Foreign airlines reintroduce lower class tickets - Newstrends
Connect with us

Aviation

Foreign airlines reintroduce lower class tickets

Published

on

Following the announcement of the release of $265million trapped funds to foreign airlines by the Central Bank of Nigeria (CBN), the international carriers have reintroduced their lower class tickets, better known as lower inventory in their operations in Nigeria.This came as aviation industry stakeholders have commended the CBN for releasing $265 million in trapped funds to foreign airlines, saying the action saved the image of the country.

Some foreign airlines had raised the alarm over their inability to remit their revenues in Nigeria, amounting to about $450 million.Last week, Emirates Airlines announced that it would suspend all flights to Nigeria from September 1, 2022, over its stuck $95 million.However, the Nigerian government bowed to the foreign airlines’ pressure on Friday with the release of $265 million of the trapped funds. This development encouraged the airlines to reintroduce their lower-class tickets.

The reintroduction of the airlines’ lower inventory in their booking means that Nigerians can now buy cheap tickets for their travels.These cheap tickets were blocked by the airlines following their inability to repatriate their revenues to their countries in foreign currency.For instance, the foreign airlines had for the past three weeks introduced tickets that ranged from N1.2million to N1.5million for economy class, which used to be sold for N400,000 in January and February this year.

They also introduced N4million tickets for business classes that used to go for between N1.5million and N2million.However, with the release of part of their trapped funds, the airlines have reintroduced cheaper tickets.Some of the airlines had also reduced their flights to Nigeria to cut back losses.

Meanwhile, aviation industry stakeholders have commended the CBN for releasing $265 million to foreign airlines.They however urged the federal government to have a permanent solution to the trapped fund’s problem.Reacting to the announcement of the release of the fund by CBN, the Group Managing Director, Finchglow Holdings, and the immediate past President of the National Association of Nigeria Travel Agencies (NANTA) Mr. Bankole Bernard, commended the CBN for releasing the money to the airlines.

Bernard, who spoke to THISDAY, said the apex bank saved the image of Nigeria.
He also noted that the federal government should have opened a discussion earlier with the airlines to give them assurances on the payment.

According to him, if the government had interfaced with the airlines they would not have reduced their flights to Nigeria or sold their tickets at exorbitant rates to Nigerian travellers.
“What CBN has done is a welcome development because in everything we look at things from the positive development. But they should have saved the country the embarrassment and high cost of flight tickets levelled on Nigerians, especially those students who were travelling back to school overseas. If CBN had announced to the airlines that they would pay this money, the airlines would not have embarked on a certain action to cut down their losses, which include selling high inventory tickets and reducing their flights,” Bernard said.
Bernard argued that when tickets are bought from outside to travel to Nigeria, the country loses a five per cent charge from that ticket, known as the ticket sales charge, which the Nigerian Civil Aviation Authority (NCAA) collects on behalf of aviation agencies.
Also speaking on the issue, the former Managing Director of the Nigerian Airspace Management Agency (NAMA) and former CEO of Aero Contractors, Captain Ado Sanusi, told THISDAY that CBN has saved the image of Nigeria with the payment made to the foreign airlines.

“It is a really welcome development. But my reaction is if they knew they would make that payment they should have communicated to the airlines and assured them they would pay the money. This is because communication is key. They shouldn’t have waited until airlines began to issue threats before making the payment.
“Let me also call on the government to make forex available to domestic airlines too. I think we should have a permanent solution to forex. This should be made available to both local and international airlines,” he said.

On his part, an industry analyst and the Publicity Secretary of Aviation Round Table (ART), Olu Ohunayo noted that the payment has helped Nigeria to redeem its image.
He said that the challenge before Nigeria is to win back its credibility as a credit worthy nation.

“I hope we will not get backlash from other sectors of the economy based on our action in the aviation sector. We should not allow the industry to lump us together with Venezuela, Lebanon, and Zimbabwe which have been on this for a while. We do not belong there. Now that the first tranche of payment has been made, they must continue to provide the forex so that by December/January they would have completed the payment,” he said.

