Following a record-setting summer across the Atlantic, Delta Air Lines (NYSE:DAL), is making changes to its flight schedule between Lagos and Atlanta, effective 4th October 2023, in readiness for the holiday season. Delta’s new flight schedule offers customers an early afternoon departure from Lagos at 1:00pm arriving into Atlanta at 8:55pm on the same day. The return …
Read More »Delta Raises Breast Cancer Awareness, Turns Skies Pink
Delta takes the fight against breast cancer to new heights with a range of initiatives on the ground and in the air, Delta is raising funds for the Breast Cancer Research Foundation. In Nigeria, a lower-middle-income country, breast cancer is the most common malignancy among women, accounting for 22.7% of …
Read More »FG Approves Snake Island Port Development to Attract $1 Billion Investment
The Federal Government has granted an approval for the development of Snake Island Port in Lagos by Nigerdock targeted at attracting $1billion private investment while enhancing operations in the Nigerian maritime industry. The investment is to be executed through Public Private Partnership (PPP) arrangement, with a new 45-year concession agreement. …
Read More »Civil Aviation Authorities Need to Redesign Industry Regulations to Encourage Investment – Falcon Aerospace CEO
The Chief Executive Officer (CEO), Falcon Aerospace Limited, Chukwuerika Achum has urged civil aviation authorities in Africa to invest in redesigning regulations that would harness investment into the sector. He posted that the current ones are not suited for the kind of expansion expected. Speaking on this, Achum said double-digit …
Read More »Falcon Aero Unveils Tech Platforms to Ease Business Jet Booking
Nigerian business aviation firm, Falcon Aerospace Limited, has unveiled innovations designed to ease business jet booking and make access to the service more inclusive. The firm introduced the products at a recent event in Lagos, Nigeria, where it unveiled its operational business units. According to CEO, Chukwuerika Achum, Falcon Aerospace’s …
Read More »Kalabash Introduces Pay Small Small for Travelers in Aviation Sector
Kalabash, a new entrant into the rapidly expanding BNPL fintech space, has unveiled Pay Small Small™, a product that allows all passengers to enjoy great travel deals and prices by paying as little as 25% of the total cost as a down payment to lock in travel fares and splitting …
Read More »Crude Oil Revenue Falls by 29% to N790 Billion – CBN
Crude oil revenue crashed by 29 per cent in the first quarter of 2022, according to statistics from the Central Bank of Nigeria. The CBN, in its latest economic and statistical report for the first quarter of 2022, stated that earnings from crude oil dropped to N790bn from N1.1trn recorded …
Read More »CBN Releases $265 Million to Save Aviation Sector
In a move to check a brewing crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) on Friday released the sum of $265 million to airlines operating in the country, to settle outstanding ticket sales. A breakdown of the figure indicates that the sum of $230 million …
Read More »President Buhari Commissions Gombe- Kumo – Billiri -Kaltungo Highway
Nigeria’s President Muhammadu Buhari, has on Friday 26th August 2022, commissioned the Gombe – kaltungo highway in Gombe state North-East Nigeria. Representing the President at the ceremony, the Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami) described the sixty six kilometer road as a strategic project aimed …
Read More »FG Begins Talks With Airlines Over $600 Million Trapped Funds
…New Terminal to Process 14 Million Passengers Per Annum The Minister of Information and Culture, Alhaji Lai Mohammed has said relevant authorities are working towards addressing issues concerning revenue of foreign airlines that have been trapped in Nigeria, put at over $600 million. Speaking during a facility tour at the …
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