IATA says airlines will post $39bn loss in Q2

April 1, 2020

BA mulls booking flexibility, strengthens NDC platform to attain IATA 20% indirect booking target

The International Air Transport Association says airlines may burn through $61bn of their cash reserves during the second quarter ending 30 June, 2020 while posting a quarterly net loss of $39bn. The association said on Tuesday that the new analysis was based on the impact assessment it released last week, under a scenario in which […]

Lagos hotels closing up

Samson EchenimMarch 31, 2020

  Several hotels in Lagos, Nigeria’s biggest business hub have shut down over growing coronavirus concerns. Travels & Hospitality monitored the development and found many hotels have closed down temporarily, while those left open continue to operate at skeletal level. Hotels which have temporarily shut down include Stopover Motel, a four star hotel on Airport […]

40% of companies expect business travel to rebound in 3 months

Samson EchenimMarch 31, 2020

40% of companies expect business travel to rebound in 3 months

A new lightning poll conducted by the Global Business Travel Association (GBTA), which surveyed members from 1,155 companies between March 18-21, has shown that 40 percent of company CEOs expect business travels to peak up again in three months after the coronavirus crisis. A surprising 40 percent of those surveyed said that they expect business […]

Nigerian airlines defy FAAN suspend operations, local airports shut down

Samson EchenimMarch 31, 2020

Nigeria restricts international flights to Lagos, Abuja as NCAA suspends inspections on aircraft

Virtually all Nigerian airlines, Arik Air and Dana Airline, Aero Contractors, Azman and Max Air have all suspended scheduled commercial flight operations, despite claims by the Federal Airports Authority (FAAN) that local flights could continue unhindered. FAAN had in a statement indicated that Nigerians could still travel within the country by air after all international […]

Arik, Dana airlines suspend operations

Samson EchenimMarch 26, 2020

Nigerian airlines, Arik Air and Dana Airline have suspended scheduled commercial flight operations. Arik Air on Wednesday announced a temporarily suspension of all scheduled commercial flight operations effective 23:00hrs on Friday, March 27, 2020. The management of the airline took this decision in order to mitigate the risk of the spread of Coronavirus (COVID-19) to […]

No COVID-19 patient at our facilities —Hotel du Golf

Samson EchenimMarch 25, 2020

The management of Hotel Du Golf in Aba, Abia State has refuted a report trending on social media which alleged that a Lebanese guest at the hotel was diagnosed with the dreaded coronavirus, saying the report was a fake news circulated by some unscrupulous elements to cause panic at the hotel and in the state. Olamilekan […]

Air Peace suspends operation after coronavirus scare

Samson EchenimMarch 25, 2020

Air Peace suspends operation after coronavirus scare

West Africa’s largest carrier by fleet, Air Peace has announced that it would suspend operation on Friday, March 27, 2020. The airline is suspending operation after a coronavirus scare video trended on social media that the airline had on its flight, a passenger with symptoms of coronavirus. The airline has however, denied the allegation, clarifying […]

We’ve lost over N180bn to coronavirus, Nigerian travel agencies cry out

March 25, 2020

Nigerian airlines defy FAAN suspend operations, local airports shut down

By: Samson Echenim   …as Lagos international airport sees fewer travellers   Travel agencies in Nigeria say they have lost over N180 billion following the outbreak of the coronavirus. The National Association of Nigerian Travel Agencies (NANTA),an umbrella body of the travel agents operating in Nigeria, put the losses incurred by its members at N180 […]

Coronavirus: Nigeria goes against the tide, exports back to China

March 21, 2020

By Samson Echenim   Global air cargo demand down 3.3%‭ ‬   Nigeria is doing massive exportation of nose masks, thermometer and medical test materials to China through air transport. Exportation of these materials is currently the big business at the cargo section of the Murtala Mohammed International Airport in Lagos. Business a.m. also gathered that […]

Coronavirus: Nigeria’s aviation industry to lose N160bn, 22,200 jobs

March 20, 2020

Nigeria may shut down Lagos, Abuja airports says Sirika

The disruption to air travel due to the continued spread of coronavirus will cost Nigeria’s aviation industry over N160.58bn (using Bureau de Change rate of N370 to $1) ($434m) in revenue and 22,200 jobs, the International Air Transport Association has said. IATA said on Thursday that the country would also lose approximately 2.2 million passengers. […]