Also reacting, a travel expert and organiser of Akwaaba African Travel Market, Ambassador Ikechi Uko, told THISDAY that by releasing the funds, the Nigerian government adhered to the Bilateral Air Service Agreement (BASA) it signed with the countries that host these airlines.

He suggested that the government should find a way to release the money more regularly, even if in tranches.
“CBN should go further by extending that gesture to domestic airlines by making forex available to them. The airlines have been losing their fleet from 60 aircraft to 30 aircraft and now it might have gone down to 20. It is also good to note what the Lagos Chamber of Commerce said recently. The body noted that inflation that spiked in June and July this year was caused by a crisis in the aviation sector. The roads are bad; the number of operating aircraft has reduced; this is the time the government should address the issue of forex with domestic airlines,” Uko said.
Thisday

 

Loading

Aviation

FAAN reinstates Bolt at airports, denies fixing taxi fares

Published

on

FAAN reinstates Bolt at airports, denies fixing taxi faresFAAN reinstates Bolt at airports, denies fixing taxi fares

FAAN reinstates Bolt at airports, denies fixing taxi fares

The Federal Airports Authority of Nigeria (FAAN) has cleared Bolt to resume operations at all airports under its management after reaching an operational agreement with the ride-hailing company.

The development follows growing complaints from travellers over the temporary disruption of e-hailing services at Nigerian airports, with passengers raising concerns about higher transportation costs and reduced options for getting to and from airports.

FAAN also apologised to passengers affected by the disruption, acknowledging that the temporary interruption caused inconvenience and increased transportation difficulties for some travellers.

In a statement by its Director of Public Affairs and Consumer Protection, Henry Agbebire, FAAN said it had listened to the concerns raised by passengers and made the necessary adjustments following constructive engagements with Bolt.

The authority said the agreement with Bolt provides an operational framework that allows the company to resume services while complying with requirements relating to airport security, passenger safety, accountability and orderly transportation.

FAAN’s latest announcement marks a significant development after the authority had faced mounting public criticism over restrictions affecting e-hailing operations at some of the country’s airports. FAAN had earlier maintained that it had not imposed a blanket ban on Bolt, Uber or other e-hailing platforms, but said operators needed to work within an appropriate framework for airport operations. (FAAN)

According to FAAN, airports are highly regulated environments, making it necessary for commercial transportation providers to operate under arrangements that give the authority adequate visibility over vehicles, drivers and passenger pick-ups.

READ ALSO:

The authority said it had been dealing with challenges including passenger solicitation, touting, random pick-ups, unregulated commercial transportation and concerns about safety, security and accountability.

FAAN said these challenges had become more complicated in situations where drivers operate across multiple ride-hailing platforms, prompting the authority to strengthen its oversight of commercial transportation within airport premises.

At the centre of the controversy is the Airport Car Hire Rank Management System (ACHRAMS), which FAAN introduced to bring greater structure and visibility to airport car-hire operations.

FAAN stressed that ACHRAMS is not an e-hailing application and was not created to compete with Bolt, Uber or any other mobility platform. Rather, the authority describes it as an airport-specific system for managing car-hire ranks, dispatch, identification and operational oversight within FAAN-managed airports. (FAAN)

The authority has also rejected suggestions that ACHRAMS was introduced to create a monopoly in airport transportation.

FAAN said it supports competition and does not intend to prevent passengers from choosing between different transportation providers.

The controversy intensified after passengers began complaining about the cost of airport taxi fares, particularly during the period when access to conventional e-hailing services was disrupted.

Reports from Lagos indicated that some passengers were being quoted fares as high as N30,000 for trips from Murtala Muhammed International Airport to parts of Ikeja, while travellers reported substantially lower prices through alternative ride-hailing services. (Aboki Forex)

FAAN, however, has denied claims that it fixed or introduced the airport taxi fares being discussed.

The authority said the fares existed independently of ACHRAMS and were not newly created by the system. According to FAAN, ACHRAMS merely brought greater visibility and transparency to existing airport taxi rates, making the applicable charges more apparent to passengers.

