Delta airline suspends New York to Lagos flights over low demand

Delta airline suspends New York to Lagos flights over low demand

Effective October 4, 2022, Delta Air Lines will suspend its flights between New York JFK airport and Lagos. The airline disclosed this via a statement, stating that the route suspension was to fit into “the current demand environment.” The statement read, “Delta is suspending its nonstop service between New York-JFK and Lagos to fit the current demand environment. “The airline continues to operate service between Lagos and Atlanta and offers onward connections to New York…

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Trapped funds: Follow Nigeria’s example, IATA tells Ethiopia, Algeria, others, lauds FG

Trapped funds: Follow Nigeria’s example, IATA tells Ethiopia, Algeria, others, lauds FG

Wants $200 million balance trapped funds   The International Air Transport Association (IATA), the clearing house for over 200 international airlines said it would continue to engage the Nigerian government with a view to expediting the release of the remaining amount so that airlines can afford to serve Nigeria and other African countries where their funds are trapped. Nigeria is among countries in Africa that are keeping airlines’ funds. Other countries keeping airlines’ funds are…

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Reps ask foreign carriers to jettison planned sale of tickets in dollars

Reps ask foreign carriers to jettison planned sale of tickets in dollars

Emirates rescinds decision leave Nigeria Sept 1, reinstates flights Cuts frequencies to four from 14   The House of Representatives Committee on Aviation has asked foreign airlines wishing to sell tickets in the United States dollars because of the difficulty they encountered in repatriating the proceeds of their ticket sales to discontinue the idea. It said doing so would put enormous pressure on intending travelers and make it extremely difficult for people to travel. This…

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Kenya Airways reduces operating loss, maintains path to recovery, releases Half Year 2022 results

Kenya Airways reduces operating loss, maintains path to recovery, releases Half Year 2022 results

Kenyan national carrier, Kenta Airways Plc National carrier Kenya Airways PLC (KQ) has released its Half Year financial results for the six months ending June 2022 at a virtual investor briefing held this morning. The Group’s total revenue stood at Kshs 48,104 million, recording a 76% increase compared to the same period last year. This increase is mainly attributed to significant growth in passenger revenue which grew by 109%, and cargo revenue which increased by…

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Hope rises as Minister assures release of airlines $464 funds

Hope rises as Minister assures release of airlines $464 funds

There seems to be hope for foreign airlines that their over $464 million stuck funds would be released as the Minister of Information, Alhaji Lai Mohammed said the government was working on resolving the matter. Speaking at a tour of Lagos airport, the Minister said relevant authorities of the government have escalated action on the issue assuring that very soon the matter will be history. This is heart-warming for the carriers that had mounted pressure…

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IATA blasts Nigeria as trapped funds hit $464 million

IATA blasts Nigeria as trapped funds hit $464 million

The International Air Transport Association (IATA) has again blasted Nigeria for withholding international airlines funds which it said has hit $464 million. This is coming after Emirates Airlines announced the suspension of all Nigerian routes starting from September 1, 2022, as the carrier said it could not continue flights to Nigeria, lamenting its trapped $85 million. IATA’s Regional Vice-President for Africa and the Middle East, Kamil Alawahdi in a statement on Thursday expressed disappointment with…

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Foreign carriers fret over Naira devaluation, risk loss on over $450 million trapped funds

Foreign carriers fret over Naira devaluation, risk loss on over $450 million trapped funds

Emirates begins Nigeria route capacity cut today     Foreign airlines are said to be scared of their humongous funds trapped in the country and the reason they have clandestinely raised the value of air tickets by over 100 percent. Consequently, the carriers are worried over the devaluation of the country’s currency which they said hurt the carriers. A top official of an airline who pleaded anonymity told Aviation Metric that the devaluation of the…

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From obscurity to W’Africa accident investigation power house

From obscurity to W’Africa accident investigation power house

From obscurity to one of pride, not only for Nigeria but for the West African sub-region: That is the story of the Accident Investigation Bureau- Nigeria (AIB-N) as the Republic of Cameroon sought the support of the Bureau to help investigate an air accident that occurred in the sister African country. The accident, involving a Havilland DHC 400 Twin Otter aircraft, occurred on May 11, in Cameroon. The recent invitation by Cameroon’s Director of Civil…

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Aero goes into JV with UMZA Air, acquires aircraft, repositions

Aero goes into JV with UMZA Air, acquires aircraft, repositions

Aero Contractors, Nigeria’s oldest aviation company has taken delivery of the first set of two Dash-8 (Q-400) aircraft this afternoon at the Nnamdi Azikwe International Airport, Abuja.   The Nigerian registered aircraft owned by UMZA Air will be operated by Aero Contractors under a joint venture agreement between both parties. The Dash 8 aircraft is one of the most fuel-efficient and modern aircraft in the market and has a capacity of 74 seats. The second…

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Trapped funds: SAA issues fresh modalities for tickets sale in dollars

Trapped funds: SAA issues fresh modalities for tickets sale in dollars

The withholding of foreign airlines’ over $450 million funds by the Central Bank of Nigeria (CBN) is seriously affecting the carriers as South African Airways (SAA) is adjusting its tickets from Naira to Dollar with the ease of allowing its funds to remain in her country rather than go through the process of the difficulty in repatriating its funds from Nigeria. Consequently, the carrier in a statement to its trade partners said from Wednesday, August…

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