Race to cope with post-pandemic traffic rebound has cost world airlines and airports a record investment in technology, estimated to worth $4.3.8 billion in 2022.

Apparently worried by the perennial low market penetration in global traffic, the International Air Transport Association (IATA) has hinged stunted growth of the air transport sector in Nigeria and other African countries on non-reciprocity of flight operations and multiple charges at airports on the continent. IATA, which is the clearing house for over 280 world…

African carriers have recorded a 90.5 per cent passenger traffic surge in September, compared to a year ago, as global travel recovery continues to be strong.

Financial dire straits facing local airlines were yesterday linked to an over-bloated workforce of the six aviation agencies.

The Nigerian Civil Aviation Authority (NCAA) has said local airlines are owing N19 billion and $7.6 million in ticket charges.

Chaotic scenes in Nigeria’s air transport sector reached their feverish pitch last week when cash-strapped foreign airlines threatened to pull out over the inability to repatriate accumulated funds

Crisis rocking local operators, yesterday, took a new turn as the Nigerian Civil Aviation Authority (NCAA) ordered the airlines to begin repayment of debts in excess of N45.29 billion.

The airline business (and, indeed the aviation industry) in Nigeria is at present facing an existential threat—triggered by an acute scarcity of foreign exchange (forex).

The House of Representatives has summoned the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, and the Ministers of Finance and Aviation, Zanaib Ahmed and Hadi Sirika, respectively,

World airlines have recorded a spike in passager traffic demand this summer season, despite chaotic scenes lately seen at major airports.

Nigerian Airspace Management Agency (NAMA) has reaffirmed that all airports nationwide have adequate facilities to support night operations.

Global aviation is witnessing one of its worst chaotic scenes in history over staff shortages and infrastructural deficits at major international airports.