FAAN acknowledged that the comparison with the lower prices many travellers had become accustomed to through e-hailing platforms understandably fuelled public concern over the cost of airport transportation.

The authority said its actions were motivated by regulatory, safety and security considerations, rather than economic interests.

It nevertheless acknowledged that the immediate effect of the temporary disruption was significant for passengers.

FAAN therefore apologised to travellers and said it appreciated their patience and understanding while discussions with e-hailing operators continued.

The authority said the resolution with Bolt demonstrates that it is possible to maintain the integrity and security of the airport environment while preserving the convenience and freedom of choice associated with e-hailing services.

The latest development is also consistent with FAAN’s earlier position that it wanted to establish a workable framework rather than permanently exclude e-hailing companies from airports. On August 20, the authority said discussions with operators were aimed at resolving issues involving passenger safety, security, operational visibility, accountability and the management of pick-up activities. (FAAN)

Bolt’s own airport guidance already requires its drivers operating at Murtala Muhammed International Airport to comply with FAAN rules, including using designated parking areas for pick-ups and drop-offs. Bolt also warns drivers that violations of airport rules can result in penalties or vehicle impoundment. (Bolt)

Bolt’s official Nigeria platform also lists several Nigerian airports where airport transfers are available, including Murtala Muhammed International Airport, Nnamdi Azikiwe International Airport, Mallam Aminu Kano International Airport, Port Harcourt International Airport and Sam Mbakwe International Airport. (Bolt)

FAAN said it remains in discussions with other e-hailing operators and expects outstanding engagements to be concluded in the coming days.

The authority reiterated that passengers remain free to choose from available authorised transportation options that best meet their needs.

FAAN said its responsibility is to ensure that whichever authorised service passengers choose operates within a safe, secure, orderly and accountable airport environment.

The reinstatement of Bolt is expected to give air travellers greater choice and restore access to app-based transportation at FAAN-managed airports, while the authority continues efforts to regulate commercial transportation without compromising passenger safety and convenience.

FAAN assured travellers that their safety, security, convenience and overall airport experience would remain at the centre of its decisions.

FAAN reinstates Bolt at airports, denies fixing taxi fares

Loading

Continue Reading

Aviation

Keyamo Issues One-Week Ultimatum to Airlines Over Debt Repayment Plans

Published

on

Keyamo Issues One-Week Ultimatum to Airlines Over Debt Repayment Plans
Minister of Aviation and Aerospace Development, Festus Keyamo

Keyamo Issues One-Week Ultimatum to Airlines Over Debt Repayment Plans

The Minister of Aviation and Aerospace Development, Festus Keyamo, has given airlines operating in Nigeria one week to agree on realistic repayment plans with aviation agencies over their outstanding financial obligations. This directive was part of resolutions reached at an emergency stakeholders’ meeting convened by Keyamo on Thursday, August 13, 2026, to address the recent industrial dispute between aviation sector unions and some airlines. The meeting followed the temporary suspension of industrial action by aviation unions on Tuesday, August 11, 2026, which disrupted operations at some airports across the country, causing widespread concern among passengers and stakeholders. The emergency meeting was attended by representatives of airlines, aviation sector unions, and heads of aviation agencies, including the Nigeria Civil Aviation Authority (NCAA), the Federal Airports Authority of Nigeria (FAAN), and the Nigerian Airspace Management Agency (NAMA). The Minister emphasized that the era of impunity in the aviation sector is over and that airlines must take responsibility for their financial obligations while working with the government to resolve outstanding debts amicably.

According to a statement signed by the Permanent Secretary, Ministry of Aviation and Aerospace Development, Mahmud Adam Kambari, the NCAA and other aviation agencies were directed to obtain payment schedules from airlines, taking into consideration their operating costs and prevailing economic realities. The statement emphasized that the Directors of Finance and Accounts of all aviation agencies were to meet individually with the affected airlines and agree on realistic repayment plans within one week. The resolution is aimed at addressing financial obligations owed by airlines to aviation agencies while preventing the disputes from escalating into further industrial action and disruption of air travel. The Minister stressed that the repayment plans must be realistic and achievable, as the government is not interested in empty promises but in concrete actions that will restore financial sanity to the sector. Airlines that fail to comply within the stipulated timeframe would face drastic actions, including the possible grounding of aircraft and suspension of operating licenses.

