Tag: Airlines
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Internal, external factors responsible for previously outrageous high airfares – Allen Onyema
Allen Onyema, Chief Executive Officer of Air Peace, has heaped external and internal intrigues for the previously outrageous high prices that foreign airlines were charging for international trips. Onyeama while granting an interview to newsmen on Wednesday attributed the fall of the naira to these airlines.
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CBN pays additional $64 million, concludes fx payment of verified airlines claims
The Central Bank of Nigeria (CBN) says it has concluded the payment of all verified claims by airlines with an additional 64.44 million dollars. Mrs Hakama Sidi-Ali, CBN’s Acting Director, Corporate Communications, said this in a statement on Tuesday.
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Hard times: Airlines increase number of seats to beat high operational costs
In a bid to beat high operating costs in the aviation industry, domestic airlines have increased the number of flight seats, allowing more travellers to commute and boost revenue. The President of the National Association of Nigeria Travel Agencies, Susan Akporiaye, responding to the effect of foreign exchange scarcity in an exclusive interview with our…
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FG reveals when UAE airlines will resume
The Presidency has noted that Nigerian cabinet officials and their Emirati counterparts will soon finalize the terms of Monday’s visa ban lift. It stated that flight operations between both countries will resume very soon. This development was confirmed by President Bola Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale who disclosed this to state…
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HoR Committee wants presidential panel to probe Nigeria Air’s unveiling
The House of Representatives Committee on Aviation headed by Hon. Nnolim Nnaji has urged President Bola Ahmed Tinubu to immediately constitute a high powered presidential panel to undertake a holistic review of the Nigeria Air project. The aviation committee also recommended that all individuals, groups and organisations involved in the controversial unveiling and operation into…
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BREAKING: Reps declare Nigeria Air a massive fraud
The House of Representatives has declared Nigeria Air a massive fraud allegedly perpetuated by the former president Muhammadu’s administration. Reps Committee Chairman on Aviation, Nnolim Nnaji, declared the launch of Nigeria Air a fraud after the major stakeholders in the deal between the Federal Government and Ethiopian Airlines denied knowledge of the launch. The…
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IATA appeals to FG on airlines’ blocked funds
The International Air Transport Association (IATA) has appealed to the Federal Government of Nigeria on resolution of airlines’ blocked funds. Dr. Samson Fatokun, IATA Area Manager, West, and Central Africa, made the appeal on Tuesday in Abuja, when he led a team to pay a courtesy visit on the Minister of Aviation, Sen. Hadi Sirika.…
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Just In: NCAA lifts ban on Azman Air
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, “NCAA/ATR1/ATL118 is…
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Just In: CBN releases $265m to airlines operating in Nigeria
The Central Bank of Nigeria (CBN),on Friday, released the sum of 265 million dollars to airlines operating in the country to settle outstanding ticket sales. According to a statement issued by the Director, Corporate Communications Department of CBN, Mr Osita Nwanisob, the gesture is aimed at checking the crisis in the country’s aviation sector
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Airline operators groan, write FAAN, NCAA over ‘unsustainable operating costs’
The Airline Operators of Nigeria (AON) has written to Federal Airports Authority of Nigeria (FAAN), seeking an urgent review of the 90-day closure of Runway 18L. The group’s letter, dated July 15, signed by AON President, Alhaji Abdulmunaf Yunusa, was made available to newsmen in Lagos on Tuesday. It said that a week after the…