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Private investors and development finance institutions will provide up to 95 per cent of the funding for a newly established national aircraft leasing firm. Minister of Aviation and Aerospace Development Festus Keyamo disclosed the financing structure during an industry stakeholder meeting in Abuja. The newly approved corporate entity will operate strictly as a private sector-driven…
The Nigeria Civil Aviation Authority has placed eleven domestic airlines on an immediate “No-Pay-No-Service” sanction list over unremitted statutory charges. The strict enforcement action bars all internal regulatory departments from rendering administrative or operational services to the affected carriers. An internal agency memo dated May 22, 2026, confirmed that the suspension will remain in place…
Domestic aviation in Nigeria faces imminent paralysis as airline operators have collectively served notice of operational suspension effective April 20, 2026, following what industry leadership describes as unsustainable economic pressure from fuel procurement costs. The decision, communicated through an April 14 directive attributed to Airline Operators of Nigeria President Abdulmunaf Sarina, positions the sector…
Nigerian domestic airlines lost N32.5 billion to a staggering 50,800 flight disruptions in 2025. A report by Aeronexus Partners reveals that over half of all scheduled flights last year suffered either a delay or an outright cancellation. Out of 87,650 flights operated, 45,320 were delayed, while 5,480 never left the tarmac. This fiscal haemorrhage strikes…