READ ALSO:

The emergency meeting was convened in response to a growing industrial dispute between aviation sector unions and some airlines. The unions had threatened industrial action over issues including the unionisation of airline workers and the alleged refusal of some airlines to allow their employees to join trade unions. The dispute escalated to the point where aviation unions temporarily suspended industrial action on Tuesday, August 11, 2026, which had disrupted flight operations at some Nigerian airports, causing significant inconvenience to passengers and raising concerns about the stability of the aviation sector. The disruption had heightened fears over possible widespread cancellations and delays, prompting the Minister to intervene swiftly to prevent a full-blown crisis that could have paralyzed air travel across the country.

The stakeholders also reached an agreement on the contentious issue of unionisation among airline workers. The Minister affirmed the right of workers to decide whether or not to belong to trade unions, stressing that such decisions should be made directly by the workers rather than through airline management. Consequently, the NCAA was directed to ensure that aviation unions have direct access to workers of all airlines solely for the purpose of distributing union forms to enable employees to indicate whether they wish to unionise. The ministry warned that any airline that prevents the unions from having such direct access would face sanctions from the NCAA, including possible fines or suspension of operating licenses. This resolution represents a significant victory for workers’ rights in the aviation sector and ensures that employees can exercise their freedom of association without interference from employers.

The stakeholders further resolved that another meeting would be convened in one month to review progress made in implementing the resolutions and assess the state of the aviation sector. The statement described the resolutions as collective decisions of all parties at the meeting, emphasizing the collaborative approach taken to resolve the disputes. The Minister, while assuring stakeholders of the Federal Government’s commitment to a safe and viable aviation sector, reiterated President Bola Tinubu’s commitment to maintaining a safe, efficient, peaceful, and sustainable aviation industry. This commitment aligns with the broader agenda of the current administration to reform critical sectors of the economy and ensure the welfare of workers and the public. The Minister also noted that the government would continue to engage with stakeholders to address other challenges facing the industry, including infrastructure decay, multiple taxation, and the high cost of aviation fuel.

The latest intervention comes after the aviation unions temporarily suspended their industrial action following the disruption of flight operations at some airports on Tuesday. The dispute had heightened concerns over possible disruptions to air travel and the financial pressures facing airlines operating in the country. Airlines now have until August 20, 2026, to agree on repayment plans with aviation agencies. The Ministry has set up a task force to review the submissions and ensure compliance. Airlines that fail to meet the deadline or fail to reach acceptable repayment agreements will face sanctions, which could include suspension of operating licenses, grounding of aircraft, prohibition from accessing government facilities, and legal action to recover outstanding debts. The Ministry has also directed the NCAA to ensure that aviation unions have direct access to airline workers to distribute unionisation forms, and any airline found obstructing this process will face sanctions. This development marks a significant step in the Minister’s broader efforts to reform the aviation sector, improve financial accountability, and ensure that airlines operate within the framework of the law.

Keyamo Issues One-Week Ultimatum to Airlines Over Debt Repayment Plans

Loading

Continue Reading

Aviation

Obi Must Apologise, Pay ₦25,000 or Face FAAN Action — Keyamo Issues Ultimatum

Published

on

Peter Obi has no police escort — Spokesman replies Keyamo over CCTV video
Minister of Aviation and Aerospace Development, Festus Keyamo and Nigeria Democratic Congress (NDC) presidential candidate Peter Obi

Obi Must Apologise, Pay ₦25,000 or Face FAAN Action — Keyamo Issues Ultimatum

The Minister of Aviation and Aerospace Development, Festus Keyamo, has issued a seven-day ultimatum to Nigeria Democratic Congress (NDC) presidential candidate Peter Obi, demanding a public apology and payment of a ₦25,000 fine over a parking violation at Abuja’s Nnamdi Azikiwe International Airport. Keyamo’s demand follows an internal investigation he ordered after Obi publicly claimed his vehicle was unjustly clamped as part of a political persecution campaign by the Federal Government. The minister released CCTV footage which he says contradicts Obi’s account, insisting the former Anambra governor violated airport regulations and then used his influence to evade the prescribed fine. In a statement posted on his X page, Keyamo declared that what had emerged was a clear case of an opposition candidate trying to whip up unnecessary sentiments for a wrong he and his driver committed.

