Business
Air France To Add Cabin, Premium To 777-300 Aircraft
The Air France KLM will add another cabin, premium to its existing cabins for the comfort of Nigerian passengers next year March in its new Boeing 777-300 series launched last Monday.
The Airline country manager, Mr. Herpin Christian Herpin said the Boeing 777-300 marked another landmark in Air france presence in Nigeria noting that the airline was the first to start operations with weekly cargo operations 25 years ago.
According to him, “Air france in 1975 commenced passenger operations until after the closure when we started using Airbus 340.
We are now moving to much bigger and much more comfortable airplane which is bigger.”
Mr. Herpin said the new plane will offer improved cargo services and more space and seats to the most connecting airport – Charles ‘De – Gaulle.
He noted that the Air France KLM group is the biggest airlines servicing Nigerians. Lagos, Port Harcourt and Abuja to the rest of the world.
The Airline boss however said Air France investment is not limited to the type of aircraft they are bringing to Nigeria, but are investing locally and improving the local economy of the states and country they operate.
“We are committed to investing locally, we have opened more offices n Port Harcourt and Uyo and our crews stay in Port Harcourt.” These are part of our ways to encourage and develop local economy.
The new development is that the airline will now be combining its Paris – Lagos flight with Port Harcourt and replacing the Port Harcourt direct flight. Previously, Air France operates daily flight to Paris on its Airbus A340 aircraft.
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Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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