The Nigerian Airspace Management Agency (NAMA) is grappling with over ₦67 billion in unpaid charges owed by foreign airlines and other organisations, a development that is worsening the agency’s financial challenges and raising concerns over industrial harmony in Nigeria’s aviation sector. According to NAMA’s Credit Control Records, the agency was owed ₦34.69 billion in domestic receivables and approximately $49.48 million in…
Dubai’s Emirates Group, which includes the Middle East’s biggest airline, announced on Thursday gross annual profit of $6.2 billion, its third record in three years. The 18% increase in profit, driven by strong customer demand, dropped to $5.6 billion after the UAE’s newly introduced corporate tax, which was applied for the first time over a…
The Federal Government, through the Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed ongoing efforts to address the high cost of air tickets for both domestic and international travel while also announcing enhancements in airport safety and security. Keyamo disclosed this in his remarks at the Ministerial Press Briefing on Thursday in Abuja….
The Federal Government, through the Central Results Delivery Coordination Unit, has urged the Ministry of Aviation and Aerospace Development and the Nigerian Civil Aviation Authority to revisit a draft policy proposing stricter sanctions on airlines for the increasing number of flight delays and cancellations across the country. The Special Adviser to the President on Policy…
