Tag: Aviation

FG begins payment of airlines' trapped funds - NANTA
Aviation

FG begins payment of airlines’ trapped funds – NANTA

The National Association of Nigerian Travel Agencies has announced that the Federal Government has gradually started paying trapped funds of foreign airlines in the country through the Central Bank of Nigeria. According to Nairametrics, this was revealed to journalists on Wednesday in Lagos by the NANTA President, Susan Akporiaye. Although she was unable to provide specifics […]

An aircraft packed-Diamond aircraft
Business

Top aircraft maker Diamond considers investment in Nigeria

A leading aircraft manufacturer, Diamond Aircraft, has announced its plans explore the market potentials in Africa and establish strong presence in Nigeria. According to The Punch, this was said last weekend by the Chairman, Diamond aircraft, Bin Chen, during his team’s visit to Nigeria’s Minister of Aviation, Hadi Sirika. In his words, “We are excited […]

Aviation featured

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 […]

Minister of Aviation, Hadi Sirika, during a State House Briefing in Aso Villa
Business

FG to meet aviation stakeholders on Thursday

The Minister of Aviation, Hadi Sirika, will be meeting with aviation stakeholders in Abuja on Thursday, continuing the tradition of regular engagements with major players in the aviation industry since the beginning of the Buhari administration. According to The Punch, the Special Assistant to the minister on Public Affairs, James Odaudu, said the aim of […]

Workers are participating in industrial action - Strike
Business

Hundreds of flights cancelled over German airport strike

German airport’s strikes over pay and work conditions have resulted in the cancellation of hundreds of flights on Friday. In addition to the most recent industrial action disrupting travel plans for some time now, strikes have taken place at four German airports. Reuters reported that German union Verdi called on security and ground handling personnel […]

UK regulator orders Heathrow Airport to reduce airline fee
Aviation

UK regulator orders Heathrow Airport to reduce airline fee

  Britain’s aviation regulator has ordered Heathrow airport to lower the costs it charges airlines, citing a robust rebound in demand following the lifting of pandemic lockdowns. The Civil Aviation Authority stated that the cut “recognizes that passenger volumes are anticipated to recover to pre-pandemic levels, and should result in lower costs for travellers.” The […]

Air Peace defends abrupt flight disruptions
Aviation

Air Peace halts flight operations for elections

Buna Juliet   Air Peace on Thursday announced that flight operations will be suspended on February 25 as a result of the general elections. However, flight operations will resume February 26, the local airline assured. The airline disclosed this in a statement via its official Instagram handle. The statement reads, “Members of the public are […]

Pilot training school. Aviation School in Nigeria
Business featured

Aspiring pilots pause studies as Aviation schools hike tuition

A number of aspiring pilots who applied to study at aviation schools were forced to pause their plans because of the over 100% tuition hike in Nigeria. BusinessDay’s findings revealed that the major licensed schools for pilot training which are Nigerian College of Aviation Technology, Zaria and International Aviation College, Ilorin, have hiked fees by […]

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