News

Forum moderated by Sindy Foster and Dr. Alex Nwuba highlighted structural cost pressures — such as fuel, lease, maintenance, and airport charges — that keep airfares high, using international comparisons to explain why smaller fleets and limited routes raise unit costs for African carriers.

Foster, as Managing Partner at Avaero Capital Partners, explained how limited operational aircraft and industry inefficiencies drive up air ticket prices in Nigeria, noting that capacity constraints and cost recovery imperatives keep fares high.

Sindy Foster, Principal Managing Partner at Avaero Capital Partners, contributes to a broader industry discussion on Nigeria’s airfare debate, emphasising that rising fares reflect systemic operational and economic pressures rather than the actions of any single stakeholder.

This article examines the December airfare spike in Nigeria, featuring analysis from Sindy Foster of Avaero Capital Partners on how peak demand, limited aircraft availability, and cost recovery pressures combine to intensify fare volatility during high-traffic periods.

Removing air ticket taxes and reducing service charges could expose Nigerian aviation agencies to “serious” operational and regulatory risks without an alternative funding model.

Aviation professionals, including Sindy Foster of Avaero Capital Partners, outline five structural factors driving persistently high air fares in Nigeria, pointing to capacity constraints, operating costs, and systemic pressures rather than deliberate airline pricing decisions.

Aviation analyst and Principal Managing Partner at Avaero Capital Partners, Sindy Foster has called for a new culture of balance and accountability in Nigeria’s aviation sector.

Experts in the air transport industry have prescribed pills needed to drive viability for airlines established by state governments, saying if the managers of such project do not put in place deliberate interventions, the carriers will face significant challenges.

An aviation analyst says that the recovery of the airline is partly the product of favourable forex conditions that may not persist.

Sindy Foster has called on the Federal Government to consider the creation of a dedicated aviation development fund with concessional lending rates for airport operators, airlines, and aviation service providers.

President Paul Kagame says the airlines are close to concluding a long-mooted deal which could see Qatar Airways take a stake in RwandAir.

In this interview with SHOLA ADEKOLA, Sindy Foster spoke on burning industry issues ranging from lack of proper data record, aircraft maintenance facilities (MRO) and other.

Feature interview with Sindy Foster (Principal Managing Partner, Avaero Capital Partners) exploring challenges and best practices in aircraft acquisition for African airlines — touching on financing, lease vs ownership, delivery bottlenecks, and strategic fleet planning.

While the US-Nigeria Open Skies Air Transport Agreement finally came into force in May, some 24 years after it was first agreed, Nigeria has not used the intervening years to position itself to take advantage, analysts say.

The Single African Air Travel Market (SAATM) holds the promise of seamless air connectivity across Africa.

Kenya’s national carrier, Kenya Airways, has reported an operating profit for 2022 after seven years of heavy losses.

Politicians need to think beyond the electoral cycle if Nigerian aviation is to realise its potential.

In this analysis of the Nigeria Air revival, Sindy Foster, Principal Managing Partner at Avaero Capital Partners, describes last-minute industry developments as “insensés” (senseless) and critiques strategic inconsistency in how the project has been managed, highlighting broader implications for investor confidence and operational execution.

Aviation has long been described as a catalyst for economic growth, but this is only partly true. Connectivity is an important aspect of this relationship, for the movement of goods and people. But connectivity without economic activity leads to white elephant projects, which Nigeria is becoming famous for. Aviation and the economy are partners; they work best when they work together.

The new terminal of the Murtala Muhammed International Airport (MMIA), Lagos, which was opened recently, has literally been abandoned by airlines because of design flaws.

Over a month ago, Kamil Al Awadhi, vice-president for Africa and the Middle East, International Air Transport Association (IATA), converged with journalists in Doha, Qatar, at the 78th annual general meeting and world air transport summit.

As the festive season approaches, the aviation industry has seen more airlines increase aircraft and frequencies into underserved destinations.

An expert has called for an immediate review of Nigeria’s Bilateral Air Services Agreement (BASA) to create an enabling business environment for Nigerian airlines. The multiple entry points and the frequencies of foreign airlines have been more disadvantageous to the Nigeria airlines as opposed to the advantages the agreement was supposed to present.