Emirates Resumes Lagos-Dubai Flight Services October 1
Emirates Airlines has announced that it would resume flight services to Nigeria, starting with Lagos to Dubai from October 1, 2024.
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Why Nigerian Airlines Have Been Unable To Compete With Foreign Operators – Keyamo
Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has explained why Nigerian airlines have in the past been unable to compete favorably with their international counterparts in the aviation industry.
Nigerian Air Travellers Can Now Enjoy Lower Ticket Prices For International Flights – NCAA
Nigerian Civil Aviation Authority (NCAA) has announced that going forward, Nigerian air travellers, will begin to enjoy lower ticket prices on international flights.
Nigeria Loses Billions Of Dollars Yearly Through Foreign Airlines – Air Peace Boss
Air Peace, Dr Allen Onyema, has said the country is losing billions of dollars yearly through foreign airlines that are given undue advantage to the detriment of domestic ones.
How Nigeria Can Curb High Airfares On International Routes
As travellers in Nigeria continue to groan over the high cost of airfares for international travel, it has been said that the absence of Nigerian airlines operating in the market is also responsible for what has been described as a “crazy fare.”
Senate Directs CBN To Give Foreign Airlines 2% Of Foreign Reserves
The Senate has directed the Central Bank of Nigeria (CBN) to increase the foreign exchange allocation to foreign airlines operating in Nigeria. This was made known on Wednesday after a motion titled; “Current Issues on Airlines Blocked Funds in Nigeria” moved by Senator
Nigeria Blocks $802 million Revenue Belonging To Foreign Airlines
The International Air Transport Association (IATA) has disclosed that foreign airlines’ trapped fund in Nigeria has increased to $802 million. Prime Business Africa previously reported five months ago that the trapped fund was $700 million, rising from $464 million disclosed in July
Shutdown Looms, As Nigerian Gov’t Blocks $743 million Belonging To Foreign Airlines
The revenue of foreign airlines blocked from repatriation by the Nigerian government has increased to $743 million as of the end of January 2023. According to the International Air Transport Association (IATA), the amount rose from $662 million recorded two months ago.
Foreign Airlines Won’t Last 72 Hours Operating Domestic Flights In Nigeria – Air Peace’s Allen Onyema
Chairman and Chief Executive Officer of Air Peace, Allen Onyema, says foreign airlines can’t survive challenges faced by airline companies operating domestic flights. Onyema, who doubles as the vice-president of the Airline Operators of Nigeria (AON), said without preferential treatment, foreign airlines
Foreign Airlines’ Blocked Funds In Nigeria Hit $551 million – IATA
Nigeria leads list of countries with blocked funds belonging to foreign airlines, the International Air Transport Association (IATA) has revealed. On Wednesday, IATA disclosed in a list consisting of Nigeria, Pakistan, Bangladesh, Lebanon, Algeria and 22 others that about $2 billion revenue
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