Trending

Friday 31st October, 2025

Business

BREAKING: Airline Operators Suspend Planned Withdrawal Of Services  

Posted by: Roland Osakwe | May 8, 2022




The Airline Operators of Nigeria (AON) has suspended its planned withdrawal of air services from Monday, May 9, 2022 over the rising cost of aviation fuel, also known as Jet A1.

 

The AON had on Friday announced the plan to suspend its services, saying the N700 per litre cost of Jet A1 has increased the operating cost of member-airlines.

 
According to AON, while aviation fuel cost about 40 per cent of an airline’s operating cost globally, the present hike has shut up Nigeria’s operating cost to about 95 per cent.
( leadership)
Advertisement

Headline News in Business

Other News in Business

15% fuel import tariff will worsen hardship, says Delta APC chieftain

15% fuel import tariff will worsen hardship, says Delta APC chieftain

A chieftain of the All Progressives Congress in Delta State, Chief Ayiri Emami, has faulted Presid…

Foreign Investment: Bayelsa, CCECC Partner on Road, Agric, Mass Housing Projects

Foreign Investment: Bayelsa, CCECC Partner on Road, Agric, Mass Housing Projects

Bayelsa State’s drive to grow its economy through foreign investment got another boost at the wee…

. "Delta Governor Oborevwori Heads to Germany for Key Talks with Julius Berger"

. "Delta Governor Oborevwori Heads to Germany for Key Talks with Julius Berger"

Delta State Governor, Rt. Hon. Sheriff Oborevwori, will on Tuesday depart for Germany on an offici…