Airlines Archives - Page 8 of 8

Apprehension as CBN begins airlines’ trapped fund disbursement

Posted on November 2, 2023 by Wole Shadare

Carriers yet to get trapped funds at I&E Window Foreign airlines heaved a sigh of relief following the decision of the Central Bank of Nigeria (CBN) to clear outstanding matured FX forwards in banks. Many of the foreign airlines said they were unaware of how much of the money owed them that the apex Bank would be releasing to the carriers just as many of the airlines had been contacted but yet to…

Poor aircraft utilisation, airlines’ albatross

Posted on October 17, 2023 by Wole Shadare

Nigerian airlines have about the lowest aircraft utilisation in the entire world. Having utilisation of about six hours in a 24-hour period while their counterparts in other countries have between 16 to 18 hours of aircraft operations show how difficult it would be for them to meet operating costs, Writes, WOLE SHADARE Eye opener A visit to the domestic wing of the Murtala Muhammed Airport, Lagos Saturday night revealed a stark reality about airline operations…

Govt’s support i’ll come when service standards are raised, Keyamo tells airlines

Posted on October 10, 2023 by Wole Shadare

Operators call for BASA, MASA renegotiation, seek license to import jet fuel Minister of Aviation and Aerospace Development, Festus Keyamo stated that the Federal Government was ready to partner and support airlines under their umbrella body, Airline Operators of Nigeria (AON). He however said the support would come once the operators are ready to raise the standard of their services. The Minister stated this when members of the Airline Operators of Nigeria led by Dr….

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