LAGOS JULY 19TH (NEWSRNAGERS)-A major technology outage grounded flights, hampered public transit systems and disrupted operations at banks and hospitals around the globe Friday in an incident a cybersecurity firm blamed on a faulty system update. CrowdStrike, a U.S. firm that advertises being used by over half of Fortune 500 companies, said one of its…
LAGOS OCTOBER 10TH (NEWSRANGERS)-The Federal Government has stated that it will soon issue an order, compelling airline operators to commence payment of compensation to passengers for delayed and cancelled flights not ‘caused’ by natural occurrences. The Minister of Aviation and Aerospace Development, Festus Keyamo, said this during a meeting with airline operators in Abuja on…
LAGOS AUGUST 28TH (NEWSRANGERS)-Nigeria’s Central Bank released $265 million to airlines to settle outstanding ticket sales, it said in a statement on Friday. Airlines have said they have millions trapped in Africa’s most populous nation due to an inability to access the foreign exchange repatriate funds. Dubai’s Emirates has said it will suspend its service…
LAGOS MARCH 3RD (NEWSRANGERS)-Passengers have been experiencing massive flight disruptions over scarcity of aviation fuel known as Jet A1, Daily Trust report. Apart from the scarcity, the product also hit N440 per litre this week and there are indications the price could increase further in days ahead. Our correspondent learnt that many airlines have been…
LAGOS JANUARY 26TH (NEWSRANGERS)-Poor passenger patronage has led to a sharp decrease in airfares. There is hardly any fully loaded aircraft as with the airlines’ fate hangs in the balance. October, November and December last year witnessed astronomical airfares –between 100 per cent and 150 per cent. Now, fares to most cities, particularly Abuja and…