The Global Aviation Maintenance Repair Overhaul (MRO) Logistics Market size was estimated at $ 2,664 million in 2022 and is expected to reach $11029 million in 2030 and projected to grow at a CAGR of 17.10% During Forecast Period 2022-2030.
 
The lack of functional aircraft maintenance facilities otherwise known as Maintenance Repair Overhaul (MRO) cost Nigeria $2.5 billion in 2021 in MRO investments in neighbouring countries like Ethiopia, Morocco, Egypt, United Arab Emirates, South Africa, and other nations with advanced maintenance facilities according to the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Capt. Rabiu Yadudu.
 
More details at:
https://www.newtelegraphng.com/mro-nigeria-takes-back-seat-as-market-size-approaches-110bn
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No fewer than 5,323,905 passengers passed through Nnamdi Azikiwe International Airport, Abuja, between January and December 2021. This shows a 37.23 per cent increase from 2020.
 
He further said that in 2018, the International Civil Aviation Organization audited the airport and certified it safe for flight operations with a 96 percent score, noting that the recertification process was ongoing.
 
“The trajectory of progress has been upward ever since, as passengers and stakeholders have commended the level of facilities and service delivery at the airport. As a testament to this, the airport was adjudged the Best Airport in Safety for the year 2018 by Airport Council International, Africa Region. The airport also received ACI’s Airport Service Quality Award in the year 2020, amongst several others.
 
More details at:
https://punchng.com/abuja-airport-hosted-five-million-passengers-in-2021-faan

Airports in Nigeria had 15.8 million passengers passing through them in 2021, a 69 percent rise in air passenger rate, according to the Federal Airports Authority of Nigeria (FAAN).
 
The Managing Director of FAAN, Capt. Rabiu Yadudu who spoke at the 2022 Airline and Airport Business Summit, said the growth of air transport statistics has improved rapidly after the COVID-19 pandemic, disclosing that the passenger figure rose from 9.3 million in 2020 to 15.8m in 2021, showing an increase of 69% while aircraft movement increased by over 46% after the COVID-19.
 
On cargo movement, Yadudu said 191,000 tons of cargo were recorded in 2020, but rose to 381,000 tons in 2021, adding that the authority is working with other stakeholders in the air cargo logistics value chain to improve cargo export.
 
More details at:
https://dailytrust.com/nigerian-airports-processed-15-8m-passengers-in-1-year
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Nigeria’s leading airline, Air Peace, has concluded plans to extend its wings to Guangzhou, China, and Mumbai, India, with scheduled flight operations this month. The airline has also disclosed that Israel will soon join its international network.
 
Olisa stated that these new destinations were further testimony to the airline’s determination to connect Nigerians seamlessly to other parts of the world and deepen socio-economic ties between Nigeria and both countries.
 
More details at:
https://dailytrust.com/air-peace-begins-direct-flight-to-china-next-week

It is estimated that politicians may spend over $500 million on aircraft charter services for the 2023 election when the Independent National Electoral Commission (INEC) gives a go-ahead for electioneering campaigns.
 
That is half of what was projected that All Progressives Congress (APC) and the Peoples Democratic Party (PDP) would spend during the campaigns for the 2019 election, put at $243 million. According to sources involved in charter operations, the 150 in addition to few privately owned aircraft were even more than the demand by the political parties because of the low-key campaigns.
 
But the normal cost of charter service prices four years ago was from $4,500 to $7000 per hour. This means that each aircraft makes an average of 90 operations in a month at an estimated cost of $6000 per trip.
 
More details at:
https://www.thisdaylive.com/index.php/2022/07/08/private-jet-charter-services-gears-up-for-big-business-in-2023/

At least 17 airports under the management of the Federal Airports Authority of Nigeria that are currently not up for concession are going to be given to concessionaires, the Federal Government announced on Thursday.
 
It also announced that the country’s civil aviation regulations were currently being reviewed for unbundling in order to make the entry requirements for aviation investors much easier. The Minister of Aviation, Hadi Sirika, who disclosed this at the ongoing National Aviation Conference in Abuja, stated that aside from the current concession of Nigeria’s major international airports, other airports would follow suit.
 
More details at:
https://punchng.com/fg-plans-17-airports-concession-to-unbundle-aviation-regulations/

Over 15 million passengers passed through Nigerian airports in 2021, according to the National Bureau of Statistics (NBS). The 15,225,627 passenger traffic recorded amounts to a combined growth of 101.02 per cent in domestic and international travel.
 
The data, which was released last week by the Federal Airports Authority of Nigeria (FAAN), verified and validated by NBS, showed that the total number of international passengers, who passed through Nigerian airports was 2,219,146, as against 1,408,026 passengers in 2020.
 
This represents a 57.61 per cent growth rate. In 2021, the total number of domestic passengers who passed through Nigerian airports was 13,006,481 as against 9,069,295 in 2020, which represents a 43.41 per cent growth rate. The number of arrivals in 2021 stood at 6,533,740, which was higher compared to 4,870,072 in 2020…
 
More details through:
https://www.newtelegraphng.com/nigerian-airports-record-15m-passenger-traffic-in-2021/
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The National Bureau of Statistics (NBS) says about 13 million passengers travelled through Nigerian airports in 2021. The figure represents a growth rate of 43.41 per cent from 9 million recorded in 2020. The NBS disclosed this in its recent Air Transportation report for 2021, released on Wednesday…
 
More details through:
https://www.thecable.ng/nbs-travellers-through-nigerian-airports-increased-by-43-to-13m-in-2021

EMIRATES Airlines has concluded plans for additional flights to its existing Lagos daily services, effective July 1, 2022. In a statement, the airline said the move was in recognition of the strategic importance of the vibrant Nigerian market, adding that the company was ramping up its services to the country.
 
The statement read in part, “Emirates is offering customers increased connectivity to and from Lagos and Abuja, to Dubai and beyond to the airline’s global network of over 120 destinations. Starting from 1 July, Emirates will add additional flights to its existing daily service to Lagos, taking its weekly flight count to 11, helping meet demand in and out of the market and providing customers in Nigeria more access to Dubai and onwards to its global network…
 
More details through:
https://punchng.com/emirates-to-increase-lagos-abuja-flights/

The International Air Transport Association says air travel in Nigeria and other African countries grew by 34.7 per cent in February.
 
The Geneva-based trade association representing over 230 international/global airlines said Africa posted a strong rebound in February 2022 compared to January 2022 while Omicron-related impacts moderated outside of Asia. It added that the war in Ukraine, which began on 24 February, did not have a major impact on traffic levels…
 
More details through:
https://punchng.com/air-passengers-grow-by-34-in-nigeria-others-iata/