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Nigeria, AfDB sign $7bn deal on Integrated Aviation Transformation Programme
Nigeria and the African Development Bank (AfDB) have signed an agreement to formalise the $7 billion Integrated Aviation Transformation Programme (IATP) aimed at kick-starting reforms and unlocking large-scale financing for the aviation industry’s development across the continent. Minister of Aviation and…
NCAA withholds services to Air Peace, Arik, Ibom Air, 8 others over debts
Industry regulator, the Nigerian Civil Aviation Authority (NCAA) withdrawn services rendered to a total of 11 domestic airlines pending the settlement of their outstanding debts to the agency. A notice distributed to NCAA’s directorates and dated May 22, 2026, directed…
Airbus cites ‘severe bottlenecks’ over A350, A320neo delivery delays
Commercial aircraft manufacturer, Airbus has blamed ‘severe bottlenecks’ for the delays experienced in delivery of the A350 and A320neo family aircraft to customers. According to the manufacturer, the delays could stretch from one month to four years. Explaining the delay,…
Domestic carriers hike fares, despite slash in JET-A1 pump price by local refinery
Domestic airlines operators have hiked the price of flight tickets across all local routes. The increase comes barely one day after a local refinery had slashed the pump price of the JET A1 ( aviation fuel), as well as other…
Emirates reports $6.6bn PBT, high cash reserves, amid Gulf conflict
Aviation giants, the Emirates Group says it remains upbeat on outlook, as the carrier posted a record $6.6 billion profit in its 2025–26 annual report, although the impact of regional conflict was only felt during the final month of…
Nigeria moves to establish national leasing company
Minister of Aviation and Aerospace Development, Mr Festus Keyamo has disclosed of plans by the federal government to establish a national leasing company to ease the acquisition of aircraft by the country’s domestic carriers. Mr Keyamo who announced this…
Airlines to engage govt on Wednesday to decide possible shutdown
Frank Okon Nigeria’s aviation sector has stepped back from the brink of disruption, but only temporarily. A threatened shutdown by domestic airlines has been put on hold pending high-level talks in Abuja on April 22. The outcome of that meeting…
Dangote warns rising oil prices may ground Nigerian airlines
Demands subsidies for farmers Ziggy Ojiegbe, with agency reports Chairman of the Dangote Group, Aliko Dangote, has called on the Nigerian government to introduce targeted subsidies for farmers, warning that surging global oil prices could cripple both agriculture and aviation…
Over 27,000 flights, 4.4m seats cancelled as travelers stranded in Middle East
Frank Okon More than 27,000 flights to and from the Middle East to international destinations have been cancelled, with an estimated 4.4 million airline seats removed from schedules over the past week as Iranian regime ratchets bombardment of neighboring Arab…
Airlines resume cautious flights amidst Middle East airspace risks
Virgin Atlantic has become the latest airline to resume operations from the United Arab Emirates, operating its first flight to London Heathrow since regional airspace closures began following the escalation of the US-Israel conflict with Iran. The British carrier’s scheduled…
