The country’s domestic airlines are mooting an increase in fares. This is premised on the recent increase in the price of aviation fuel. According to the airline operators, a circular informing them of the increase in the price of aviation fuel from N115 per
The scarcity of foreign exchange, which is already taking a toll on the activities of airlines operating in the country, particularly the foreign firms will soon be a thing of the past as the Minister of State for Aviation, Hadi Sirika, is making frantic efforts to liaise
Nigeria Civil Aviation Authority, NCAA, has said the regulatory authority is not aware of any reported case of foreign airlines operating in Nigeria charging Nigerian passengers dollars instead of Naira the official currency of the
Iberia Airlines, Spanish flag carrier, has suspended its flights to Istanbul, a major city in Turkey, owing to low demand. Reputed as Spain’s largest airline, Iberia also plans to suspend flights to Nigeria from May 12, 2016 and Ghana from May 17, “due
Many have always asked: why is it difficult or almost impossible for economic principles that work in other places to work or be applicable in Nigeria? Once prices of goods or services go up, they never come down. Market forces hardly apply or are not allowed to apply.