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Air fares jump 6% on dollar adjustment

International airlines and travel agents operating in Nigeria are increasing the prices of tickets to locations such as Europe, the United States of America and the Middle East after the reference Naira/USD rate was moved Tuesday to N325. International travel cost rose by six percent after adjustment of the reference dollar

Ease of doing business

Executive Order And New Trends In Abuja, Lagos Airports The executive order issued recently by the presidency to engender ease of doing business in the country seems to be the shot-in-the-arm the Federal Airports Authority of Nigeria, FAAN has been waiting for to up its game in Abuja and Lagos international

Uber knowingly rented cars that were at risk of catching fire to its drivers in Singapore, a report says

Uber was aware that Honda had recalled its Vezel SUVs for a fire risk, but leased them to drivers anyway.   Honda recalled its Vezel SUV last year because it could catch fire — but Uber continued to lease the cars to drivers in Singapore. The news comes from a Wall Street Journal report that

Managing a Successful 3PL Relationship

The term 3PL stands for Third-Party Logistics, a service that allows you to outsource operational logistics from warehousing, all the way through to delivery, and ultimately enables you to focus on your core business. Companies that decided to outsource their logistical needs to a third party provider or 3PL  should understand

Toyota’s Quarterly Profit Improves on Strong Sales

Toyota and Mazda Motor Corp. are set to announce later today a partnership   TOKYO (AP) - Toyota Motor Corp. reported Friday that its fiscal first quarter profit rose 11 percent as sales improved around the world, including in the U.S., Europe and Japan. Toyota's April-June profit of 613.0 billion yen ($5.6 billion),

FedEx to Skip Holiday Surcharges for Most Orders

...Rival UPS has said it would add peak-period fees around Christmas and Black Friday   Memphis, U.S.A - FedEx Corp. said it won’t charge additional fees for most orders during the holiday season, in contrast with United Parcel Service Inc., undercutting its main rival as they battle for e-commerce customers. The decision by

South African Airlines recorded losses in 7 consecutive years, on the brink of bankruptcy

...airline urgently shopping for bailout of about $60 million ...unions allege institutional corruption   South African Airways (SAA) has run out of money and is teetering on the edge of bankruptcy, according to information given to the country's parliament. It is thought the national carrier may soon be unable to pay salaries. The cash-flow

British Airways cabin crew extend strike for further two weeks

.......Crew in the lower-paid mixed fleet working out of Heathrow extend action to cover 16-30 August including bank holiday weekend British Airways cabin crew will strike for a further two weeks in August, including over the bank holiday weekend, in a long-running dispute over pay and staff sanctions. “We would urge British Airways to

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