Economic Recession: Ethiopian Airlines restates it’s belief in Nigeria

By Friday Nwosu Despite the forex crisis bedevilling Nigeria’s aviation industry and the current economic challenge facing the country, Ethiopian Airlines, the largest and the leading Pan-African airline has informed its esteemed passengers that it will continue its schedule operations to Africa’s most populous country. Already carriers like United Airlines, Iberia Airlines have since pulled out of the country while […]

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Aviation: Nigerians Love to Travel Whether Winter, Summer or Spring’

The British Airways Regional Commercial Manager, West Africa, Mr Kola Olayinka, in this interview with Omolola Itayemi examines choosing unexpected travel destinations for winter holidays and the preference for United Kingdom. You have been the country manager at British Airways for 6 years, so you are quite familiar with local travel habits and patterns. To which countries do you think […]

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The Black Knight of Africa: How Robert Gumede is Expanding His Legacy Across the Continent

Robert Gumede is one of Africa’s most accomplished business leaders and investors. The 55 year-old South African entrepreneur is the founder of the Guma Group, a leading black-owned investment company with businesses spanning Information Technology, mining, tourism, infrastructure development, hospitality and energy in several African countries. Gumede is most popular for founding Gijima Group, an ICT company that provides application […]

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African: Foreign Airlines Accused of Using Forex Scarcity to Rip off Nigerians, FG

tickets

By Chinedu Eze Foreign airlines operating in Nigeria have been accused of devising a means of ripping off Nigerians and the federal government by taking advantage of the shortage of dollars in the foreign exchange market, and the gap between the official exchange rate and the parallel market rate, THISDAY investigations have revealed. According to sources in the industry and […]

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African: UBA , Jimoh Ibrahim disagree over Alleged diversion of aviation funds

There was a mild drama at the ongoing investigation of alleged diversion of N500 billion intervention funds for aviation and power sectors in the Senate Wednesday. Chairman of NICON Group of Companies, Mr. Jimoh Ibrahim, flatly denied allegation of diversion of N35 billion out of the N500 billion said to have been released by the Central Bank of Nigeria (CBN) […]

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African Aviation: Foreign Airlines Lose Nigeria’s High Yield Market to Economic Downturn

According to THISDAY, investigations have revealed that foreign airlines lose about $200 million monthly to the present economic crunch in Nigeria, which has forced potential travellers to defer their trips due to lack of disposable income. Also, there is reduction in passenger traffic as cash squeeze has impacted negatively on the purchasing power of the citizens, forcing million to spend […]

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Aviation in Africa: Has The forex crisis driven United Airlines out of Nigeria?

airlines united

… as British Airways re-evaluate Nigerian route United Airlines, one of the US carriers flying to Nigeria has hinted its customers in the country that it will soon cease flight operations to the country from the 30th of June 2016. The airlines said the last flight from Houston to Lagos will operate on June 29th, 2016 and Lagos to Houston […]

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African Aviation: Foreign Airlines Accused of Using Forex Scarcity to Rip off Nigerians, FG

By Chinedu Eze Foreign airlines operating in Nigeria have been accused of devising a means of ripping off Nigerians and the federal government by taking advantage of the shortage of dollars in the foreign exchange market, and the gap between the official exchange rate and the parallel market rate, THISDAY investigations have revealed. According to sources in the industry and […]

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Etihad Airways appoints new General Manager in Nigeria

Etihad Airways, the national airline of the UAE, has appointed George Mawadri as its new General Manager in Nigeria, where he will be responsible for growing Etihad Airways’ relationships with its travel trade and corporate customers while furthering the development of the airline’s commercial strategy in Nigeria. George brings a vast amount of airline experience and knowledge to the position […]

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International Airlines Operators in Nigeria Earn N302bn from Ticket Sales

Airlines that operate international destinations from Nigeria made over N302 billion ($15 billion) from ticket sales in 2015. The airlines included European mega carriers, US carriers, African and indigenous operators. Among the major carriers emirates earned the highest money of N50 billion, followed by British Airways with ticket sales of N48 billion during the period. Also, Air France sold tickets […]

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