisation of the $100 million facility. The Federal Airports Authority of Nigeria (FAAN) raised the optimism as it also assured that the Federal Government is working […]

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CBN releases $265m to airlines over repatriation challenges

The Central Bank of Nigeria on Friday, released $265m to airlines operating in the country, to settle outstanding ticket sales to check a brewing crisis in the country’s aviation sector. A breakdown of the figure indicated that $230m was released as special foreign exchange intervention while another $35m was released through Retail SMIS auction. Disclosing […]

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