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Grumbling over $54m domestic airlines trapped fund

Amidst the clamour by foreign airlines to repatriate their trapped funds, amounting to $800m, no fewer than four domestic airlines have over $54m (N43.4bn) trapped with the Central Bank of Nigeria (CBN), Daily Trust can report. The money comprises foreign exchange forward paid to the CBN as well as payment for participating airlines in…

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Nigerian airlines race to meet 6 aircraft requirement

Nigerian domestic airlines are in a race to meet the January 2025 deadline set by the Nigerian Civil Aviation Authority (NCAA) to raise their minimum aircraft to six, Daily Trust can report. Amidst the opposition trailing the move by the NCAA which has been inculcated in the recently amended Nigerian Civil Aviation Regulations (NigCAR), the…

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How Ethiopian Airlines control high stakes in many African airlines

Except for the “botched” transactions, Nigeria Air would have been a subsidiary of Ethiopian Airlines, the largest airline in Africa which has started a journey of expanding air connectivity in Africa through partnership and collaboration to set up new airlines on the continent. In advancing its slogan as, “The New Spirit of Africa”, the airline…

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Int l travels: Airfares hit rooftop in Nigeria as Ghanaians, Beninese, others pay less

Int l travels: Airfares hit rooftop in Nigeria as Ghanaians, Beninese, others pay less
dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.

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Nigeria: Despite Guidelines, Nigerian Airlines Not Paying Compensation for Delays

Nigeria: Despite Guidelines, Nigerian Airlines Not Paying Compensation for Delays
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

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