Tag: Nigerian Airlines and Covid-19
Airlines in dire straits as CBN dollar restriction policy impacts operations...
THERE is looming danger in Nigerian airspace as airlines are groaning under a Central Bank of Nigeria (CBN) dollar restriction policy that is making...
Air Peace says palliatives should tackle job retention, funds for insurance,...
WITH the impending announcement of a bailout package for the aviation sector this week, Chairman of Air Peace Chief Allen Onyema has reiterated his...
COVID-19 lock-down violations: NCAA enforces ban on private jets from charter...
SEQUEL to some abuses that transpired during the lockdown, the Nigeria Civil Aviation Authority (NCAA) has banned the age long use of private jets...
Communiqué for LAAC Webinar: ‘Nigeria’s Aviation Industry: Changing Times, Changing Strategies.’
AT the end of the League of Airport and Aviation Correspondents (LAAC) Webinar Held on Thursday, June 18, 2020 many resolutions were reached in...
Flight resumption: Air Peace flies all 25 aircraft around Nigeria to...
AIR Peace yesterday traversed the Nigerian airspace with several of its fleets of aircraft in shakedown flights as the airline’s mixed fleet of 25...
Aviation restart: Stakeholders discuss middle seat removal, airline air worthiness, economics
AS the industry set for restart, stakeholders have said the campaign to remove middle seats is uneconomical to airlines, would make passengers pay way...
Updated: Interstate movement ban: FG suspends Executive Jet Services for flouting...
FEDERAL Government today announced the suspension of a private jet charter and aircraft maintenance firm, Executive Jet Services, for flying celebrity musician, Azeez Fashola...
COVID-19: Akwa Ibom SG disburses palliatives to cushion Ibom Air’s N4bn...
THE Akwa Ibom state government has approved and disbursed palliatives to the owned airline, Ibom Air occasioned by a revenue loss in the region...
COVID-19 intervention: Ojikutu asks FG to probe aviation industry figures for...
“Private aircraft operators are also reporting loss of $5bn or N2trn in 3 months!! Again, how much would they be expected to make in 12 months or how much did they make in 2018 or 2019 and how much did the NCAA get from them as 5% on the chartered flights changes?â€
Flight resumption: Airlines can not break even on 40% load factor,...
On board social distancing will be quite challenging except aircraft will be configured to all first class seats for economic operations. No airline can ever break even with less than 40 % load factor at the extremely low fares prevalent in the market where passengers pay less than $100 per hour on jet engines.This was the levels 30 years ago precisely 1990. Lagos Abuja N2, 200.Exchange rate N 22/$. The dichotomy is can the passengers afford higher levels of tariff?â€
