VAT removal: Antidote to reduced air fares?

VAT removal: Antidote to reduced air fares?

The removal of Value Added Tax (VAT) on air transport was a long awaited one. However, the starting point should be a reassessment of the many taxes imposed on operators in the country. WOLE SHADARE writes   Long awaited action One of the problems that had confronted Nigeria’s aviation industry for many decades was in a stroke of pronouncement became a thing of the past. The problem: VAT on air transport was removed by President Muhammadu Buhari…

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First A330-800 successfully completes maiden flight

First A330-800 successfully completes maiden flight

·         Dedicated flight-test aircraft to perform flight-physics tests for the A330-800 variant; ·         The newest, most efficient longest range entry level widebody ·         Development on track for A330-800 certification in 2019. #A330neoFF    The first A330-800 development aircraft to fly, MSN1888, has landed at Toulouse-Blagnac, France at 2:35pm local time after successfully completing its first flight which lasted four hours and four minutes. The aircraft, the second member of the A330neo Family, is powered by the latest technology…

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Foreign airlines won’t be affected by strike- Union

Foreign airlines won’t be affected by strike- Union

Ahead of planned strike today by organised Labour unions,  there are indications that foreign airlines operating into the country may not adversely be affected by the planned grounding of activities in Nigeria, following agitation for wage increase by the nation’s unions. This is as aviation unions said they empathised with the domestic operators and other business organisations in the industry that would be affected by the action, saying that as affiliated members of labour centres,…

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Police conduct ‘illegal’ helicopter charter

Police conduct ‘illegal’ helicopter charter

 NCAA to probe action  In what could be a violation of operational process, the Nigerian Civil Aviation Authority (NCAA) may query the decision of Nigeria Police to use one of its helicopters for charter flight operations.  According to NCAA’s regulations, helicopters in the fleet of the Nigeria Police Air Wing are not authorized to engage in “reward and hire”, which in aviation par lance is charter operations.  Sources close to scheduled operators say the involvement…

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NAHCO Leverages on Service and Process Improvements

NAHCO Leverages on Service and Process Improvements

……….Posts Impressive Q3 Results Riding on the back of an excellent half – year performance, the Nigerian Aviation Handling Company plc (nahco aviance) has once again posted impressive Q3 results. In the figures released to the Nigerian Stock Exchange (NSE), the Company recorded an impressive N7.25Billion turnover for the nine-month period which ended September 30, 2018. This is an increase of 25 percent over the same period in 2017. This outstanding performance saw the Company…

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Tourism firm, WAIT hosts Tourism Ministers, stakeholders summit in London

Tourism firm, WAIT hosts Tourism Ministers, stakeholders summit  in London

The 2018 edition of the annual West Africa Tourism Organisation Ariya event is set to hold on Monday 5th and Tuesday November  6th in London, with the theme – West Africa Integrated Travel (WAIT) – Boundaries unlocked. On Monday , the WAIT Forum will hold at the Middle East and Africa Inspiration Zone (AF190) during the World Travel Market (WTM) in the Excel London between 3.30 and 5. 30pm, while on Tuesday 6, the Ministers and Stakeholders…

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NCAA debunks Chanchangi AOC controversy

NCAA debunks Chanchangi AOC controversy

 The Nigerian Civil Aviation Authority (NCAA) has debunked report that it was enmeshed in controversy trailing the renewal of Air Operator Certificate (AOC) of the defunct Chanchangi Airlines. The airline stopped scheduled passenger operations close to a decade.  Spokesman for the NCAA, Sam Adurogboye in a statement stated that there is no controversy at all concerning the Air Operators Certificate (AOC) of CHANCHANGI Airways.  Adurogboye noted that at present and quite evidently, CHANCHANGI Airways is…

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‘Why we need additional 700 air traffic controllers’

‘Why we need additional 700 air traffic controllers’

The Nigerian Air Traffic Controllers Association (NATCA) says it needs additional 700 Air traffic  to boost their operations in the country’s airspace. Currently, NATCA has about 400 members manning various control towers across airports in the country. The National president of NATCA,  Victor Eyaru who disclosed this to journalist in Lagos on the preparation for the hosting of the 59th IFATCA Africa & Middle East Region meeting /Workshop in Abuja from 5th March to 9th…

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OLADAPO BECOMES NAHCO’S CHAIRMAN

OLADAPO BECOMES NAHCO’S CHAIRMAN

…. AS OLUWATOYIN IS APPOINTED NON-EXECUTIVE DIRECTOR The Nigerian Aviation Handling Company Plc (nahco aviance) has announced the appointment of Mr. Sehinde Fadeni Oladapo as its Chairman, Board of Directors. Oladapo takes over from Arc Usman Arabi Bello, who resigned from the position on Thursday, October 25, 2018. In a notice sent to the Nigerian Stock Exchange, (NSE), the Company stated that the appointment of Oladapo, who is the founder and Managing Director/Chief Executive Officer…

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Airbus reports Nine-Month 2018 financial result

Airbus reports Nine-Month  2018 financial result

Airbus SE (stock exchange symbol: AIR) reported Nine-Month (9m) 2018 consolidated financial results and provided updated full-year guidance.  The nine-month results mainly reflect the good performance on the A350 and the aircraft delivery profile. Even though we delivered more aircraft than a year earlier, we still have a lot to do to meet our commitments,” said Airbus Chief Executive Officer Tom Enders. “On the A400M, we are progressing with the military capabilities, deliveries and retrofit….

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