Airline Operators of Nigeria: Emirates, Other Foreign Airlines Can Repatriate ‘Trapped’ Funds without CBN
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Emirates Airlines last week announced that it would stop all scheduled operations to Nigeria from September 1 if no action was taken by government.
Nigerians pay three times more than other travellers for the same destinations amid a threat by international operators to suspend flights.
There are indications that Nigerian carriers may reduce their workforce as they struggle to sustain their operations in the face of high cost of aviation fuel, which is currently about
They say the closure has caused additional operational costs and flight disruptions.
Heathrow Airport is asking airlines to stop selling any more tickets for travel this summer.
The International Air Transport Association (IATA) has disclosed that airlines unremitted revenues from Nigeria (known as blocked funds) has risen to $450 million, representing 25 per cent of the total
Nigerian airlines have attributed flight delays and disruptions to their inability to source aviation fuel, known as Jet A1 on demand. In letters addressed to their passengers, some of the
The Airline Operators of Nigeria (AON) on Monday reached a truce with the leadership of Nigeria’s House of Representatives and other government agencies to cancel the plan of shutting down
Babatunde Irukera, Executive Vice Chairman and CEO, Federal Competition and Consumer Protection Commission, FCCPC, in an interview with ARISE News, speaks against the aviation sector’s collusion to constrain supply in
Some petroleum products marketers in Nigeria have warned that the pressure being mounted by local airline operators on the federal government to begin arbitrary control of the price of Aviation
Nigerian airlines umder the aegis of the Airline Operators of Nigeria (AON) have reversed a planned suspension of operations initially scheduled to start Monday, May 9. The airlines had on
Airline operators of Nigeria has planned suspension of local flights over increase in aviation fuel in the country. The suspension will begin on Monday May 9 but some airlines have
Following a threat by airline operators to shut down their operations on Monday, May 9, over the scarcity of aviation fuel, the federal government has appealed to operators to reconsider
The Airline Operators of Nigeria (AON) has served notice of ceasing operations on Monday, May 9, over the high cost of aviation fuel otherwise known as JetA1. In a statement
Many Nigerian airlines were shocked on Thursday when they were informed by oil marketers that aviation fuel had risen from N500 per litre to N680 per litre. Owing to this,
The Airline Operators of Nigeria (AON) has threatened to sue the federal government over its policy of allowing foreign airlines to access multiple airports in the country. The operators insisted
The Nigerian Civil Aviation Authority (NCAA) has said that it will sanction airlines against price fixing or any gang up by local and international carriers to fix price of flight
Airline Operators in Nigeria on Monday warned that they have only three days left to shut down operations over lingering scarcity of aviation fuel. In their presentation, Airline Operators of
On Wednesday, a major development occurred in the aviation industry as Nigerian airlines namely: Air Peace, Azman Air, United Nigeria Airline, Arik Air, Aero Contractors and Max Air announced an
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