ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly
No Result
View All Result
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Business Travels Aviation

NAMA says it has no plans to sanction debtor airlines

Business 360 by Business 360
November 26, 2020
in Aviation
0
NAMA says it has no plans to sanction debtor airlines

In an effort to reduce the hardship on the travelling public as debtor airlines have commenced payment. Managing Director of the Nigerian Airspace Management Agency (NAMA) Capt. Fola Akinkuotu says the agency has no intention to ground debtor airlines in the nation’s Aviation Sector.

According to him, the Agency’s implementation of its Pay As You Go policy which was earlier proposed as a result of huge debts owed the agency by airlines is yet to be implemented.

He was speaking in an interview with Newsmen where he explained that the airlines have not met with NAMA but from meetings held between the new executives of Airline Operators of Nigeria and sister agencies in the industry, it was resolved that airlines were ready and eager to pay their debts and not to owe further debts.

Akinkuotu said NAMA was not interested in shutting down the airlines so that they can operate and pay their outstanding bills.

“We can’t slow down aviation especially with the current economic situation on the ground. If we do that, the airlines will suffer and cause inconveniences to passengers. How will they pay if they don’t operate”

In preparation for seamless flight operations, the Chief executive officer of NAMA said there will be seamless operations especially during the harmattan period as necessary equipment has been installed and calibrated at various airports for easy take-off and landing.

He added that though major airports have been calibrated, calibration according to him remained a continuous thing.

Source: The Nation

Previous Post

Court remands Senator Ndume in prison, orders sale of property to raise N500m bail bond

Next Post

Covid-19: Germany Christmas rules

Business 360

Business 360

Next Post
Covid-19: Germany Christmas rules

Covid-19: Germany Christmas rules

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
COVID-19: Churches comply with strict measures as worship centres reopen in Lagos

COVID-19: Churches comply with strict measures as worship centres reopen in Lagos

August 10, 2020
COVID-19: Maize Farmers cut down production by 30%

COVID-19: Maize Farmers cut down production by 30%

July 15, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Ethiopian Airlines assures Air Travelers of planned resumption of flight to Kano and Enugu

Ethiopian Airlines Inaugurates a second Aviation Academy Campus in Hawassa

February 7, 2023
Access Bank introduces the “Love is More” campaign for Valentine Season to celebrate its customers.

Access Bank introduces the “Love is More” campaign for Valentine Season to celebrate its customers.

February 7, 2023
NECA predicts business shutdown over naira crisis

NECA predicts business shutdown over naira crisis

February 6, 2023
Hikes in Airfares: NANTA urges government to partner with more indigenous airlines to explore more international routes

Hikes in Airfares: NANTA urges government to partner with more indigenous airlines to explore more international routes

February 6, 2023
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • AI
  • Art
  • Arts
  • Aviation
  • Blockchain
  • Business 360 Weekly
  • Business Travels
  • Capital Market
  • Corporate
  • Destination Business
  • Economy
  • Education
  • Electric Vehicles
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • Fashion
  • Fashion
  • Finance
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • News
  • NGOs
  • Political Economy
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tech
  • Tourism
  • Transportation
  • Uncategorized
  • World

Recent News

Ethiopian Airlines assures Air Travelers of planned resumption of flight to Kano and Enugu

Ethiopian Airlines Inaugurates a second Aviation Academy Campus in Hawassa

February 7, 2023
Access Bank introduces the “Love is More” campaign for Valentine Season to celebrate its customers.

Access Bank introduces the “Love is More” campaign for Valentine Season to celebrate its customers.

February 7, 2023
  • Africa
  • World
  • Our Shows

© 2022 Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • News
  • Markets
    • Stocks
  • Finance
  • Economy
    • Political Economy
    • Energy
    • Maritime
    • Agribusiness
    • Insurance
    • Real Estate
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
  • Sports
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Business Travels
    • Aviation
    • Tourism
    • Hospitality
  • Lifestyle
    • Art
    • Entertainment
    • Fashion
    • Luxury
  • NGOs
  • Business 360 Weekly

© 2022 Business 360 News - Business, Finance And SMEs News | Design by Manifest!