Nigeria’s flight bookings collapse by 50%, FG, travel agents count losses

Nigeria’s flight bookings collapse by 50%, FG, travel agents count losses

The inability of the Central Bank of Nigeria (CBN) to help foreign airlines repatriate over $700 million has done some incalculable economic damage to the travel industry in Nigeria. Investigation by Aviation Metric indicates that Nigeria’s flight bookings in April alone collapsed by approximately 50 percent as travel agents are losing tonnes of business and huge revenue. It is unknown how much the losses are, there are indications that the Federal Government may have lost over $300…

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Eulogies For Amusan At Book Launch On Travel Agency Operations In Nigeria

Eulogies For Amusan At Book Launch On Travel Agency Operations In Nigeria

The public presentation of the book, “Travel Agency Operations in Nigeria: Historical Perspectives”, authored by a respected travel expert, Elder Olusoji Amusan brought the crème de la crème of the travel industry under one roof to celebrate the tenacity of an Octogenarian to document his over 60 years experience in a book. It was actually a payback time for Amusan in the sense that it was an occasion for many he mentored in the aviation…

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Olowo:Nigeria lacks strong airlines to compete, proposes three flag carriers, says Nigeria Air stillbirth

Olowo:Nigeria lacks strong airlines to compete, proposes three flag carriers, says Nigeria Air stillbirth

Seek MMIA terminal rebuild, chides Sirika on agencies board Laments Airlines’ $718 million blocked funds, seeks contract sanctity   President of Aviation Safety Round Table (ASRT), Dr. Gabriel Olowo has said that the lack of preservation of the sanctity of contracts has continually eroded investors’ confidence and inhibits Foreign Direct Investment (FDI) not only in the aviation industry but other industries in Nigeria. This he said is confirmed with foreign airlines’ home remittance backlog which…

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NAHCo, SAHCO hike cargo charges by 100%, agents kick, firms defend action

NAHCo, SAHCO hike cargo charges by 100%, agents kick, firms defend action

Group seeks FG’s intervention   The Association of Nigerian Licensed Customs Agents (ANLCA) Murtala Mohammed International Airport has condemned the recent one hundred percent increase in the cost of cargo handling by the two handling companies in the country, Skyway Aviation Handling Company (SAHCO) and the Nigerian Aviation Handling Company (NAHCO) The two handling companies on 24th of April commenced a new cargo handling regime with a 100 percent increase but this did not go…

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U.S., Nigeria celebrate $38 million Kainji Air Force Base Improvements

U.S., Nigeria celebrate $38 million Kainji Air Force Base Improvements

Base to facilitate, maintenance of A-29 Super Tucano Nigeria’s A-29 program, largest U.S. foreign military sales  in Sub-Saharan Africa     Senior U.S. Department of State and Department of Defense officials joined Nigeria’s Chief of the Air Staff, Air Marshal Isiaka Oladayo Amao, represented by Air Vice Marshal Nnamdi Nwokoma Ananaba and other Nigerian partners to celebrate the completion of $38 million of improvements to the Kainji Air Force Base, Nigeria. The construction of the air base improvements is key to facilitating…

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IATA: 78 Years of Shaping Global Aviation Industry

IATA: 78 Years of Shaping Global Aviation Industry

According to Airspace Africa, the founding of IATA was the culmination of years of discussions and negotiations between various airlines and national governments. Prior to IATA’s formation, there were several different international organizations attempting to regulate air travel, but none had achieved the level of global cooperation needed for the industry to truly thrive. At the time of its founding, IATA had 57 members from 31 different countries, mostly located in Europe and North America….

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South Africa Week Kicks Off Amid Fanfare

South Africa Week Kicks Off Amid Fanfare

It was a festival of some sort as the maiden edition of South Africa Week in Nigeria kicked off yesterday, April 22, 2023, in Lagos with pomp and pageantry. The well-attended informal event, which was held at Terraform, Lekki, marked the beginning of a series of exciting week-long activities to commemorate the 29th Anniversary of South Africa’s democracy as well as 29 years of formal diplomatic relations between South Africa and Nigeria. In attendance were…

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Ebonyi Airport ready for test flights next week

Ebonyi Airport ready for test flights next week

The Ebonyi International Cargo Airport will commence its maiden test flight operations in the next few days. Site Manager of the project, Engr. Frank Ngwu said that the Airport was ready for continuous flight operations. Ngwu, who is Special Assistant to Governor David Umahi on Infrastructural Development noted that the airport has the largest terminal in the country. “We are ready for the test flight, as you can see, we are here at the runway,…

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NSIB seeks collaboration with NSCDC, plans MoU

NSIB seeks collaboration with NSCDC, plans MoU

The Nigerian Safety Investigation Bureau (NSIB) has entered into a partnership with the Nigeria Security and Civil Defence Corps (NSCDC) on how to further ensure safety in all modes of transportation across the country. The two bodies have also agreed to draft a Memorandum of Understanding (MoU) on how their partnership could be concretised and ensure mutual benefits for all. According to a statement released by General Manager, Public Affairs, Mr. Tunji Oketunbi, the Bureau…

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N’Assembly directs Sirika to halt agencies’ office demolition, charges workers to end strike

N’Assembly directs Sirika to halt agencies’ office demolition, charges workers to end strike

Industrial action frequency worries lawmakers   The National Assembly joint committees on Aviation headed by Senator Christine Olujumi and Nnolim Nnaji have directed the Minister of Aviation Hadi Sirika to halt the planned demolition of the offices of the aviation agencies in Lagos. The directive followed the two-day warning strike embarked on by aviation workers’ unions which crippled flight operations across the country on Monday and Tuesday. In a letter jointly signed by the clerks…

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