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Farooq

Posts Tagged "foreign airlines"

HomePosts Tagged "foreign airlines"

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 […]

Nigeria’s aviation ministry has said the planned six weeks of resurfacing work were needed because the runway. International airlines are refusing to fly to an alternative hub when the only airport serving Nigeria’s capital shuts down, forcing travellers to make lengthy detours at extra cost. Nnamdi Azikiwe International Airport in Abuja closes completely for runway […]

By Ulf Laessing LAGOS Feb 2 (Reuters) – German carrier Lufthansa will not fly to the replacement air hub for the Nigerian capital of Abuja while the main airport is closed for repairs from next month, a company spokesman said on Thursday. The Nigerian government has said airlines will use the little-known city of Kaduna’s […]

By Oludare Mayowa LAGOS Jan 25 (Reuters) – Nigeria’s central bank has asked banks to bid in a special currency auction to clear a backlog of dollar obligations that businesses owe, traders said on Wednesday. The central bank asked commercial lenders to submit backlog dollar demand from fuel importers, airlines, raw-materials producers, and makers of […]