Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Difficult moment for Nigerian airlines

Lagos, Nigeria - Among the reasons: raise in the cost of fuel, cut of subsidies and naira devaluation

These are not the best times for Nigerian airlines. Virtually all of them are distressed. The distress is the product of a combination of factors. Like the situation in the global industry, surging price of crude oil has raised operational cost of 100%. The cost of fuel sometimes account for as high as 40% of the operational cost of the airlines. Nigerian carriers, like their counterparts in developed...

AVIONEWS - World Aeronautical Press Agency - 1117653
Rome, Italy, 05/26/2010 16:53
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesGatwick (2). The terminal has also reopened to passengers

The post on X confirms it

The London-Gatwick Airport company has published a post on X that confirms: "The earlier security alert has now been resolved and cleared by police. The South Terminal is reopening to staff and will be... more

Civil aviationSolarig Spain invests €1.15 billion to produce SAF aviation fuel

New plant in Teruel, Aragon, with capacity of over 75,000 tons per year

Equivalent to 33,000 flight connections between Zaragoza and London (considering a 50% sustainable fuel mix) more

AirlinesLOT Polish Airlines adds Malta to its European route network

Inaugural flight in April 2025 four times a week

LOT Polish Airlines, a member of Star Alliance, is continuing the expansion of its European route network and will start serving Malta from Spring 2025. Following the inaugural flight on 16th April 2025,... more