Inspite of bad economy, Nigeria spend $4bn on Travels

Revenues from ticket sales by foreign airlines, salary emoluments from expatriate pilots and engineers, and cost of aircraft maintenance overseas have risen to over $4 billion annually, THISDAY checks have revealed. The National Association of Nigerian Travel Agencies (NANTA) disclosed that as much as $2.3 billion was generated by Nigerian travel agents in 2014 from ticket sales for foreign airlines […]

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BASA: Skewed against Nigeria

The Bilateral Air Services Agreement (BASA) between Nigeria and over 55 nations has been dubbed a case of pitting David against Goliath. WOLE SHADARE highlights the damage these treaties have done to the country’s economy. Preamble Each time the issue of BASA comes up, what comes to the minds of Nigeria is the lop-sidedness of the deal tilting against the […]

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Gulf, China Airlines set to take over aviation in Africa

chinese airbus aircraft

Africa is tipped to be one of aviation’s hot spots over the next 10-20 years. Growth rates are already strong, as increasing numbers of countries on the continent expand economically and develop a middle class. According to tourismobserverblogspot.com, commercial aviation in Africa is still constrained by a combination of poor infrastructure, restrictive visa regimes and protectionism. Which makes it difficult […]

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Nigerian Airports to Experience Traffic Upsurge

Nigeria’s Airport Authority has says a significant upsurge in passenger, cargo and aircraft traffic is expected in the country’s airports by the last quarter of this year, when most of the terminal and other related projects at these airports would have been completed and commissioned. According to the General Manager, Corporate Communications, of the airport authority, with improvements in terminal […]

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International Women’s Day: Lufthansa Flies All Female Crew From Five Destinations To NY

tourism

Five flights of the Lufthansa Group with 63 female and one male crew member will depart Frankfurt, Munich, Geneva, Vienna, and Brussels for New York. Lufthansa, According to the airline, the Swiss, and Brussels Airlines flights will have women-only crews, while on Austrian Airlines flight OS087, all but one crew member will be female. Although Austrian Airlines employs female captains, […]

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African Airlines to lose $100m On Airfares

airlines safety carriers

According to allafrica.com, African airlines are projected to make a loss of $100 million translating to a loss of $0,93 per passenger per seat on airfares that are expected to reduce by five percent this year. From a global perspective the aviation industry is expected to carry 3,8 billion passengers in 2016 and only 2,4 percent of that will go […]

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Qatar CEO: Airlines have been taking African passengers to the cleaners

By Selene Brophy Cape Town – Qatar Airways has inaugurated its newly launched Durban-Doha route, as part of an expansion of the airline’s operations and decade-long investment in South Africa. The new route will see a four-times-weekly flight between the two cities, with a total of 21 flights a week now connecting South Africa to Qatar Airways’ global network. The […]

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Zimbabwe to host African airlines Association meeting in November

Air Zimbabwe’s turnaround strategy is set to receive a major boost this year after the national airline won the right to host the 48th African Airlines Association (AFRAA) annual general assembly (AGA) in Victoria Falls later this year. The event, which will take place from November 20 to November 22, is expected to attract 400 high profile delegates from Africa, […]

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South Africa plans merger of national airlines

Mauritius

South Africa will explore merging two of its state-owned airlines, South African Airways (SAA) and SA Express, and seek a minority equity partner for the company, Finance Minister Pravin Gordhan said on Wednesday. Many of South Africa’s 300-odd state entities are a drain on the government’s purse and a team commissioned by President Jacob Zuma to review the companies recommended […]

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Respite as Foreign Airlines Resume Repatriation of Funds in Foreign Currency

By Chinedu Eze Foreign airlines that operate into Nigeria can sell tickets in Naira and repatriate in their own currencies following the lifting of ban stopping commercial banks from accepting cash deposits of foreign exchange from customers. The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, who announced the decision in Abuja on Monday, said the new directive took […]

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