‘Multiple taxes, low load factor to deny Nigeria, African carriers $200m in 2020’
Latest Global Aviation Outlook Report published Monday by the International Air Transport Association (IATA), has pointed out two key factors that will deny African airlines sizable chunk of projected global net profit of $29.3 billion in 2020. IATA, the clearing…
Why Emirates, S’Africa displaced Nigeria in juicy 10 profitable African routes
Fresh report published by OAG, an international analysis company, has revealed that the Emirates and South African routes dominated Africa in continental air travel space in the last one year. The strategic take away from the report is the fact…
‘SAATM’ll only enrich S’Africa, Kenya cripple private sector-driven airlines’
Contrary to the general view that the open skies policy of the African Union (AU) as powered by the Single African Air Transport Market (SAATM) will deepen the operations of Nigerian domestic airlines and further provide opportunities for other service…
IATA charges Nigeria, other African nations to renew aviation infrastructure
Global aviation watchdog, the International Air Transport Association (IATA), has advised African nations and Nigeria in particular to up the game of their aviation infrastructure renewal to partake in the multibillion dollar aviation traffic pull coming to Africa. The group…
Suppression of Nigerian carriers on West Coast route big blow to SAATM—Onyema
The Managing Director of Air Peace airlines, Allen Onyema has lamented the loss of over N1billion in the last six months over alleged politics of protectionism on the African continent, an act contrary to the provisions of Single African Air…
FG engages West, Central Africa to review airport charges on Nigerian airlines
Strong indications emerged weekend that the federal government has started series of meetings with some countries in West and Central Africa to review airport charges on Nigerian airlines. Before now, several Nigerian airlines operating West Coast destinations had been complaining…
Overland joins Air Peace in West African aviation market, regional routes
Barely one week after Air Peace flagged off its continental and regional air services in Abuja, Overland Airways has commenced flights to Cotonou, Republic of Benin and Lome, Togo. The recent explorations by Nigerian airlines are coming as part of…
AfDB, Afreximbank agree to raise $20bn for establishment of MRO in Nigeria
Nigeria may after all regain its pride in sub-Saharan aviation hub from Ghana following fresh deal between African Development Bank (AfDB) and African Export, Import Bank (Afreximbank) to raise capital base of about $20 billion for the actualisation of federal…
SAATM implementation’ll grow Nigeria’s aviation industry with speed
Following the recent establishment and inauguration of the Single African Air Transport Market (SAATM) in Addis Ababa, Ethiopia, weekend at the ongoing African Union Summit, analysts are beginning to make projections that more Nigerians will begin to move by air…
