IATA Applauds As Central Bank of Nigeria Releases $265 Million To Airlines For Outstanding Ticket Sales

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The Central Bank of Nigeria (CBN) has announced it released $265 million to airlines to settle outstanding ticket sales. According to the CBN, “a breakdown of the figure indicates that the sum of $230 million was released as special FX intervention while another sum of $35 million was released through Retail SMIS auction.” This followed the escalation of tensions in …

FAAN Says It Did Not Increase its Charges

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The Federal Airports Authority of Nigeria (FAAN) has said it did not increase any of its charges, contrary to recent media reports. would like to inform passengers and the general public that we did not increase any of our charges. According to FAAN, “the charges being collected by FAAN are statutory, and therefore cannot be increased without the knowledge of …

SAHCO REAFFIRMS ITS CONTINOUS SUPPORT FOR NDLEA ON WAR AGAINST DRUGS

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Skyway Aviation Handling Company PLC (SAHCO) has declared its continuous support to Nigeria’s fight against peddling of controlled substances. The Managing Director/CEO of SAHCO, Basil Agboarumi stated that SAHCO boasts of well-trained staff that are equipped to know what to look out for according to world best practices before accepting Cargo and are also trained to be cooperative with Government’s …

Arik Air becomes Official Airline Partner of The Next Titan Nigeria Reality TV show

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Arik Air said it has become the Supporting Sponsor and Exclusive Official Airline Partner of The Next Titan Nigeria Reality TV show Season Nine. An agreement to this effect was signed last Friday between the management of Arik Air and Bravopoints International, promoters of the The Next Titan Nigeria TV show. Speaking at the signing ceremony, the Chief Executive Officer …

Dana Air Commence Operational Audit

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Dana Air says it has commenced the operational audit as advised by the Nigerian Civil Aviation Authority (NCAA) and is fully cooperating with the NCAA to ensure a quick return to flight operations. According to Dana Air, operational Audits are regulatory and airlines are required to suspend their operations when the regulator calls for it and we are confident that …

Airfield Lighting Instalation: FAAN To Close Domestic Runway 18L/36R

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As part of efforts aimed at improving  safety and efficiency of flight operations at the Murtala Muhammed Airport, Lagos, the Federal Airports Authority of Nigeria (FAAN) said it has concluded arrangements to complete the installation of CAT III Airfield Ground Lighting system on Runway 18L/36R. According to FAAN, the project, which will commence effectively on Friday, July 8, 2022, is …

Dana Air Introduces More Flights On Lagos, Abuja Routes

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Dana Air said it has introduced additional flights on its Lagos and Abuja route network. The airline in a statement said the introduction of the additional flights was strictly based on popular demand, the desire to meet the growing demand, and the need to follow through with its strategic route expansion. ”The additional Abuja to Lagos flights will operate at …

Dana Air Partners The ELOY Foundation To Empower Women In Five States

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Dana Air has announced its partnership with The ELOY  Foundation’s business shower to Empower Women in five states: Rivers, Kano, Abuja, Abia, and Lagos The ELOY business Shower is an educative business gathering specifically organized for women in business to inspire and encourage them to build thriving businesses. Sukhjinder Mann, Deputy CEO of Dana Air said, Dana Air’s corporate social …

IATA Laments $1b Blocked Airline Funds In Africa, Tasks Nigeria, Ethiopia, Others To Release Funds

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The 78th Annual General Assembly of the International Air Transport Association (IATA) kicked off in Doha, Qatar June 19, with a fervent call by Mr. Kamil Alawadhi, IATA Regional Vice President for Africa and Middle East (AME), for the African States to expedite the release of airlines’ funds still trapped in their jurisdictions. Mr. Alawadhi lamented that “blocked funds remain …

Nigeria Bemoans $2.5 Billion MRO Losses In 2021

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Captain Rabiu Hamisu Yadudu, Managing Director of the Federal Airports Authority of Nigeria (FAAN), has revealed that Nigeria lost $2.5 billion (about N1.25 trillion) in MRO investments in neighboring countries in 2021, stating that such investments would have created more employment opportunities for Nigerians, revenue generation and training of technical personnel for maintenance of aircraft. Capt. Yadudu made this known …