Airlines Archives - Page 3 of 7

Airlines: How 4% FOB suspension will promote sustainable growth, laud Tinubu, Minister

Posted on September 16, 2025 by Wole Shadare

Airline operators under the aegis of Airline Operators of Nigeria (AON) said President Bola Tinubu’s suspension of 4 per cent Free on Board (FOB) levy on Imports is a clear demonstration of his commitment to creating a business-friendly environment, protecting critical sectors of the economy, and promoting sustainable growth. AON particularly lauded the Minister of Finance, Mr. Wale Edun, for his exemplary leadership as a listening Minister who has shown deep patriotism and responsiveness by heeding…

Airlines fear new tax law may paralyse businesses, raise ticket fares, reduce passenger traffic

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

Reform may have devastating effects on aviation sector-Boyo Tinubu already signed treaty against tax on aviation-IATA New Tax policy to enhance ease of doing business-FIRS There is a consensus among airline operators and aviation allied companies that the new tax reform of the Federal Government is capable of doing incalculable damage to the aviation ecosystem. Nigeria’s new tax law, enacted through the…

NCAA summons airlines over recurring passenger complaints, others

Posted on September 9, 2025 by Wole Shadare

Piqued by the growing number of complaints by passengers, the Nigeria Civil Aviation Authority (NCAA) may wield the big stick. This is coming as the aviation regulatory body has called domestic airlines to an emergency meeting over the growing number of flight delays, cancellations and affecting passengers across the country. The meeting, scheduled for Wednesday at the NCAA headquarters in Abuja, was confirmed by the agency’s Director of Public Affairs and Consumer Protection, Michael Achimugu, via…

NCAA directs airlines to amend security programmes, airplane mode no longer permitted

Posted on August 19, 2025August 19, 2025 by Wole Shadare

The Nigeria Civil Aviation Authority (NCAA) said all mobile phones must be completely switched off during flight take-off and landing. In an X post on Tuesday, Michael Achimugu, the NCAA’s director of public affairs and consumer protection, said the regulation concerning phones and other electronic devices in Nigeria has now been unified. The development comes after the agency’s emergency meeting with stakeholders on Tuesday. “All phones must be switched off during the critical aspects of…

Access to single-digit interest rate, key to airlines’ survival-Onyema

Posted on August 18, 2025 by Wole Shadare

Chairman of Air Peace, Mr. Allen Onyema, has stated that the survival of the country’s carriers is tied to access to single-digit interest loans, stressing that “no airline will fail in the country if given such funding support. He called for a complete overhaul of aviation financing in Nigeria, warning that the current system, where airlines borrow at interest rates as high as 35% is “a death sentence” for the industry. Speaking at the 29th…

Aircraft scarcity, Nigerian airlines’ biggest challenge-Okonkwo

Posted on June 16, 2025 by Wole Shadare

· Unfulfilled orders for new aircraft hit 17,000 planes- IATA · Fleet depletion worsens carriers’ operations The chairman of United Nigeria Airlines, Prof. Obiora Okonkwo said scarcity of aircraft is the biggest problem Nigerian carriers face. He noted that the scarcity of aircraft was made possible by a backlog of aircraft that were supposed to have been delivered by the major aircraft makers, Boeing and Airbus but which were delayed as a result of Covid. The…

Airlines reel under persistent supply chain challenge

Posted on June 9, 2025 by Wole Shadare

The Chief Executive Officer of United States mega carrier, United Airlines, Scott Kirby lamented the incalculable damage the supply chain challenge has done to the entire aviation industry, stressing that he doesn’t know of any industry that has had as big a supply chain challenge as aviation coming out of the pandemic He further stated that many workers retired, noting that it will still take a while for the entire aviation supply chain to recover fully….

Mozambique tops $1.3 billion in airlines blocked funds by governments, Nigeria maintains clean bill

Posted on June 1, 2025June 2, 2025 by Wole Shadare

Trapped funds violate BASA, raise rate risks, says IATA The International Air Transport Association (IATA) reported that $1.3 billion in airline fund is blocked from repatriation by governments at the end of April 2025. This is a significant amount, although it is an improvement of 25% compared with the $1.7 billion reported for October 2024. For two years, Nigeria has maintained a clean bill as the country is not among the nations owing foreign carriers….

‘Aircraft on Ground’ increases airlines’ woes, passengers’ frustration at airports

Posted on May 13, 2025 by Wole Shadare

Operators abandon plane repairs over astronomical costs NCAA asks carriers to shrink schedules to cope with plane shortage Expert seeks special Forex window for operators The high number of unserviceable aircraft lying waste on the apron of many airports across the country highlights the precarious state of airlines in the country. Many carriers are reeling from the pain of not getting their aircraft back in the sky. The implication of many airplane on ground…

Analysts: Regular performance update I’ll improve airlines’ performance

Posted on April 7, 2025 by Wole Shadare

‘Why Nigerian carriers may not attract int’l interline partnership’ Despite the furore that greeted the executive summary of flight operations in Nigeria in 2024 released last week by the Nigeria Civil Aviation Authority (NCAA) that highlighted airlines’ huge flight delays, cancellations and gross poor service, analysts are of the view that regular update of such traffic data and reports would help to make airlines improve their services. This is coming as the Chief Executive…

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