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Airlines’ group rescind decision on ticket sale in dollars

…as NCAA awaits security clearance on Air NigeriaNgige The APG Interline Electronic Ticketing Agreements (IET) yesterday recalled and canceled the notice it made to its trade partners including travel agencies to issue air tickets in the United States dollars. Since yesterday, tremendous pressure had been brought to bear on APF IET and its affiliate airlines […]

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Airlines risk extinction as carriers operate below unit cost

…stakeholdersin limbo as JET A1 skyrockets to N400 per litre How sunset activities at 18 airports hampers operations Nigerian airlines are in dire straits, New Telegraph can reveal. This is because of the twin effects of the astronomical rise in the price of aviation fuel (JET A1), the negative impact of foreign exchange fluctuations, and […]

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Airlines: Nigeria exempted from $601m trapped funds

The International Air Transport Association (IATA), the clearing house for global airlines, has disclosed that over $601 million of airlines’ funds are trapped in some African countries; a situation that has negatively impacted carriers operating into the continent. Nigeria was missing from the list of countries that have kept foreign airlines’ funds. The $601 million […]

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Intrigues as airlines get FG’s N4bn bailout fund

Scheduled carriers share N3bn, charter receive N1bn The Federal Government has kept to its promise with N4 a billion bailout that has been handed out to the carriers as a way of cushioning the effects of COVID-19 crises on the operations of the airlines. This is, however, not without rancour among the airlines on how […]

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Ban on foreign airlines triggers fare rise

Economy class ranges from N700,000 to N800,000 Barred carriers endorse passengers on other airlines The reciprocity policy being enforced by Nigeria that shut out some European nations’ carriers from operating into the country, is taking a huge toll on many Nigerians. Those affected by the policy are passengers that already booked on the airlines with […]

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