According to the minister’s detailed narrative, the incident occurred on July 4, 2026, and the CCTV footage tells a very specific story. Obi arrived at the domestic terminal at approximately 8:28 p.m., driven by a police officer, and entered the building with two other occupants. The police driver then parked the vehicle in a designated drop-off zone—almost blocking the entrance—and also left the vehicle unattended. The driver briefly returned at about 8:32 p.m. to retrieve an item but abandoned the vehicle again. Airport security personnel then clamped the tyres, with Keyamo insisting nobody knew the vehicle belonged to Obi at the time. When the driver discovered the clamp, he contacted Obi, who spoke with an airport manager and requested the vehicle’s release—which was granted without payment of the ₦25,000 fine. Keyamo emphasised that the vehicle remained unattended for about 30 minutes in a restricted zone, describing this as a security risk under global airport standards.

READ ALSO:

However, the Peter Obi Media Office and the Obidient Movement have strongly rejected Keyamo’s narrative, accusing the minister of releasing poorly edited propaganda and manipulating CCTV footage to criminalise the opposition leader. They have raised several counter-claims that directly challenge the minister’s version of events. On the timing dispute, the Obidient Movement argues that timestamps on Keyamo’s own footage show Obi’s vehicle arriving at 20:28 and being clamped at approximately 20:34—six minutes, not thirty. The group accused Keyamo of zooming into the seconds display to confuse viewers into believing they were looking at the minute counter. On the identity of the driver, Obi’s spokesman, Idris Zekeri Jnr, stated that Peter Obi does not have any police or civil defence personnel attached to him in Abuja, challenging Keyamo’s reference to a “police driver”. Obi’s camp also claims the incident Keyamo publicised is entirely different from the one Obi narrated during his interview, suggesting a pattern of targeting the opposition figure. Furthermore, both the Obidient Movement and Obi’s media office insist other vehicles were parked in the same area without being clamped, pointing to selective enforcement targeting Obi. They also questioned why Keyamo showed no similar enthusiasm in investigating high-profile incidents involving Adams Oshiomhole and KWAM 1—known associates of the President.

The Presidency has weighed in on the matter, with presidential spokesman Bayo Onanuga backing Keyamo’s position. Onanuga stated that the evidence completely debunked Obi’s falsehood that he was unduly targeted and persecuted, insisting that he and his police driver broke a simple parking rule at the Airport.

Keyamo has made two formal demands, warning that failure to comply within seven days would prompt him to direct the Federal Airports Authority of Nigeria (FAAN) to take further action. First, Obi must tender an unreserved, public apology to the airport workers he accused of persecution. Second, Obi must voluntarily return to the airport and pay the ₦25,000 fine for wrongful parking, which he allegedly evaded through influence peddling. The minister declared that Obi cannot be bigger than the law.

Meanwhile, legal analyst Ekemini Udim, a Senior Partner at Justice Chambers, has questioned the minister’s authority to impose a fine, arguing that Keyamo is not a court of law. Udim cited a Court of Appeal decision which held that the Federal Road Safety Commission cannot impose fines without taking offenders before a magistrate’s court, arguing the same principle should apply to FAAN. Furthermore, he noted that under the principle of criminal liability, it is the person who commits the offence that should be made to pay for the offence—suggesting that if Obi was not the driver, he cannot be held personally liable.

Obi Must Apologise, Pay ₦25,000 or Face FAAN Action — Keyamo Issues Ultimatum

Loading

Continue Reading

Trending