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₦3.5bn Losses Reveal Urgent Need for Aviation Sector Financing Reform

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BY ANTHONY OMOH A whopping ₦3.5 billion in lost revenue and continued traffic decline have exposed deep cracks in aviation sector financing in Nigeria. This...

Ibom Air Targets Africa Through Uyo Hub Terminal Expansion

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“When an aircraft sits idle as a backup, you are still paying for insurance, lease, and other overheads,” he said. Currently, Ibom Air operates...

Fixing Dry-Lease Aircraft Acquisition Challenges in Nigeria

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Domestic insurers do not have the financial muscle to cover multi-million-dollar dry lease risks. International lessors often insist on offshore coverage, creating tension with...

ValueJet Launches Direct Lagos-Jos Flights 

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This partnership ensures passengers avoid the risks of road travel, including insecurity and long hours.   Come April 2, 2025, ValueJet will commence Lagos-Jos direct...

Aviation Minister Inks Landmark Air Services Agreement with Canadian Authorities

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The landmark codeshare aviation agreement is a game-changer. It unlocks new opportunities for travelers and boosts economic collaboration. It also solidifies the longstanding relationship...

Brain Drain Hurts Nigerian Aviation, Says NSIB DG Badeh

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About 80% of the people I started flying with here in Nigeria have left the country BY ANTHONY OMOH The brain drain in aviation is affecting...

Aviation Minister to Sign MoU, Boosting Boeing-Nigerian Airlines Partnership

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Minister of Aviation, Festus Keyamo, SAN, will sign a Memorandum of Understanding (MoU) and a Working Together Agreement (WTA) with Boeing, strengthening the partnership...

How force-legislating airline businesses in Nigeria has fared- Nwuba

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Experts differ over six aircraft entry rule Various attempts at force legislating airline businesses in Nigeria have fallen short over the years, according to...

Nigerian airlines operate 1080hrs less than industry standard annually, poses threat...

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Globally, single-aisle aircraft average 9.1-9.7 block hours daily, 275-292 monthly, and 3,300-3,500 annually. In Nigeria, airlines manage only 5.5-6.6 block hours daily, 165-199 monthly,...

Nigerian airlines jack fares up as average economy ticket sells over...

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DOMESTIC airlines in Nigeria have jacked up air fares over an100% as prices of economy class tickets now range from ₦50,000 and above stressing...
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