Aviation: ‘Domestic airlines pay 40% of ticket revenue as tax’

domestic government airlines

‘Domestic airlines pay 40% of ticket revenue as tax’ The Airline Operators of Nigeria has said the domestic carriers in the country are being stifled by the manipulation, feasting and pushing of their finances through multiple taxes, charges and levies to the extent that the airlines are now groaning under the pressure and some are going bankrupt. The Chairman, AON, […]

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Aviation: Airline Association explains why Lloyds Insurers wants to blacklist Nigeria

Specialist insurance market, Lloyd’s of London, has issued a warning to Nigerian airline operators that it may be forced to blacklist or downgrade them over their continued failure to fulfill their obligations of paying premiums regularly. This was made known by Lloyd’s representatives who visited Nigeria recently. According to the representatives, the Nigerian market is a high-risk market, the volume […]

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Aviation: Depleting Passenger Traffic in Nigeria

As air passenger traffic continues to nosedive due to high fares and schedule hiccups occasioned by aviation fuel scarcity, Chinedu Eze warns that the development constitutes a major setback to Nigeria’s air transport sector and the economy as a whole. Nigerians are in a quagmire over limited choices of the right means of transport. The country has networks of roads […]

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African Aviation: Forex crisis is crushing Nigerian Airlines as they abandon Aircraft sent for maintenance

By Chinedu Eze According to Thisday investigations some Nigerian airlines are unable to bring back their aircraft taken abroad for routine maintenance due to their inability to pay outrageous maintenance bills, which have tripled because of the low value of Naira. It learnt that some aircraft have been in different maintenance facilities in Europe, South Africa, Middle East and the […]

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African Aviation: West African Hub in Nigeria can generate14% GDP says Airlines Chiefs

Nigerian aviation industry can contribute 14 percent to the nation’s gross domestic product (GDP) and create 100,000 direct and 100,000 indirect jobs between now and 2019 instead of the 0.4 percent contribution it is making currently, if the government makes Nigeria aviation hub in West Africa. Also, for the industry to make a leap, the Federal Government must quickly unveil […]

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