Tag: aviation finance
Excess ₦150 Billion in 90 Days: Jet Fuel Distortion Bleeds Nigerian...
In just three months, Nigerian airlines have paid over ₦150 Billion in excess for jet fuel, creating one of the most severe cost shocks...
Digital Transformation Drives Strong Revenue Optimisation in Aviation Sector
Digital Transformation Accelerates Revenue Optimisation in Aviation
Digital transformation has emerged as a key driver of revenue optimisation in Nigeria’s aviation sector. This came to...
Africa’s Airport Financing Model Strained by Funding, Planning Gaps
Managing Director, Federal Airports Authority of Nigeria (FAAN), Olubunmi Kuku, says that the current financing model for African airports remains constrained by sovereign risk...
Unsettled Debts Owed to NAMA Exceed ₦9bn, Pressuring Operations
Nigeria’s air navigation agency is facing mounting financial strain, with unsettled debts, representing liabilities owed to the agency, estimated at over ₦9 billion when...
Air Peace $41m Losses Expose Stereotypes and Unfair Aviation Dealings Against...
Nigeria’s aviation industry is facing a defining credibility test. However, the scale of Air Peace losses, now exceeding $41 million, has shifted the conversation...
UNA Advances Global Expansion with Admission to IATA Clearing House
United Nigeria Airlines (UNA) has secured admission into the International Air Transport Association Clearing House (ICH). The milestone positions UNA within the global aviation financial...
Nigeria Hosts Global Summit to Tackle Aircraft Acquisition Challenges for Airlines
The Aircraft Acquisition challenge confronting Nigerian airlines will take centre stage as the Federal Ministry of Aviation and Aerospace Development prepares to host a...
Nigeria advances global lessor, Afreximbank talks on aircraft financing
Nigeria has sustained its push for improved access to aircraft financing, renewing engagements with global aircraft lessors and development finance institutions, including Afreximbank, as...
Bernard Leads Strong New Era for CASS Nigeria Council
Bankole Bernard, the Group Managing Director of Finchglow Holdings, has been appointed Chairman of the Cargo Accounts Settlement Systems, CASS Nigeria Local Consultative Council....
₦31.7bn, 82% Surge: SAHCO’s Bold Call for Handling Companies
Skyway Aviation Handling Company (SAHCO) Plc has reported strong results that underscore the challenges facing handling companies amid rising operational pressures in Nigeria. The...
