While foreign airlines continue to thrive in Nigeria’s aviation sector, raking in an estimated $1.7 billion annually from over 200 weekly flights, …
foreign airlines
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Africa
Africa: Nigeria’s Civil Aviation DG Set up 10-man Committee To Tackle High Airfares, Foreign Airlines Unblock All Low Inventory Tickets
by Atqnewsby AtqnewsIn a move to halt the spiraling cost of air tickets in the country and make travelling affordable for Nigerians, the Director …
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Africa
Africa: Nigeria’s Apex, CBN Clears Backlog Of Foreign Airlines’ Blocked Funds, Pays Additional $64.44 million of Verified Claims
by Atqnewsby AtqnewsNigeria’s Apex Bank, Central Bank of Nigeria, CBN, says it has concluded the payment of all verified foreign exchange (FX) claims by …
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Despite the looming challenges, Nigeria retains its status as a lucrative route for foreign airlines, defying recent concerns raised by the International …
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Aviation
Africa: Foreign Airlines Restrictions: A Molotov Cocktail by Chris Aligbe
by Atqnewsby AtqnewsIn recent years, there have been very strong views and, criticisms by some members of Airline Operators of Nigeria (AON) and indeed, …
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ATQ News ArchiveATQ News UpdatesAviation
Africa: NAHCO Chairman Calls On Government To Release $802m Airlines’ Trapped Funds In Nigeria
by Atqnewsby AtqnewsFrom left: Mr. Indranil Gupta, GMD/CEO, Nigerian Aviation Handling Company (NAHCO) Plc; Dr. Seinde O. Fadeni, Chairman; Mr. Bello A. Abdullahi, Company …
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ATQ News ArchiveAviation
African Aviation: Foreign Airlines Lose Nigeria’s High Yield Market to Economic Downturn
by Atqnewsby AtqnewsAccording to THISDAY, investigations have revealed that foreign airlines lose about $200 million monthly to the present economic crunch in Nigeria, which …
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ATQ News ArchiveAviation
African Aviation: Foreign Airlines Accused of Using Forex Scarcity to Rip off Nigerians, FG
by Atqnewsby AtqnewsBy Chinedu Eze Foreign airlines operating in Nigeria have been accused of devising a means of ripping off Nigerians and the federal …
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ATQ News ArchiveAviation
IATA: Nigeria Aviation taxes are too high as $575m Airlines funds trapped
by Atqnewsby AtqnewsThe International Air Transport Association said that funds belonging to foreign airlines, which had been trapped in the country due to the …
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ATQ News ArchiveAviation
Medview Airlines Lagos-London booms as foreign airlines suffer in Nigeria
by Atqnewsby AtqnewsNIGERIA’S foreign exchange crisis has taken another huge toll on its air travel industry as cost of air fares on some foreign …