July 2021 - Aviation metric

Air France-KLM slowly returning to profitability

Posted on July 30, 2021July 30, 2021 by Wole Shadare

Air France-KLM is slowly returning to profitability. Higher bookings and lasting effects of the restructuring and recapitalization initiatives have produced better results in the second quarter and first six months. More improvements are on their way, but the airline group is reluctant to look further ahead than the current third quarter. The French-Dutch airline group reported a combined Q2 loss of €1.492 compared to €-2.614 billion last year. New CFO Steven Zaat stressed this has been…

Dana Air Wins NAAPE’s Most Innovative Airline Award

Posted on July 30, 2021 by Wole Shadare

One of Nigeria’s leading airlines Dana Air has bagged the Most Innovative Airline Award at a conference organized by the National Association of Aircraft Pilots and Engineers on 28th June, at the NAF Conference Center Kado, Abuja. Themed: ‘Imperatives of Strong Partnership for a Sustainable Aviation Industry; Recovery from Covid-19 impact,” this event is the association’s 15th National Delegate conference, Symposium and awards ceremony. The National President of NAAPE, Engr. Galadima Abednego while speaking at…

Nigeria’s debt stalls $500 million China funded Lagos airport terminal

Posted on July 30, 2021July 30, 2021 by Wole Shadare

Project delay worries National Assembly, seek urgent solution There are indications that the delay in the completion of the multi-billion Naira new terminal at the Murtala Muhammed International Airport, Lagos has stalled over Nigeria’s alleged delay in implementing its own part of the loan deal from China for the projected which has reached 90 per cent completion stage to be put to use. Despite the promise which the project holds for commercial flights…

FAAN clinches Lateef Lawal Award for Airport Manager of the Year

Posted on July 29, 2021 by Wole Shadare

The Federal Airports Authority of Nigeria (FAAN) at the just concluded League of Airports and Aviation Correspondents (LAAC) 25th Conference with theme: Aviation in Nigeria: Management, Policy and Regulation bagged the Prestigious Lateef Lawal Award for Airport Manager of the Year. Lateef Lawal was an Aviation Correspondent and founding member of the League whose exploits span over 40 years, he passed in 2020. The award was received by the Managing Director represented by the Director…

MMA2, Ethioipan Airlines bag awards for excellence

Posted on July 29, 2021 by Wole Shadare

For their outstanding performances, two of the most recognisable brands, the Murtala Muhammed Airport2, otherwise known as MMA2 operated by Bi-Courtney Aviation Services Limited (BASL) and Africa’s most profitable airline, Ethiopian Airlines have been rewarded by bagging the ‘Most COVID-19 compliant terminal’ and the ‘Most COVID-19 Innovative carrier’ respectively by Nigerian aviation journalists under the aegis of League of Airports and Aviation Correspondent (LAAC). The presentation of awards took place at the just concluded 25th…

NCAC, FTAN partner for tourism promotion

Posted on July 28, 2021July 28, 2021 by Wole Shadare

The newly elected Executive of the Federation of Tourism Associations of Nigeria (FTAN) have been assured of greater cooperation to move the association to higher heights. The Director General, National Council for Arts and Culture, Otunba Olusegun Runsewe gave the assurance in Abuja today when the newly elected Executive of the Federation paid him a courtesy call in his office. The Director General who felt highly honoured said the visit which was timely, attested that…

NiMet Predicts Little Dry Season in Edo, Enugu, and Delta

Posted on July 28, 2021 by Wole Shadare

The Nigerian Meteorological Agency, NiMet has predicted that places like Edo, Delta, and Enugu could experience an extension of the Little Dry Season (August break) effect. A statement by the General Manager, Public Relations, NiMet, Muntari Yusuf Ibrahim noted that the Little Dry Season (LDS) or commonly referred to as August Break, is a period of little or no rainfall activities common to areas with well-defined bimodal rainfall regime such as the southwestern region of…

Africa Leads Global Air Cargo Industry, Posts Strongest H1 Growth Since 2017

Posted on July 28, 2021July 28, 2021 by Wole Shadare

The International Air Transport Association (IATA) has released data for global air cargo markets for June showing a 9.9% improvement on pre-COVID-19 performance (June 2019). This pushed first half-year air cargo growth to 8%, its strongest first half performance since 2017 (when the industry posted 10.2% year-on-year growth). African airlines saw their International cargo demand increase by 33.5% compared with the same month in 2019. This was the strongest performance of all regions worldwide, but…

Minister, others seek sustainable policy for aviation sector growth

Posted on July 28, 2021 by Wole Shadare

COVID-19 impacts $994 million loss to Nigeria’s aviation in 2020 Experts in the aviation industry brainstormed on myriads of problems besetting the aviation industry in Nigeria with a view to solving some of the problems. Minister of Aviation, Hadi Sirika who was represented by Commissioner, Accident Investigation Bureau (AIB), Mr. Akin Olateru spoke at a one day seminar titled, “Nigeria’s aviation industry: Management, Policy and Regulation”, held in Lagos. He disclosed that the Ministry…

Senate Committee visits NAHCO, vows to tackle firm’s major challenges

Posted on July 27, 2021 by Wole Shadare

The Nigerian Aviation Handling Company Plc, nahco aviance on Monday hosted the Senate Committee on Privatization, led by its Chairman, Senator Theodore Orji who expressed willingness to bring the desired major challenges of the Company to the floor of the Senate for consideration. He stated that his committee is saddled with the task of accessing the situation with privatized entities and intervene where necessary to ensure their operations are flawless. According to Sen, Orji, ‘’we…