Nigeria to issue tickets in USD

Nigeria to issue tickets in USD

From April 19, 2022 airlines on APG Interline Electronic Ticketing Agreements (IET) GP code 275 will start issuing tickets in US Dollars and not in Nigerian currency (Naira). This new policy according to the group is a result of the difficulty in repatriating...
Kenya Airways defaults on $216 million loan

Kenya Airways defaults on $216 million loan

Kenya’s national carrier, Kenya Airways is unable to repay loans from the country’s treasury. It is unable to repay interest on a $216 million (Sh25 billion) loan owed to the government in the year ended December. The loans were obtained by the airline in the face of...
Africa aviation future is consolidation

Africa aviation future is consolidation

Shifts towards new market policies, airline behavior, operation models, and governance are clearly pointing towards a consolidated African aviation sector.  Accelerated by the pandemic, what were once loose discussions around the formation of mutual pan-African...