Airfares hit new high as foreign airlines settle for N582 to dollar

• Six-hour economy return-trip between N1.1m and N2.97m • Qatar, European carriers repatriate from I&E window, reopen naira inventories • Air travel goes elitist, exclusive to the rich, needs local capacity – experts say For the third time in less than a month, the rate of exchange (RoE) applicable to foreign airlines has ballooned, hitting […]

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Again, local airlines kick as FG rallies behind open market treaty

Nigeria Air… New national carrier to know fate April 25 For the umpteenth time, airline operators have disagreed with the plan to open up the Nigerian air travel market to continental airlines, under the evolving Single African Air Transport Market (SAATM) initiative. The local carriers said while the Nigerian virile travel market is “the target” […]

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Aviation workers issue seven-day ultimatum ahead of indefinite strike

•Minister keeps mum as NCAA broker truce with unions Aviation workers’ unions, yesterday, warned of an impending indefinite strike action should the authorities fail to resolve the nagging non-implementation of Condition of Service (CoS), and other welfare-related issues in the next seven days. At the end of their two-day warning strike on Tuesday, the unionists […]

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AMCON: How not to revive distressed airline, recover debts

An Arik Air Boeing 737 aircraft undergoing rebranding recently, at the Maintenance, Repair, and Overhaul (MRO) facility of Ethiopian Airline, in Addis Ababa, Ethiopia, as it prepares for a new life with NG Eagle Not many stakeholders warmed up to the Asset Management Corporation of Nigeria’s (AMCON) takeover of the management and operations of financially-distressed […]

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Aviation workers threaten two-day warning strike over CoS, welfare

Aviation workers’ unions have threatened to down tools next week, in protest against the non-release of new Condition of Service (CoS) in the last seven years and other welfare issues. The unions, yesterday, bemoaned the non-implementation of the CoS almost eight years after it was negotiated with workers. Also lamented were the non-implementation of the […]

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Aviation loses $3.5b over poor infrastructure, high operating cost

Operational challenges in the air transport sector in Nigeria and other African countries have been blamed for the loss of $3.5 billion of potential revenue in three years. The International Air Transport Association (IATA), at a special session on the African continent, said the losses were incurred between 2020 and 2022, especially due to infrastructure […]

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Airfares hike blamed on rising aviation fuel price, forex scarcity

Minister of Aviation, Hadi Sirika, during a State House Briefing in Aso Villa on Thursday The high cost of aviation fuel has been a major issue for airlines, constituting a substantial part of their operating costs. Funmi Fabunmi writes about how exorbitant aviation fuel prices have made affordable airfares elusive. The rising cost of aviation […]

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Aviation workers berate Sirika, vow to resist demolition of Lagos offices

Allege plans to appropriate public assets for personal use Aviation workers’ unions have reiterated their earlier vow to resist the Federal Government’s plan to demolish office complexes of aviation agencies in Lagos State, to make way for a new airport city project. The unions, at a rally in Lagos, yesterday, said the Aerotropolis (airport city) […]

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Again, foreign airlines rally FG on repatriation of $743 million stuck fund

No progress yet on $100m backlog, Emirates say Foreign airlines have, for the umpteenth time, appealed to the Federal Government to release and assist in the repatriation of trapped funds in excess of $743 million. The airlines, under the aegis of the International Air Transport Association (IATA), regretted that earlier entreaties to the House of […]

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NCAA investigates Lufthansa Airlines over alleged passenger maltreatment

Nigerian Civil Aviation Authority (NCAA) has opened an investigation over allegations of maltreatment of Nigeria-bound passengers by German carrier Lufthansa Airlines. General Manager, Public Affairs, NCAA, Sam Adurogboye, disclosed this in Lagos. Adurogboye said NCAA got a complaint over the alleged maltreatment of over 200 Nigeria-bound passengers. “I just got our Consumer Department and I […]

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