Latest Aviation News

Aviation can boost Nigeria's GDP with favourable policies -- Experts

Aviation experts said on Tuesday that the industry was capable of boosting Nigeria's Gross Domestic Product (GDP), if the government could formulate favourable policies.
In separate interviews with the News Agency of Nigeria (NAN) in Lagos, the experts who reviewed the performance of the sector ahead of the country's 55th Independence anniversary on Oct. 1, said that the aviation industry had not made much progress.
They attributed the situation to undue interference in the activities of the regulatory agency and lopsided air services agreements.

Key players caution govt against owning national carrier

Key players across the aviation sector have unanimously agreed that the Federal Government should not own, but help midwife a national carrier for the Nigerian air travellers.

Int’l Air Passenger Traffic Declined by 27.93% in Q2

Total international air passenger traffic dropped by 27.93 per cent or as much as 406,369 passengers in the second quarter of the year (Q2 2015) compared to the preceding quarter, according to the National Bureau of Statistics (NBS).

It said a total of 1,048,598 passengers were involved in international air travel in the quarter under review.

NCAA Set to Register Aviation Fuel Marketers

The Nigerian Civil Aviation Authority (NCAA) has announced plans to  commence full registration of all the aviation fuel marketers in order to profile, identify and monitor the activities of each company to ensure quality that the quality of jet A1 supplied to airlines is not compromised.

A statement from the agency said the Director General of the authority, Captain Muhtar Usman, had signed all the modalities and prerequisite in readiness for the exercise.

Arik Air to divest ownership, goes public May 2016

Arik Air's management said on Wednesday that it would go public by May 2016, in order to free the airline of a single ownership structure.
Johnson Arumemi-Ikhide, chairman of the airline, who disclosed this at a breakfast meeting with the topic: Ownership, funding and sustainability of Nigeria airlines,’ organised by Aviation Round Table, a non-governmental organisation, in Lagos, said the airline had invested a lot in Nigeria and its management was proud of the company.

National carrier: Civil servants out to relish their pockets -stakeholders

Some aviation stakeholders on Wednesday alleged that the pressure mounted on the Presidency to re-establish another national carrier was borne out of selfish interest rather than national interest.
They say the first national carrier, the Nigeria Airways Limited (NAL), failed because government officials, especially, from the Ministry of Aviation, ran the airline aground out of selfish interest.

Arik Air rated 3-star by Skytrax

Arik Air has received a 3-star ratings alongside 119 other airlines in the world emerging as the only rated Nigerian airline.

Multiple Levies At The Aviation Industry

Airline operators in the country have been lamenting over charges they consider unfriendly to not only their business interests but also the industry’s development. Aviation is a vital sector for general economic growth and development. A transportation system that is low in performance is to say the least a poster exhibit for a failed economy or an ailing one. Either way, the message that goes out to investors, or would-be investors, is a grim one. This observation covers the entire transportation industry which has been anything but effective.


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