Airline stocks dip in wake of Brexit decision

Airline stocks were among the many casualties of the UK’s decision to pull out of the European Union, with investors apparently anxious about how the move will dampen Transatlantic travel. American Airlines, part of a joint venture with British Airways that allows the carriers to share revenue and coordinate schedules and …

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8 Things Visitors are Forbidden to do at the Benin Palace

  The royal house of Benin is one of the most famous in Africa and the world at large. Yearly, tourists and visitors troop to the ancient city located in Edo state,Nigeria to see the palace which holds the rich history of ancient royalty. Although not all are granted audience …

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AMCON seizes assets of Afrijet Airlines over N10b debt

The Asset Management Corporation of Nigeria (AMCON) on Friday took over the assets of Afrijet Airlines Ltd,, owned by Chief Vitalis Ibe, over an unpaid debt of almost N10 billion. Mr Jude Nwauzor, Head, Corporate Communications, AMCON, said the takeover was based on an interim injunction granted against the airline …

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Ethiopian Airline begins Enugu-New York flights

Ethiopian Airline will begin three-days-a-week flights from Enugu to New York in the United States of America (U.S.A) today to enhance business in the Southeast. The airline’s Group Chief Executive Officer, Mr GebreMariam Tewolde, announced this yesterday at the 70th anniversary of Ethiopian Airline in Enugu. Tewolde said the airline …

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Ethiopian, the Second Airline in the Star Alliance Group and First in Africa to take delivery of the A350 XWB

Ethiopian Airlines, the fastest growing and the largest African airline, is only the second airline in the Star Alliance network after Singapore Airline to take delivery of the A350XWB. It is one of the most enjoyable, technologically innovative and fuel-efficient aircraft in the market today. The A350 XWB provides exceptional …

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Emirates Airline Suspends Its 2nd Daily Flight From Nigeria To Dubai

There has been a speculation sometime now as travel agents complained that they were unable to book their clients travelling from Nigeria to Dubai via Emirates. A confirmation came this afternoon via a mail sent by Emirates Airlines and social media after @emiratesSupport on twitter responded to a question from …

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NAAPE reacts to probe of Aviation intervention fund

The National Association of Aircraft Pilots And Engineers, NAAPE, has claimed that some of the money given to airlines like Air Nigeria from AFRIEXIM were diverted to other businesses while airlines like Aero contractors that were meant to get money for buying new aircrafts only got the interest of existing …

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