Latest Aviation News

Foreign airlines raise fares on naira’s depreciation


  • Forex dealers halt trading as dollar goes for N204.25

Shrinking prices of crude oil, which has debilitated the naira by about 40 per cent since June last year, has compelled airlines that ply international routes to adjust their fares by between 40 per cent and 100 per cent, New Telegraph has learnt.

NCAA Stops Airlines with Private Operator’s Certificate from Charter Service

In line with the directive given by the Minister of Aviation, Osita Chidoka, on Tuesday that airlines that embark on commercial charter service without the appropriate certificate would be closed down, the Nigerian Civil Aviation Authority (NCAA) on Thursday named the airlines that were given certificate to operate as private airlines; not commercial charter service.

Naira devaluation erodes gains in aviation, say experts

Despite the fact that oil marketers are yet to reduce the price of aviation fuel, otherwise known as JET A1, airline operators said that a drop in the price of the commodity would make no impact on their operations because of the devaluation of naira.

FG to raise airlines’ capital base to N2bn

The Federal Government may ask domestic airlines to recapitalise in view of the financial dire straits the operators have found themselves. Experts confirmed that the nation’s carriers are weak and lack the capacity to operate profitably, hence the need for them to become healthy is imperative through recapitalisation.

Perishable cargo export takes shape as mega carrier enters Nigerian market

The ongoing development of 14 cargo terminals for the export of perishable goods may have started to attract the attention of the international community as mega cargo carriers are beginning to show interest in the export of such goods.

Experts Flay Domestic Airlines For Poor Feasibility Studies

Stakeholders in the avia­tion sector have called on the Nigerian domestic airlines to carry out feasibility studies on managing airlines before venturing into the sector.
The comment is coming on the heels of the suspension of Discovery Air’s Air Operator’s Certificate (AOC) issued to it by the Nigerian Civil Aviation Authority (NCAA) over alleged safety beaches.
Speaking in an interview in Lagos, an Aircraft Maintenance Engineer, Patrick Adah, stated that some of the challenges domestic airlines are passing through are caused by the air­lines themselves.

Suspected stowaway arrested at Lagos airport

An incident of security breach occurred at a private general aviation terminal, Execujet, on Sunday, when a male teenager Samuel Ogungbeyi suspected to be a stowaway was arrested in the tyre compartment of an aircraft.
The aircraft was parked in the hangar of the terminal at the Murtala Muhammed International Airport La­gos.
A reliable source within the private terminal told Daily Times under the con­dition of anonymity that the teenager was discovered at about noon when pilots of the aircraft, marked M-MYNA, were carrying out a routine inspection before starting the engine.


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