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THE Central Bank of Nigeria (CBN) has auctioned $418 million at a marginal rate of N310 to a dollar, to airlines, agriculture, petroleum and raw materials sub sectors. This is just as the apex bank has said that it would sustain forex supply.

MINISTER of State (Aviation), Hadi Sirika has explained that the vibrations experienced at the Murtala Muhammed International Airport (MMIA) was not in any way a structural issue at the foremost airport but as a result of the unlatched doors where the coolers which have just been put into use are housed. Minister who flew in from Abuja  to inspect the …

Accuses domestic airlines of conspiracy AIR Transport Services Senior Staff Association of Nigeria (ATSSSAN) has accused domestic airlines of colluding to cheat the Nigeria Civil Aviation Authority (NCAA) on the remittance of the 5% Ticket Sales Charge(TSC) and Cargo Sales Charge (CSC) stating that airlines fraudulently calculate the charge with base fare alone exempting Fuel surcharge (YQ). President of ATSSSAN, …

MANAGING Director, Federal Airport Authority of Nigeria (FAAN), Mr Saleh Dunoma has declared to Vice President, Prof. Yemi Osibanjo that  the ongoing rehabilitation of the Nnamdi Azikiwe International Airport, Abuja, runway was 80 per cent completed. Dunoma made this declaration as he conducted the Vice President on an inspection of the project on Friday where he also mentioned that  the …

NIGERIAN FLIGHT DECK  has unearthed a copy of the debt profile of airlines showing that total debt of airlines operating in the country stands at N14,731,838,064.59 approximately N15 billion for the month of December 2016 alone. The thirteen airlines, according to the documents shows that most of the airlines are operating while others are currently not in  operation but have …

THE aviation sub-sector in the past week has been rife with reports on automation of remittance of  the five per cent Ticket sales Charge (TSC) and Cargo Sales Charge (CSC) which has caused an imbroglio between the airline operators of Nigeria and the regulatory agency, the Nigeria Civil Aviation Agency (NCAA). This standoff has seen the revelation of a staggering …