African airlines’ traffic shrunk by 68 per cent in February year-on-year, according to a latest by the International Air Transport Association (IATA). The development was a setback compared to a 66.1 per cent decline recorded in January 2021, far less than that of January 2019. The February capacity of the airlines also contracted by 54.6 […]
The Federal Government has reopened the Mallam Aminu Kano international airport for commercial flights. The airport was shutdown in March 2020 as part of efforts to curtail the spread of COVID-19. It was closed down alongside Akanu Ibiam International Airport, Enugu; and the Port Harcourt International Airport, Omagwa. In a tweet on Tuesday, the Federal […]
Global travel and tourism sector has recorded an excess of $4.5 trillion revenue loss for Year 2020, which translates to about 50 per cent decline of its yearly turnover. The Economic Impact Report (EIR) of the World Travel & Tourism Council (WTTC) for 2020, released recently, linked the loss to the devastating impact of COVID-19. […]
Operators in the aviation industry have expressed displeasure over the manner in which the disbursement of the N27 billion Covid-19 intervention fund earmarked for the aviation sector was carried out. The N27 billion bailout palliative was introduced by the Federal Government last year to cushion the effects of the Covid-19 lockdown and restriction in air travel […]
A certification team from Nigeria's aviation regulatory authorities is expected to visit the airport soon. Governor Douye Diri of Bayelsa State has said that the state-owned airport is ready for commercial flight operations. Mr Diri stated this on Wednesday when he made an unscheduled visit to the facility ahead of a final certification visitation by the country's […]
The Nigeria Customs Service (NCS) has said that airlines registered in Nigeria and providing commercial air transport services are entitled to duty-free importation of their aircraft, engines, spare parts and components, purchased or leased. Customs Public Relations Officer, Joseph Attah, said this in a statement issued to newsmen in Abuja on Tuesday. Attah explained that […]
Nigerian carrier, Air Peace, has disclosed plans to add a brand new Boeing 737-Max aircraft to its fleet and operations. The airline said though the aircraft type had serious safety concerns, it had not cancelled its earlier orders for10 for the state-of-the-art airplanes. Air Peace, in September 2018, signed a Memorandum of Understanding (MoU) with […]
International Finance Corporation (IFC), a member of the World Bank Group, has invested €20 million into Bolt, a ride-hailing company, to promote access to on-demand mobility services in Nigeria and other emerging economies. The investment and advisory services being offered by IFC, according to a joint statement issued by the companies will would ensure the […]
There should be special Forex window for airlines, says OknokwoWhen flight operations resumed last July after weeks of COVID-19 lockdown, the major industry worry was low passenger patronage. Demand did go on a roller-coaster and when it stabilised, another problem emerged – insufficient fleet capacity to ferry waiting passengers. The tell-tale signs of low capacity […]
The federal government has, on Tuesday, launched the Nigerian Temporary Passport for one-way trips to Nigeria. This new passport was launched by the Minister of Interior Rauf Aregbesola. The new passport was designed for Nigerians abroad who choose to return to Nigeria urgently and do not have a passport. The minister noted, in a tweet, […]
