Airlines’ IT Spend Increases YoY to $10.8bln in 2023 – SITA by Peter Oluka February 12, 2024 1 Travel SITA’s 2023 Air Transport IT Insights report, published recently, finds that both airports and airlines saw IT spend increase year ... Read more
Aviation Fuel Hits N1300/litre, Airlines May Increase Fares by Techeconomy February 10, 2024 0 Travel Airlines in Nigeria have hinted that they may be forced to review fares upward as the aviation fuel surged to ... Read more
Foreign Airlines Still Have $600m Trapped in Banks – Minister by Techeconomy February 4, 2024 0 Travel Festus Keyamo, the minister of Aviation and Aerospace, has stated that foreign airlines have about a $600 million backlog still ... Read more
FX: We’ve Cleared Airlines’ $61.64million Backlog – CBN by Techeconomy January 8, 2024 0 Finance The Central Bank of Nigeria (CBN) has claimed it has disbursed approximately $61.64 million to foreign airlines through various banks. ... Read more
SAHCO Secures Ground Handling Services with Uganda Airlines, Ibom Air by Techeconomy October 21, 2023 0 Travel The Skyway Aviation Handling Company (SAHCO) PLC., has won the contract of providing Passenger, Baggage and Ramp Handling services to ... Read more
FX: Tinubu Directs CBN to Meet Foreign Airlines over $600m Trapped Funds by Techeconomy September 14, 2023 2 Travel “Government welcomes major players in aircraft leasing and head lessors to invest in Nigeria airlines to provide state of the ... Read more
Ibom Air Experiences Remarkable Growth Over 4-Year Period by Justice Godfrey Okamgba June 8, 2023 0 Travel Ibom Air, an airline owned by Akwa Ibom State, has achieved remarkable success in surpassing its targets set for the ... Read more
United Nigeria Airlines Aircraft Skids off Runway at Lagos Airport by Justice Godfrey Okamgba May 31, 2023 1 Travel On Wednesday, an aircraft belonging to United Nigeria Airlines skidded off runway 18L at the Murtala Muhammed Airport terminal two ... Read more
Foreign Airlines Generate $1.1b in Nigeria Amidst Trapped Funds by Justice Godfrey Okamgba May 24, 2023 0 Travel According to a report, foreign airlines operating in Nigeria generated approximately $1.1 billion in revenue in 2022, despite facing foreign ... Read more
Foreign Airlines’ Trapped Funds in Nigeria now $743m by Justice Godfrey Okamgba March 14, 2023 0 Travel The amount of revenue blocked by the Nigerian government from repatriation by foreign airlines has increased to $743 million, up ... Read more
[BREAKING] Emirates Airlines to Resume Flight Operations September 11 by Justice Godfrey Okamgba August 31, 2022 0 Travel Inbound flights from Dubai to Lagos (EK783) and outbound flights from Lagos to Dubai (EK784) will recommence from Sunday 11th ... Read more
Blocked Funds: CBN Releases $265m to Airline Operators by Yinka Okeowo August 26, 2022 0 Finance Nwanisobi retiterated that the Bank was not against any company repatriating its funds from the country Read more