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Posts Tagged "foreign airlines"

HomePosts Tagged "foreign airlines"
  • dollar to naira

Maureen Ihua-Maduenyi United States carrier, Delta Airlines, says it no longer has challenges repatriating funds from ticket sales from Nigeria. The airline is currently the only US carrier operating nonstop flights between Nigeria and the United States, others having left when it became difficult for foreign airlines to repatriate funds due to scarcity of forex. […]

KIGALI, Nov 13 (Reuters) – The global airline industry has $1.2 billion blocked in nine dollar-strapped African countries, the International Air Transport Association (IATA) said on Monday. The global commodities price crash that began in 2014 hit economies across Africa hard, particularly big resource exporters such as Angola and Nigeria. Low oil and mineral prices […]

Eniola Akinkuotu, Abuja The Federal Government says the planned concession of major airports across the country will go ahead as planned. This is just as it announced that N45bn would be paid to ex-workers of the defunct Nigerian Airways as severance package. The Minister of State for Aviation, Hadi Sirika, stated this while fielding questions […]

Nigerians are still taking to the air this summer despite announcement of a new dollar exchange rate for the sale of air tickets, which has affected the prices of ticket from Nigeria to international destinations. This is as the International Air Transport Association (IATA) in Montreal, Canada, announced that from Friday, its exchange rate for […]

International airfares out of Nigeria have recorded a further rise following an increase in exchange rate for ticket prices by the International Air Transport Association, OYETUNJI ABIOYE and MAUREEN IHUA-MADUENYI report The international airfares from Lagos to various destinations across the globe have recorded a further increase following the announcement of a new dollar exchange rate for […]

The International Air Transport Association, IATA, says over $175 million generated from ticket sales by foreign airlines is still trapped in Nigeria due to inadequate foreign exchange. The figure is however down from the $600 million the association said was trapped before the Central Bank of Nigeria, started offloading the funds to the airlines at the beginning […]

Okechukwu Nnodim, Abuja Foreign airlines that refused to use the Kaduna International Airport as an alternative to the Nnamdi Azikiwe International Airport, Abuja, are currently regretting their decisions, the Federal Government has said. The only foreign carrier that had agreed to operate into the Kaduna airport, Ethiopian Airline, flew in from Addis Ababa on Wednesday, […]

Olusola Fabiyi and Okechukwu Nnodim The Federal Government on Monday announced that the Nnamdi Azikiwe International Airport, Abuja would be closed in the early hours of Wednesday. It said that adequate preparations had been put in place to secure passengers who would be travelling from Kaduna to Abuja during the six weeks when the Abuja […]

The Federal Government yesterday officially announced the temporary closure of the Nnamdi Azikiwe International Airport (NAIA), Abuja, for six-week rehabilitation work on its runway. It was learnt that the repair exercise and logistics would cost N5.8bilion. The announcement was made jointly by the Minister of Information and Culture, Lai Mohammed, his counterparts in Transportation, Rotimi […]

British Airways and Lufthansa Airlines have joined the list of foreign airlines rejecting the option of flying into Kaduna Airport during the six weeks of runway repair of the Nnamdi Azikiwe International Airport (NAIA), Abuja. But unlike others that will suspend operations for the six weeks period, the British carrier has opted for Murtala Muhammed […]