Tag: Airline Operators of Nigeria

Aviation News

Foreign exchange, high inflation cause of high airfares – Operators 

Local airlines have blamed the nation’s high inflation and volatile foreign exchange rates for the high cost of airfares. The Chief Operating Officer of United Nigeria Airlines, Osita Okonkwo said the nation’s current economic problems are hurting the aviation industry, according to The Punch. “It is an economic issue. We have little naira chasing forex, […]

Aviation

Airline operators reject $300 helicopter landing fee

The Airline Operators of Nigeria, the umbrella body for local airline operators, has rejected the helicopter landing fee stating that aside from lacking a legal framework, the Nigerian Airspace Management Agency does not provide any additional service to helicopter operators to justify the imposition of a landing fee. Following the uproar in the aviation sector, […]

Lagos to Abuja flight ticket should cost N250k - Airline operators
Aviation

Lagos to Abuja flight ticket should cost N250k – Airline operators

The Spokesperson for the Airline Operators of Nigeria and Chairman of United Nigeria Airlines, Obiora Okonkwo, has stated that due to cost increases, an air ticket from Lagos to Abuja should cost N250,000 He said this in an exclusive interview with AriseTV. According to him, “If you think tickets are expensive, you’re probably underestimating the sacrifices made […]

Flutterwave partners IATA to facilitate improved flight payment for African airlines
News

Flutterwave partners IATA to facilitate improved flight payment for African airlines

Africa’s leading payments technology company, Flutterwave has joined forces with the International Air Transport Association to enhance travel experiences and facilitate seamless payments for airlines operating in sub-Saharan Africa. Through this collaboration, airlines worldwide can leverage Flutterwave’s integration with IATA’s Financial Gateway to process payments from customers using various methods, including cards, bank transfers, mobile […]

Why Buhari regime launched Nigeria Air with Ethiopian plane - MD
Aviation

Nigeria Air has no shareholder – Airline operators

The Airline Operators of Nigeria has revealed that Nigeria Air has no single shareholder in its records at the Corporate Affairs Commission.   The agency’s spokesman, Prof. Obiora Okonkwo, made this known on Monday while speaking on Arise TV.   Data from the National Bureau of Statistics and annual budgetary figures indicate that about N85 […]

IATA, weather company collaborate on data
Aviation

Foreign airlines trapped funds in Nigeria rises to $812.2m

The amount of money trapped by foreign airlines in Nigeria has increased to $818.2 million, setting a new world record. According to Nairametrics, the International Air Transport Association has urged the impacted nations particularly Nigeria to uphold the international agreements made about the repatriation of ticket sales with various governments. According to the Director-General of […]

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International airlines raise exchange rate to N551/$1

International Airline operators in Nigeria have reportedly adjusted their exchange rate from N462/$1 to N551/$1.   Nairametrics reported that airlines adjusted the exchange rate on their Global Distribution System owned by Amadeus.   The exchange rate between the naira and dollar sold as high as N551/$1 for the second straight day, on the official spot […]

Jet A1 hike threatens airlines' existence - Ibom Air COO
Transportation

Airlines, oil marketers disagree over JET-A1 price

Nigerian airline operators are currently at loggerheads with oil marketers over the rising prices of JET-A1, also known as aviation fuel. While marketers have defended the price, which is as high as N600 per litre, airlines have insisted that it is too high, accusing marketers of exploitation. As a result, airlines have threatened to shut […]

Trapped forex: Expert pushes for ticket purchase in dollars
Aviation

JETA1: Airlines suspend flights shutdown

The Airline Operators of Nigeria, the umbrella body for domestic airlines, on Sunday cancelled its decision to halt flight services across the country beginning today (Monday). But before the AON announced the cancellation of its earlier decision, five of its members had already declared that they would not join in the plan to suspend flights […]