Okonkwo: Multiple charges, airlines’ albatross 

Okonkwo: Multiple charges, airlines’ albatross 

  …says forex policy, Cape Town  conventions has imparted operations positivel Founder of United Nigeria Airlines, Professor Obiora Okonkwo on Wednesday said multiple charges by government agencies in the country’s aviation sector remains domestic operators’ nightmare and called on the federal government to urgently address the challenge. He however said the forex policy of President Bola Ahmed Tinubu has been of tremendous advantage to the airline industry and provided some relief adding also that the…

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‘Open Skies’ albatross for Nigerian carriers

‘Open Skies’ albatross for Nigerian carriers

  Despite a five-year head start, US carriers trump Nigerian carriers in the unrestricted capacity and frequency of service, writes, WOLE SHADARE Solidifying ‘Open Skies’ The US-Nigeria ‘Open Skies’, agreement which has been provisionally applied since 2000 entered into force on May 13, 2024. The agreement includes provisions that allow for unrestricted capacity and frequency of services, open route rights, a liberal charter regime, and open code-sharing opportunities between the two countries.   “This bilateral agreement establishes…

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Poor aircraft utilisation, airlines’ albatross

Poor aircraft utilisation, airlines’ albatross

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…

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