Category : Search result: airline VAT


FG: New Tax Laws to Support Airlines, Not Harm Them

The Presidential Tax Committee clarifies that new tax reforms will aid Nigerian airlines by removing burdensome charges and improving cash flow, countering Air Peace CEO's warning of soaring fares.

NCAA secures N1bn passenger refunds in 2025

Nigeria's NCAA facilitated over N1 billion in passenger refunds in 2025, marking its highest-ever volume. The authority credits stricter enforcement and 24/7 consumer support for the shift.

Mexican budget airlines Volaris and Viva agree to merge

Volaris and Viva, two leading Mexican low-cost carriers, have agreed to merge, pending 2026 regulatory approval. The deal aims to expand affordable air travel in Mexico amid industry turbulence. Read the full details.

Man Pays N200k for Air Peace Flight, Criticises Service

A Nigerian man, Sammie, shares his experience flying Air Peace for N200,000. He criticises being served water in a plastic cup and an all-white crew on the one-hour flight. Read his full story and public reactions.

FAAC Revenue Falls by N428bn, N1.93trn Shared

FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.

Court Stops Sale of Embraer Jet, Orders Show Cause

A Federal High Court in Abuja has issued an interim order restraining the sale of an Embraer EMB-145LR aircraft. Justice M. A. Madugu granted the order and gave defendants seven days to respond. Read the full details.

ValueJet Graduate Trainee Programme 2025: Apply Now

ValueJet Airline invites Nigerian graduates to apply for its 2025 Graduate Trainee Programme. Gain hands-on aviation experience, mentorship, and career growth. Applications close 31 December.

Bank CEO Calls for $25bn Aviation Fund in Nigeria

Fidelity Bank CEO Nneka Onyeali-Ikpe urges the Federal Government to create specialised funding from the CRR to bridge Nigeria's $25 billion aviation finance gap and support fleet growth.

Tesla Sets New Sales Record in Norway

Tesla's sales surge 34.6% in Norway, setting a new annual record, while facing a sharp decline across the EU. Read about the factors driving this Nordic success story.

Trump Closes Venezuela Airspace Amid Tensions

US President Donald Trump declares Venezuela airspace closed as military tensions escalate. Six major airlines suspend flights amid security concerns. Read full details.

Trump closes Venezuela airspace in major escalation

US President Donald Trump has declared Venezuela's airspace closed, escalating tensions with Nicolas Maduro. Major airlines have suspended flights, disrupting regional travel. Read the full details.

Airbus A320 Software Update Causes Flight Chaos

Global air travel faces major disruptions as Airbus mandates urgent software upgrades for up to 6,000 A320 aircraft following a safety incident. Learn how this affects Nigerian travelers.

Venezuela bans 6 airlines over security dispute

Venezuela bans Iberia, TAP, LATAM and 3 other airlines for suspending flights over US military activity. Over 8,000 passengers affected as Portugal calls move 'disproportionate'.

98% of Nigerian Workers Exempt from Income Tax

Nigeria's new tax reforms will exempt 98% of workers from personal income tax starting January 2026. Learn how SMEs and low-income earners benefit from VAT exemptions and other incentives.

Lufthansa Bids for TAP Stake, Rivaling Air France-KLM

Germany's Lufthansa has officially entered the race to acquire a stake in TAP Air Portugal, competing with Air France-KLM. Discover how this move impacts European aviation and TAP's strategic routes to Brazil and Africa.

NCAA fines Qatar Airways N5 million for violations

Nigeria's aviation authority imposes N5 million fine on Qatar Airways for repeated consumer protection breaches and failure to respond to investigation letters. Learn more about the regulatory action.

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