Aviation biofuel production gets $2m boost ahead of 2023 target
The quest for the production of Sustainable Aviation Fuel (SAF), such as aviation biofuels, has received a boost with a new commitment of $2 million to meet the 2023 production target in the United States.
PPPRA denies scarcity of aviation fuel as stock hits 83m litres
Nigeria currently has eighty-three million, eight hundred and ninety-eight thousand, five hundred and eleven litres of Aviation Turbine Kerosene (ATK), generally called ‘aviation fuel’, the Petroleum...
Fuel price spike, operational cost squeeze airlines’ profit
The rising cost of aviation fuel and decline in passenger traffic demand are taking a heavy toll on airlines around the world. Apparently in reaction to the trend, the International Air Transport Association (IATA) yesterday announced a downgrade of its 2019 outlook for the global air transport industry to a $28 billion profit from $35.5…
Operators groan over high price of aviation fuel, operational cost
Airline operators have expressed concern over the high cost of operating in the country, citing among others the burden of aviation fuel that has left them disadvantaged among international carriers.
Zero refining capacity costs airlines 500 million litres fuel shortage yearly
Perennial zero refining capacity of aviation fuel in the country has brought the supply deficit of the total Jet-A1 requirement a year to 500 million litres. While the demand for aviation fuel, according to industry sources, continue to increase and estimated to have reached....
Passengers groan as airlines cancel flights over fuel scarcity
Air passengers were yesterday stranded at airports across the country as domestic airlines ran short of aviation fuel to carry out scheduled flight operations.
Fresh fears of aviation fuel scarcity hit operators
Another bout of aviation fuel scarcity appears to have begun at the Murtala Muhammed Airport, Lagos, yesterday, with airline operators unable to get the volume ...
Representatives summon CBN, NNPC over forex , aviation fuel
The House of Representatives Committee on Aviation has directed the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Corporation (NNPC) to appear before it today to explain its role in the challenges facing the aviation sector.
Domestic airlines in free fall
Aero Contractors’s decision to close shop “temporarily” came as a rude shock to the Nigerian public on Wednesday, particularly their customers already on the queue to board Aero 737 at Murtala Muhammed Airport II (MMA2), Lagos.