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Somalia Airlines Suspend Flights Over Government Fee Hike

ByAdmin

Somalia Airlines Operators Association, representing the interests of Somalia’s airline industry, has announced the suspension of all domestic and international flights starting January 22, 2025. This decision comes in response to a sharp increase in fees imposed by the federal government, which the association deems unsustainable for continued operations.

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Aero Contractors Urges Interest Rate Reversal to Benefit Nigerian Airlines

ByAdmin

Aero Contractors (Nigeria) CEO Ado Sanusi has urged the Federal Government to reverse the current high interest rates affecting businesses in the country. Sanusi emphasized that a reduction in interest rates is crucial for Nigerian airlines to fully benefit from the Cape Town Convention protocol, which aims to facilitate asset-based financing and leasing for aircraft.