The Asset Management Corporation of Nigeria (AMCON) on Monday said Arik Air, under its previous management, owed the International Air Transport Association (IATA) $78 million.
FG appoints new management for NCAA
The Federal Government on Monday approved the appointment of five new Directors and one General Manager for the Nigerian Civil Aviation Authority (NCAA).
Air Peace operations deepen Nigeria, Ghana economic ties
Bilateral economic relations between Nigeria and Ghana recently received a boost with the launch of Lagos-Accra flight operations by Air Peace Airlines.
Emirates gets new regional manager for West Africa
Emirates Airlines has appointed Afzal Parambil, as its new Regional Manager for West Africa.
Ethiopian Airlines graduates 184 aviation professionals
Ethiopian Airlines Aviation Academy (EAA) has graduated 184 aviation professionals to raise capacity and improve services of African airlines.
NIMET boss pledges commitment to staff welfare, facility upgrade
Incoming Director General (DG) of the Nigerian Meteorological Agency (NIMET), Prof Sani Abubakar Mashi, has pledge to turn the agency around through focus on workers’ welfare and facility upgrade.
‘Kaduna Airport 92 per cent ready for traffic’
Federal Airports Authority of Nigeria (FAAN) has affirmed the readiness of the Kaduna Airport to receive Abuja-bound flights when the Nnamdi Azikiwe International Airport (NAIA) is closed in March.
Mixed reactions trail AMCON’s takeover of Arik Air
The News Agency of Nigeria (NAN) reports that AMCON had on Thursday taken over Arik Air following the airline’s huge indebtedness to the company and other creditors, both local and foreign.
Flight diversion, medical emergency cost Emirates up to N300m
A single flight diversion, often due to inflight medical emergencies, costs Emirates Airline an excess of N2.5 to N300 million ($50,000 - $600,000), airline source has said.