Concession

FAAN’s pension liability hits over N200 billion, may hamper concession

Posted on by Wole Shadare
FAAN’s pension liability hits over N200 billion, may hamper concession

Expert backs national carrier, says country’s aviation market eroded    The inability of the workers of the Federal Airports Authority of Nigeria (FAAN) to join the National Pension Commission (PENCOM) scheme in 2004 has pushed the pension liability of the agency to over N200 billion.  The National President of Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) and President of Joint Aviation Trade Union’s Forum (JATUF) Ilitrus Ahmadu who spoke to Aviation Metric on Thursday at…

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Keyamo: Concession not negotiable, passengers to get compensation for delay, cancellations Jan 2024

Posted on by Wole Shadare
Keyamo: Concession not negotiable, passengers to get compensation for delay, cancellations Jan 2024

Respite came on Tuesday for many passengers who had suffered huge losses and were frustrated as a result of flight delays and ccancellations as the Minister of Aviation, Festus Keyamo stated that regulators of the aviation sector would begin to compel airlines to compensate passengers for delayed or cancelled flights by January 2024. This is coming as the Minister said that the best way to tackle infrastructure decay at many of the country’s airports is…

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