Wole Shadare, Author at Aviation metric

Minister, Boeing sign aircraft acquisition agreement for Nigerian carriers

Posted on August 29, 2024August 29, 2024 by Wole Shadare

Aircraft giant to offer technical support, training for operators To advance Nigeria’s aviation sector, the Minister of Aviation and Aerospace Development, Festus Keyamo, signed a strategic Memorandum of Understanding (MoU) with Boeing, one of the world’s leading aircraft manufacturers. The signing ceremony took place yesterday in Seattle, Washington, USA, in the presence of key Nigerian aviation stakeholders, including executives from major Nigerian airlines, top management team of the Nigerian Civil Aviation Authority and…

RwandAir Eyes Daily Flights To Lagos

Posted on August 28, 2024August 29, 2024 by Wole Shadare

RwandAir, one of Africa’s fastest-growing airlines with the youngest fleet of eight years on average, has announced an increase in capacity with daily flight to Lagos starting in October 2024. The airline made the announcement recently at a Sales Forum in Lagos organized at the Celebration Gardens Event Centre, GRA Ikeja, Lagos to provide travel agencies with product knowledge and updates on the airline’s current offerings, as well as to get feedback and support aimed…

African airlines see 6.2 year-on-year rise in demand for air cargo transport in July

Posted on August 28, 2024August 28, 2024 by Wole Shadare

The International Air Transport Association (IATA) has has released its July 2024 y-o-y analysis of the air cargo market (a very useful barometer of trade) based on capacity (supply) and traffic (demand). During the month in review, African airlines saw 6.2% year-on-year demand growth for air cargo in July, the lowest of all regions and their lowest recorded figure in 2024. Demand on the Africa–Asia market increased by 15.4% compared to July 2023, just as July…

Ministry, airline operators engage over helicopter landing fee

Posted on August 27, 2024 by Wole Shadare

The Ministry of Aviation and Aerospace Development on Tuesday held a sensitisation meeting with the Airline Operators of Nigeria (AON) on the report of the Ministerial Committee set up to review the collection of Helicopter landing levies. According to a statement by the Head, of Press and Public Affairs of the Ministry, Odutayo Oluseyi, the committee was mandated to review the exercise and develop recommendations. Oluseyi said this followed complaints by the airline operators. According…

Nigerian carriers in dire straits

Posted on August 27, 2024August 27, 2024 by Wole Shadare

Nigerian airlines are in dire straits and need urgent intervention to minimize existential threats they are confronted with, writes, WOLE SHADARE Big market, small size The sheer size of Nigeria’s aviation domestic market still considered one of the biggest if not the biggest in Africa makes one think deeply about the precarious state of the industry in Nigeria. Air transportation, however, has failed to fill this gap and the market remains small by the standard…

NAMA, Ekiti ink air traffic services pact for new airport

Posted on August 25, 2024August 25, 2024 by Wole Shadare

As part of measures to ensure a seamless takeoff of the newly established Ekiti State Agro-Allied International Cargo Airport in Ado-Ekiti, the Nigerian Airspace Management Agency (NAMA), has signed a Memorandum of Understanding (MOU) with the Ekiti State Government. Over the weekend, the MOU signed at the agency’s headquarters annexe, Murtala Mohammed Airport, Lagos, attracted top officials of Ekiti state government and NAMA. The Managing Director of NAMA, Engr Farouk Ahmed Umar noted that the…

Finchglow Travels Wins Platinum Award at Qatar Airways Night of Excellence

Posted on August 23, 2024 by Wole Shadare

Finchglow Travels, Nigeria’s leading travel consolidator, has been honoured with the prestigious Platinum Award at Qatar Airways’ Night of Excellence. A statement by Temilade Adu, Public Relations Manager, Finchglow Holdings said “This esteemed award recognises Finchglow Travels’ outstanding performance in the financial year and commitment to delivering outstanding travel experiences to corporate organisations, independent travellers, and business executives”. “The company’s dedication to excellence, expertise, and personalised service has earned it a reputation as Nigeria’s leading…

Why insurance firms apply caution underwriting aviation risks, says NAICOM boss

Posted on August 23, 2024 by Wole Shadare

…Says underwriters’ ‘ve capacity to cover sector risks The Commissioner for Insurance and the Chief Executive Officer of the National Insurance Commission (NAICOM), Olusegun Omosehin has said that the high capital-intensive nature of aviation has made insurance firms to be very careful with underwriting risks in the sector. Speaking at the 4th Chinet Avia Cargo Conference 2024 in Lagos, he said the situation makes every aviation risk pass through NAICOM for proper scrutiny. He however…

Qatar enhances Business class menu to key destinations

Posted on August 22, 2024 by Wole Shadare

Mega carrier, Qatar Airways has announced a further enhancement to its business class service by introducing caviar service on its menu offering. The Doha-based carrier is the only airline in the world to have won the Skytrax World’s Best Business class 11 times. The carrier announced further enhancement starting with 13 routes from August 15, as caviar lovers can experience the luxurious service onboard Qatar Airways business class between Doha and Boston, Dallas, Hong Kong,…

Aviation won’t survive without thriving airports, says Minister

Posted on August 21, 2024 by Wole Shadare

The Minister of Aviation and Aerospace Development, Festus Keyamo has expressed concern over the country’s airport infrastructure, adding that for airports to be viable, they must have the infrastructure to support current and future demand. He further stated that without thriving airports, there can be no thriving aviation industry, hinting that airport viability is not just a priority but a necessity for any ambitious aviation business. To buttress the minister’s assertion, the Managing Director of the…

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