Tension, uncertainty as NCAA, operators, oil marketers meet today over jet A1 scarcity, high cost

Tension, uncertainty as NCAA, operators, oil marketers meet today over jet A1 scarcity, high cost

Fuel hike, logistic issues cripple domestic schedules, trigger global airline  chaos Airlines’ losses exceed $3 billion in two months, mull fare hike The jet fuel crisis has reached a boiling point, leaving Nigerian aviation in a state of high-tension uncertainty. While the industry narrowly avoided a total nationwide shutdown on Monday, the scarcity bite is translating into widespread flight cancellations and a crippled domestic schedule. All eyes are on today, when airlines under the aegis…

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Airlines, marketers’ frustration mounts on local sourcing of Jet-A1

Airlines, marketers’ frustration mounts on local sourcing of Jet-A1

Locally sourced Jet fuel more expensive than imported fuel-CITA GMD Jet A1 market to grow through 2030-Ex-FAAN MD The Group Managing Director of CITA Energies, Dr Thomas Ogungbangbe, has echoed the frustration of aviation fuel marketers, stressing that despite the expectations, the reality experienced by aviation fuel marketers since Dangote’s refinery commission has been far more complex and constrained. According to him, dependence on imports continues as 40% of Jet-A1 is still, saying that although…

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