aviation sector
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Nigeria FAAN Report Reveals: Only Three Nigerian Airports Profitable Amid Sector Challenges
FAAN reveals only 3 of 22 Nigerian airports are profitable. Despite this, new airports are being developed. FAAN emphasizes economic activities drive passenger traffic, not new airports. Collaborations with international organizations aim to expand routes and create transit hubs to improve...- Nigeria News
- Article
- 2 min read
- aviation sector faan airport management nigerian airport
- Category: Business
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Nigeria Air Peace and Foreign Airlines Clash Over London Routes
In Nigeria's ever-evolving airline sector, a new battleground has emerged: the skies above London. With Air Peace's recent foray into the lucrative Lagos/London route, foreign carriers have launched a relentless price war, slashing fares in a bid to outmaneuver the homegrown airline. Before Air...- Nigeria News
- Article
- 2 min read
- air peace aviation sector foreign carriers london routes price wars
- Category: Business
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Nigeria Tensions Rise as Foreign Airlines Challenge CBN's Assertion on Cleared Forex Obligations
Amidst assertions by the Central Bank of Nigeria (CBN) of successfully settling all outstanding foreign exchange (FX) obligations, foreign airlines have challenged the claim, asserting that the situation remains unchanged. Kingsley Nwokeoma, President of the Association of Foreign Airlines and...- Nigeria News
- Article
- 1 min read
- aviation sector cbn central bank of nigeria currency market foreign airlines forex backlog yemi cardoso
- Category: Business
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