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Tag "Airlines"

FX backlog: We’ve disbursed $61m to foreign airlines, says CBN

    FX backlog: We’ve disbursed $61m to foreign airlines, says CBN

The Central Bank of Nigeria (CBN) says $61.64 million has been paid to foreign airlines through various deposit money banks (DMBs). Hakama Sidi Ali, CBN’s acting director of corporate communications

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Keyamo: Airlines will pay passengers for delayed, cancelled flights from January 2024

    Keyamo: Airlines will pay passengers for delayed, cancelled flights from January 2024

Festus Keyamo, minister of aviation and aerospace, says airlines will begin to compensate passengers for delayed or cancelled flights by January 2024. The minister spoke on Tuesday when he appeared

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Global aviation industry revenues to reach record-high of $964bn in 2024, IATA forecasts

    Global aviation industry revenues to reach record-high of $964bn in 2024, IATA forecasts

The International Air Transport Association (IATA) has projected that the global airline industry will generate record-high revenues of $964 billion in 2024. The projection is an increase of 7.6 percent

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NCAA: Nigerian airlines struggling to stay afloat amidst economic challenges

    NCAA: Nigerian airlines struggling to stay afloat amidst economic challenges

Musa Nuhu, director-general of the Nigeria Civil Aviation Authority (NCAA), says domestic airlines are facing a challenging operating environment, characterised by numerous obstacles that hinder their profitability. In an interview

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NCAA: Why airlines must now have minimum of six aircraft to operate in Nigeria

  NCAA: Why airlines must now have minimum of six aircraft to operate in Nigeria

Musa Nuhu, director-general of the Nigeria Civil Aviation Authority (NCAA), says airlines must have strong financial capacity and a minimum

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NCAA links supply of contaminated aviation fuel to ‘unapproved marketers’ in airport

  NCAA links supply of contaminated aviation fuel to ‘unapproved marketers’ in airport

The Nigeria Civil Aviation Authority (NCAA) says it will check the activities of unapproved aviation fuel marketers involved in the

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NAHCON: How we’re ensuring pilgrims don’t bear $250 additional hajj cost

  NAHCON: How we’re ensuring pilgrims don’t bear $250 additional hajj cost

The National Hajj Commission (NAHCON) has explained measures put in place to offset the $250 additional cost for the pilgrims’

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NAHCON, airlines agree to increase Hajj fare by $250 per passenger

  NAHCON, airlines agree to increase Hajj fare by $250 per passenger

Zikrullah Hassan, chairman of the National Hajj Commission (NAHCON), says the airlines approved for the airlifting of pilgrims to Saudi

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Sudan conflict: Nigerian airlines refuse to sign agreement to airlift hajj pilgrims

  Sudan conflict: Nigerian airlines refuse to sign agreement to airlift hajj pilgrims

The National Hajj Commission of Nigeria (NAHCON) says four airlines have declined to sign an agreement to transport intending pilgrims

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INTERVIEW: Airlines still restricting travel agents because CBN paid 25% of released funds, says NANTA

  INTERVIEW: Airlines still restricting travel agents because CBN paid 25% of released funds, says NANTA

Since the beginning of 2022, the aviation sector has been battling significant headwinds. While crawling back into economic recovery following

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