The International Air Transport Association (IATA) has projected that global airline profits are expected to reduce by half in 2026 due to disruptions caused by the Middle East conflict, which has led to a dramatic surge in jet fuel prices. In its latest outlook released on Sunday at the Annual General Meeting in Rio de …
The Nigeria Civil Aviation Authority (NCAA) has announced that it has temporarily suspended its earlier decision to halt services to 11 airlines over outstanding debts. Pinnacle Daily reports that the NCAA had, in an internal memo dated May 22, directed the placement of 11 domestic airlines on a “No-Pay-No-Service” list. The directive required all NCAA …
Nigerian airlines have raised their minimum airfares to as high as ₦200,000 for one-way domestic tickets as the persistent hike in aviation fuel, also known as Jet A1, continues to affect operations. Routes such as Lagos–Abuja, Lagos–Port Harcourt, and Lagos–Enugu now commonly exceed ₦200,000 for one-way economy tickets on several carriers. The high cost of …
Nigeria’s aviation sector is once again being gripped by a crisis of aviation fuel, forcing domestic airlines to cut routes and reduce flight frequencies. This is as operators struggle with costs that have surged by over 300 per cent since February 2026, causing them rounds of flight disruptions and delays. Across the country’s major airports, …
For decades, Nigeria’s Bilateral Air Service Agreements (BASA) were designed to encourage reciprocal airline operations and boost connectivity between countries. However, many Nigerian airlines have struggled over the years to benefit from these agreements, while foreign carriers continue to dominate international routes in and out of the country. BASAs are agreements between one government and …
Rano Air has announced temporary suspension of flights on some of its routes due to the high cost of Jet A1 aviation fuel. In a statement released on Friday, via its X handle, the airline said the spike in aviation fuel in the last two months has significantly impacted its operations, making it commercially unsustainable …
Aviation analyst Olumide Ohunayo has said the plans by Dangote Refinery to begin direct supply of aviation fuel, also known as Jet A1, to airlines in Nigeria will not work. He said this is because there are registered marketers with facilities around airports who are supposed to supply aviation fuel to the airlines. Ohunayo, who …
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has been unveiled as one of Africa’s top aviation leaders. The unveiling was done during a special session at the IATA Focus Africa Conference organised by the International Air Transport Association in Addis Ababa, Ethiopia. IATA’s Regional Vice President for Africa and the Middle East, Kamil …
The Federal Government plans to include Aviation Turbine Kerosene (ATK) in the Naira-for-Crude initiative as part of an emergency response to the ongoing aviation fuel crisis. It was one of the recommendations made by a technical committee convened by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), following a series of high-level stakeholder meetings …
Industry analysts and domestic airline operators have called on the Nigerian government to address the root cause of the aviation fuel price hike to bring relief to operators who have continued to absorb the soaring costs. They argued that while the approval of a 30 per cent discount on outstanding debts owed by domestic …
