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Tag: FAAN
Credit Rating Factors for the Airline Industry
The General Framework considered by Credit Rating Agencies (CRAs) when it comes to Industrial Companies and/or all sectors are divided into two. The first is the fundamental business risk analysis.…
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FAAN Disrupts Airlines’ Operations over Debts
The Federal Airports Authority of Nigeria (FAAN) recently disrupted the operations of airlines indebted to the agency by delaying the operations of two airlines at the Nnamdi Azikiwe International Airport,…
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FAAN To Ban Non-compliant VIPs from airports
The Federal Airports Authority of Nigeria has asked all very important personalities to obey all COVID-19 protocol at the nation’s airports or risk being denied access to any of its…
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Airlines Anticipate FG Support ,as intervention commences next January
Domestic airlines have completed the necessary documentation for loan request at the Central Bank of Nigeria (CBN), which the apex bank is offering to the airlines at five per cent…
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Covid-19: Ex-Zamfara gov, Yari, allegedly assaults airport official
Former Zamfara State Governor, Abdulaziz Yari, has allegedly assaulted an environmental officer enforcing the COVID-19 protocol put in place to curb the spread of the dreaded virus at the…
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As Flight Operations Resume, Airlines witness Low Passengers’ Turnout
The resumption of scheduled domestic flight operations yesterday was marked by low turnout of passengers. However, as domestic airline operators returned to the skies, the Director-General, Nigerian Civil Aviation Authority…
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Airports Will reopen when safe – NCAA
Approval by the Federal Government for the resumption of domestic flights will only be given when it is safe to open the airports and airspace to commercial operations, the Nigerian…
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FAAN Moves Headquarters To Abuja
The Federal Airport Authority of Nigeria (FAAN) has announced that it has moved its headquarters to the Federal Capital Territory, Abuja. The service organization statutorily charged to manage all Commercial…
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Arik Air Prepares For Post-COVID-19 Operations
Arik Air, one of Nigeria’s indigenous airlines on Saturday in Abuja said that it was preparing to resume operations after the COVID-19 crisis, assuring that the airline would offer better…
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