The Asset Management Corporation of Nigeria (AMCON) is floating a Holding Company (HoldCo) structure that will enable it warehouse and sell aviation assets for strategic exit from the sector. A top executive of the company said yesterday that the corporation has applied for Air Operating License (AOL) that would enable it commence the HoldCo structure […]

SECURITY around the nation’s airports will be heightened following an alert from the ministry of aviation over planned attacks on airports across the country including Kaduna, Maiduguri, Sokoto, Kano, Abuja, and Lagos. A memo dated April 9, 2021 signed by Federal Airports Authority of Nigeria (FAAN) deputy general manager of administration and logistics, S.M. Mamman

Unrepatriated funds of foreign airlines in Nigeria and 16 other African countries have been estimated at $601 million. The stuck fund is proceeds of ticket sales made in local currency but blocked due to the non-availability of foreign exchange to recoup it. The International Air Transport Association (IATA) disclosed as it appealed to African governments

President Joe Biden’s administration is doubling down on its stance that a vaccine passport should come from the private sector. At a briefing today, White House Senior Advisor for COVID Response, Andy Slavitt, indicated that the government would develop guidelines for the private sector but stay out of the actual development of a vaccine passport.

• Aero, Ibom, others missed out of released N5 billion• Reps to probe disbursement  The proposed N27 billion intervention fund earmarked for the aviation sector is causing a row in the industry. While stakeholders expressed displeasure over the release of only N5 billion out of the N27 billion, some operating carriers complained of being left

Nigeria Designates Five Airports for Free Trade, Open Sky The Federal Government has designated five international airports to support the implementation of both the African Continental Free Trade Area (AfCFTA) and Single African Air Transport Market (SAATM) agreements. These airports are Murtala Muhammed International Airport (MMIA), Lagos; Nnamdi Azikiwe International Airport (NAIA), Abuja; Mallam Aminu

ICAO Advises ECOWAS To Embrace Liberalization & Innovation To Enhance Aviation Pandemic Recovery…Rains Accolades On Regional Collaboration On SAATM, YD & Legal Instrument On Air Cargo At the conclusion of  the virtual Ministerial Meeting on Enhancing Air Transport Connectivity and Growth in West Africa, ICAO Council President Salvatore Sciacchitano and Secretary General Dr. Fang Liu

MINISTERS of Aviation in the West African sub region have revealed plans to implement post covid recovery plan for air transport in the region, including strategies for the long-term sustainable development of the industry after consideration of issues affecting air transport and related sectors. This is just as they have urged all operators including airlines,

AIR Peace yesterday took delivery of another of its thirteen (13) pre-ordered Embraer E195-E2 aircraft at the Nnamdi Azikiwe International Airport Abuja and has called on the Federal Government to impress on the Nigerian Customs Service ( NCS) the need to honour signed laws. The brand new aircraft landed the country at 1:55pm and was