RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Business

UK Agrees to Discuss Air Peace Slot Allocation at Heathrow 

Victoria Attah by Victoria Attah
October 22, 2024
in Business, company news
Reading Time: 2 mins read
A A
0
Air Peace Chairman Raises Concern Over Delay in Accessing $14 Million Held by CBN
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

In a significant development, UK aviation authorities have agreed to open discussions regarding slot allocation for Nigeria’s flagship carrier, Air Peace, at London’s Heathrow Airport. This decision follows a formal request by Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, in a letter sent in September 2024.

Keyamo’s move came after the Nigerian government hinted at potential retaliation against UK airlines operating at Lagos and Abuja airports if Air Peace was not granted access to Heathrow slots. The UK’s Secretary of State for Transport, Louise Haigh, responded positively, agreeing to address the issue at the upcoming International Civil Aviation Negotiations (ICAN) event later this month.

AlsoRead

FAAN Engages International Airlines on Improved Airport Operations and Passenger Experience

Cement Prices Climb to N12,000 per Bag as BUA Points to Forex and Energy Challenges

End Times : Standard Chartered to Cut Over 7,800 Jobs Worldwide Due to AI

Air Peace has long sought landing slots at Heathrow since obtaining its UK Third Country Operator authorization. The airline’s chairman, Allen Onyema, has called for equal treatment under the bilateral air services agreement between the two nations, arguing that Nigerian carriers should have the same opportunities as British airlines flying into Nigeria.

The current situation echoes a similar dispute in 2011 when Nigeria threatened to revoke British airlines’ access to Nigerian airports after Arik Air failed to secure Heathrow slots. Though that conflict was eventually resolved, the negotiations surrounding Air Peace are now crucial for ensuring reciprocal treatment.

Air Peace remains the only Nigerian airline certified to operate in the UK, and securing a slot at Heathrow would represent a major achievement. The outcome of the upcoming discussions could pave the way for enhanced cooperation between Nigeria and the UK in the aviation sector, promoting fair competition and mutual benefits for both countries.

As the ICAN event draws near, both Nigerian and UK officials will be looking to reach an agreement that balances the interests of both nations’ aviation industries.

In a related event, Legit.ng reported that a Xejet Airlines aircraft skidded off the runway at Lagos airport due to rainy weather conditions. Fortunately, all 52 passengers and crew members on board were unharmed.

Tags: Air PeaceHeathrow slot allocation
Previous Post

Nigeria Loses N13 Trillion to Forex Subsidy, Says World Bank

Next Post

FG Approves ExxonMobil’s $1.28 Billion Asset Sale to Seplat After Two-Year Delay

Related News

Airlines Implement Time-Saving Strategies for More Efficient Operations

FAAN Engages International Airlines on Improved Airport Operations and Passenger Experience

by Victoria Attah
May 25, 2026
0

The Federal Airports Authority of Nigeria (FAAN) has held a high-level meeting with members of the International Airlines Association of...

Dangote Cement to pay N340 dividend to shareholders.

Cement Prices Climb to N12,000 per Bag as BUA Points to Forex and Energy Challenges

by Victoria Attah
May 25, 2026
0

The price of a 50kg bag of cement in Nigeria has risen to N12,000 in several states, intensifying concerns over...

Standard Chartered Bank Job Opening: Data Analyst

End Times : Standard Chartered to Cut Over 7,800 Jobs Worldwide Due to AI

by Victoria Attah
May 21, 2026
0

Standard Chartered Bank has announced plans to eliminate more than 7,800 jobs globally as it accelerates the adoption of Artificial...

Access Bank cuts PTA and BTA to $2,000 per application.

Access Bank Has Strong FX Liquidity to Service $1bn Debt Maturity – Fitch Ratings

by Victoria Attah
May 20, 2026
0

Fitch Ratings has affirmed that Access Bank Plc maintains sufficient foreign currency liquidity to comfortably meet its upcoming $1 billion...

Next Post
Seplat vows to complete $1.3 billion ExxonMobil acquisition.

FG Approves ExxonMobil’s $1.28 Billion Asset Sale to Seplat After Two-Year Delay

Leave a Reply Cancel reply

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

Recommended

Airlines Implement Time-Saving Strategies for More Efficient Operations

FAAN Engages International Airlines on Improved Airport Operations and Passenger Experience

May 25, 2026
FMDQ Exchange Records N21.70 Trillion Secondary Market Turnover in October

FMDQ Turnover Hits $180.85 Billion as Trading Volume Surge

May 25, 2026

Popular Story

  • Nigeria’s Debt to China Surges by $800 Million in One Year

    31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • The Dollar Rose To Its Highest in Nearly Three Years Versus The Yen

    0 shares
    Share 0 Tweet 0
  • Stock market reverses gaining streak as index drops by 0.4%

    0 shares
    Share 0 Tweet 0
  • Bitcoin Whale Moves Over $600,000,000 in BTC

    0 shares
    Share 0 Tweet 0
  • Rising Drug Prices Blamed on Naira devaluation and Inflation, Pharmacists Reacts

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>