Aviation Archives - Page 12 of 351

‘Exploitative domestic’ fares amid over capacity, stakeholders kick

Posted on December 14, 2025December 14, 2025 by Wole Shadare

• 200% hike not justified-Aero Contractors MD, Sanusi • Taxes, jet fuel stable, Aligbe says increase exploitative • Too much capacity on local routes-ValueJet chief Nigeria’s aviation sector has entered a “perfect storm” this December. While airlines have increased their fleet capacity compared to last year, ticket prices have surged to astronomical levels, with one-way fares to cities like Enugu, Owerri, and Asaba ranging from ₦350,000 to ₦700,000. The phenomenon of insensitive domestic airfares despite…

Excessive pricing threat to ‘Detty December’s viability, says Onitilo

Posted on December 11, 2025December 11, 2025 by Wole Shadare

High ticket price driven by demand and supply-Bernard The Managing Director of Travelden (a subsidiary of Finchglow Holdings Ltd.), Gbenga Onitilo, has highlighted a significant threat to the long-term viability of the highly popular Detty December tourism season in Nigeria, particularly in Lagos. His concern centres on excessive pricing and price gouging across the hospitality and entertainment sectors, just as his warning, primarily directed at the tourism and hospitality sectors, could threaten the entire tourism…

Senate says 400% rise in airfares unacceptable, summons Minister

Posted on December 9, 2025December 9, 2025 by Wole Shadare

… Describe as outrageous N400, 000, N600, 000 flights On Tuesday, the Senate summoned the Minister of Aviation and Aerospace Development, Festus Keyamo, and other key stakeholders in the sector for an urgent interface to address the effects on air travellers. The resolution of the apex legislative Chamber was made in response to public outcry over rising domestic airfares in Nigeria. The Senate decried the situation and asked Keyamo, airline operators, regulators, and other industry…

Over 75% wet-leased airplanes operating in Nigeria

Posted on December 7, 2025December 8, 2025 by Wole Shadare

• CTC gains may take five years, says Aero MD, Capt Sanusi • Laments huge capital flight • Dry-lease deal not retroactive-Aligbe For years, the sleek, modern jets that crisscrossed the nation’s major cities were often just fleeting shadows, wearing the livery of a local carrier but flown, maintained, and insured by a foreign lessor. This expensive arrangement, known as a wet lease (Aircraft, Crew, Maintenance, and Insurance – ACMI), became the default, not by…

Nigeria, Boeing sign deal to stem $200 million annual overseas aircraft repairs

Posted on December 2, 2025 by Wole Shadare

• Minister unveils gains of Nigeria’s first int’l airshow The Federal Government has signed agreements with aircraft giant, Boeing and Cranfield University to establish state-of-the-art aircraft maintenance facility otherwise known as aircraft Maintenance Repair Overhaul (MRO) saying it would help in reducing the $200 million annual capital flight for aircraft overseas. The government disclosed that Aero Contractors and XEJet are leading this transformation with new hubs in Lagos and Abuja. President Bola Tinubu who was…

State-owned airlines signpost new era in Nigerian aviation

Posted on December 1, 2025December 1, 2025 by Wole Shadare

Survival higher if professionally run Stakeholders: Ibom Air model for state carriers Lagos, Anambra, Ebonyi, others moot idea In a significant shift within Nigeria’s aviation sector, a growing number of state governments are moving beyond airport development and are now actively establishing or partnering to set up their own airlines. This trend, spearheaded by successes such as Ibom Air, signals a renewed government interest in a sector previously dominated by private enterprise following the…

Demuren:How $60 million BASA money caused trouble for me

Posted on November 30, 2025November 30, 2025 by Wole Shadare

A former Director-General of the Nigeria Civil Aviation Authority (NCAA), Dr Harold Demuren, has explained how he came under severe pressure to release Bilateral Air Services Agreement (BASA) funds into a private account. Although Demuren was silent on the exact amount he was pressured to transfer into a private account, it is reported that $60 million was the total amount of BASA funds later withdrawn by the government after Demuren vacated office. Recounting his ordeal…

Aeropolitics: Nigeria will not be caught off guard-Minister

Posted on November 26, 2025November 26, 2025 by Wole Shadare

Why Nigerian carriers can’t compete-Demuren The Minister of Aviation and Aerospace Development, Festus Keyamo, said Nigeria would not be caught off guard by other nations using politics to prevent the country’s airlines from reciprocating the Bilateral Air Services Agreement (BASA) it has with them. Keyamo Consequently, the government, he said, has resolved to continue playing international aviation politics, otherwise known as “Aeropolitics,” to ensure that indigenous airlines sustain the gains already made, even as they…

Yuletide: Airlines struggle as demand outstrips supply over carriers’ depleting fleet

Posted on November 21, 2025November 21, 2025 by Wole Shadare

Air fares rise by over 120% amid Christmas rush There are strong indications that passengers may go through excruciating pain to secure seats on aircraft, especially as the Yuletide approaches. This is a result of the acute shortage of aircraft among many airlines, which prevents them from transporting the vast number of travellers to their destinations. As Yuletide approaches, airlines are having a hectic time accommodating huge bookings and raising fares to an all-time…

200,000 annual traffic on Nigeria-Accra route attraction for country’s airlines

Posted on November 18, 2025November 18, 2025 by Wole Shadare

How to get Nigeria’s empty airports viable-IATA Experts seek investment in route development Nigerian airlines have justified the decision to use Accra as its launch pad for both regional and international airline operations, citing a vast number of seats on the Lagos-Accra route. The Chairman of United Nigeria Airlines, Prof. Obiora Okonkwo, yesterday at the FAAN National Aviation Conference in Lagos, with the theme, “Elevating the Nigerian Aviation Industry Through Investment and Global Engagements”,…

« 1 … 10 11 12 13 14 … 351 »