Aviation: Nigerian Airlines Recorded Huge Losses to Aviation Fuel, FX Scarcity in 2016- Arumemi-Ikhide

Nigerian Airlines Recorded Huge Losses to Aviation Fuel, FX Scarcity in 2016- Arumemi-Ikhide The Chairman of Arik Air, Joseph Arumemi-Ikhide spoke to ChineduEze on the challenges that hampered the operations of local airlines in 2016. Excerpts: Arik Air must have lost huge revenue when the unions stopped your operations for one day? We had held talks with labour and we […]

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IATA: Nigeria Aviation taxes are too high as $575m Airlines funds trapped

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The International Air Transport Association said that funds belonging to foreign airlines, which had been trapped in the country due to the Federal Government’s policy on foreign exchange, stood at $575m (N113.28bn) as of March this year. The association also bemoaned the high taxes imposed on air travellers in Africa, with Nigeria identified as one of the countries where the […]

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