Aviation - Skypenewsnaija

Airlines struggle as losses hit N150bn in two months

Airline Operators of Nigeria have raised alarm over losing N150bn within two months, even as ground handling companies threaten further action over about N9bn in outstanding debts. A member of the Board of Trustees of the Airline Operators of Nigeria, Roland Iyayi, said airlines had lost over N150bn in just two months, stressing that operators […]

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May 1, 2026
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Breaking News

FG approves national aircraft leasing company

The Federal Government has approved the establishment of a national aircraft leasing company to support domestic airlines with access to modern fleets. The Minister of Aviation and Aerospace Development, Festus Keyamo, announced the decision following a meeting of the Federal Executive Council, describing the initiative as a major shift in how Nigerian carriers will acquire […]

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May 1, 2026
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Travel

Flight Delays: Passengers Entitled To Food And Airtime, Could Get Accommodation, Says FCCPC

Passengers wait to board their flight at an airport boarding gate at Nnamdi Azikiwe International in Abuja, on May 26, 2025. (Photo by OLYMPIA DE MAISMONT / AFP) The Federal Competition and Consumer Protection Commission (FCCPC) says passengers are entitled to food, airtime, and, in certain instances, accommodation, in cases of delayed flights. FCCPC’s Director, […]

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April 28, 2026
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Breaking News

Oyedele, Keyamo Move to Cut Aviation Fuel Costs

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has confirmed that he recently held talks with the Minister of Aviation and Aerospace Development, Festus Keyamo, to devise measures to address the rising cost of aviation fuel and the growing pressure on airline operators, as part of broader efforts to stabilise the […]

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April 26, 2026
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Travel

Jet A1: Airfare Hike Looms As Keyamo Warns Airlines Near Breaking Point

The Minister of Aviation and Aerospace Development, Festus Keyamo, has hinted at a possible hike in the price of airfares for the next seven days to allow domestic airlines to keep operating and avert a possible shutdown of operations. Keyamo disclosed during an interview after an over four-hour closed-door meeting with stakeholders in the industry. […]

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April 24, 2026
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World

CBN Settling Outstanding Liabilities To Strengthen Nigeria-UK Aviation Ties– Tinubu

President Bola Tinubu has disclosed that the Central Bank of Nigeria (CBN) is clearing outstanding obligations owed to foreign airlines, in a bid to strengthen the Nigeria-UK aviation sector relations. The presidential spokesperson, Bayo Onanuga, disclosed this following a meeting with a delegation from British Airways on Wednesday, as the airline celebrates 90 years of […]

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April 24, 2026
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Business

Tinubu Approves Relief For Airlines Amid Jet A1 Fuel Hike

The Minister of Aviation and Aerospace Development, Festus Keyamo, on Wednesday, disclosed key Federal Government interventions aimed at reducing the financial pressure on airlines following rising concerns over the cost of Jet A1 fuel and the threat of service disruptions in the aviation sector. The Minister made the disclosure after hours of meeting with a […]

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April 23, 2026
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Travel

FG summons emergency meeting with airline operators over aviation fuel hike

The Federal Government has appealed to domestic airlines to suspend plans to halt flight operations following the sharp rise in the price of Jet A1 fuel. Aviation Minister Festus Keyamo also urged the carriers to reconsider any planned increase in airfares. This is as he further disclosed that an emergency stakeholders’ meeting had been convened […]

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April 17, 2026
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Travel

Over two months of jet fuel available, says NMDPRA amid market anxiety

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has assured Nigerians of strong aviation fuel availability across the country, disclosing that current stock levels can sustain demand for a total of 74 days. In a statement issued on Friday by Director, Public Affairs Department, George Ene-Ita, the Authority said inland reserves account for 12 days […]

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April 17, 2026
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Business

UPDATED: Jet A1 Price Hike: Airline Operators Warn Effect Of Aviation Shutdown Will ‘Be Huge’

Airline operators in Nigeria have raised an alarm over rising Jet A1 fuel prices, warning that the impact of a potential aviation shutdown would be severe and trigger economic consequences. United Nigeria Airlines Chairman, Professor Obiora Okonkwo, who appeared on Channels Television’s Politics Today, alleged price manipulation, artificial scarcity, and black market activities in fuel […]

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April 16, 2026
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