Wole Shadare, Author at Aviation metric

NCAA grounds 10 illegal operators over $15 million revenue loss, drug trafficking, security, others

Posted on July 5, 2024 by Wole Shadare

Owners to commence recertification process The Nigeria Civil Aviation Regulations 2023 Part 18.3.4 forbids holders of PNCF from using their aircraft for carriage of passengers, cargo or email for hire or reward (commercial operation or charter services) As a result of flagrant disregard of this rule, the NCAA had earlier directed all holders of PNCF to undergo re-evaluation which should have been concluded by April 19th, 2024. Consequently, the NCAA has suspended the permit…

Finchglow Travels Celebrates 18 Years of Excellence, Community Service

Posted on July 3, 2024 by Wole Shadare

Finchglow Travels, Nigeria’s leading travel consolidator, is celebrating its 18th anniversary, marking nearly two decades of unwavering commitment to excellence, innovation and dedication in the travel industry. Established in 2006, Finchglow Travels has grown from a modest travel agency into Nigeria’s leading travel consolidator, offering top-notch travel solutions to organisations and individuals. The company has consistently set industry standards, leveraging technology and a customer-centric approach to meet the evolving needs of travellers both within Nigeria…

WFLA Golf: The Green Classics Sets New Standard for ESG Advocacy

Posted on July 3, 2024 by Wole Shadare

The Green Classics tournament held recently at the prestigious Ikeja Golf Club, marked a significant milestone in promoting environmental sustainability and ESG (Environmental, Social, and Governance) practices using the game of golf The event, organized by Walk for Love Africa (WFLA), a pan-African project under the A.U. foundation brought together over 100 golfers, business leaders, and sustainability advocates to raise awareness and funds for environmental initiatives in Africa. Highlights of the event were a golf…

Qatar reports $22.2 billion revenue, $1.7 billion profit, strongest performance in 27 years

Posted on July 3, 2024July 3, 2024 by Wole Shadare

…Annual profits 39% higher than previous year Qatar Airways Group has reported the strongest financial performance in its 27-year history, announcing record profits of QAR6.1 billion (US$1.7 billion) in its Annual Report for the 2023/24 financial year. The multiple award-winning airline group reported historic net profits of QAR6.1 billion (US$1.7 billion) during the 2023/24 fiscal, with a total revenue of QAR81 billion (US$22.2 billion), representing an increase of QAR4.7 billion (US$1.3 billion) – up…

ICAO audit: A setback foretold!

Posted on July 3, 2024July 3, 2024 by Wole Shadare

By Wole Shadare Two audits by the International Civil Aviation Organisation (ICAO) of the Nigerian aviation sector in one year show that the country has dropped the ball from the heights it attained years ago. The outcome is not a surprise to many because of the inherent gaps in the sector which are very glaring. Nigeria dropped a whopping 25% points after the recently conducted Universal Security Audit Programme (USAP) Continuous Monitoring Assessment (CMA)…

Minister: SAATM provides opportunity for Africa’s air transport growth

Posted on July 2, 2024 by Wole Shadare

…Laments Africa’s air liberalisation slow pace Minister of Aviation Minister and Aerospace Development, Festus Keyamo said the Single African Air Transport Market (SAATM) provides the opportunity for the African aviation industry to enhance connectivity, improve safety standards, and boost economic growth. He however lamented that that few governments have taken the steps needed for its implementation. The Minister also called for a concerted effort to address the challenges facing the African aviation industry, such as…

Reps calls for probe of alleged intimidation, extortion by security personnel at Lagos airport

Posted on July 2, 2024July 2, 2024 by Wole Shadare

The House of Representatives has urged the Ministry of Aviation to promptly launch an investigation into allegations of reoccurring incidents of harassment, intimidation, and extortion of international passengers by security personnel at the Port Harcourt International Airport. The House said that this would bring the perpetrators to justice, act as a deterrent, and preserve the credibility of the country in the global community. The House mandated the Committee on Aviation to within seven days investigate…

Aviation half year review: Re-engineering for positive development

Posted on July 2, 2024July 2, 2024 by Wole Shadare

The aviation industry in the first half of the year particularly the last quarter of the year did not perform too badly. However, more efforts must be put into ensuring the success of the entire value chain. WOLE SHADARE writes that the sector including airlines needs the government’s support to succeed The aviation industry in Nigeria for many has witnessed relative stability in the second quarter of 2024 much more different from the first quarter when the…

IATA: African airlines must overcome high costs, taxation, decrepit infrastructure, others, profit razor-thin

Posted on July 2, 2024July 2, 2024 by Wole Shadare

Carriers struggle with losses, challenges surmountable The International Air Transport Association (IATA) said the African airline sector must overcome many challenges, not least of which are infrastructure deficiencies, high costs, onerous taxation, and the failure to broadly implement a continent-wide multilateral traffic rights regime. IATA is excited about the continent’s airlines making a collective profit but the bad news is that it is razor-thin and well below the global benchmark with many individual…

NAMA holds AIM training for management staff

Posted on July 2, 2024July 2, 2024 by Wole Shadare

The Nigerian Airspace Management Agency (NAMA) has held a three-day training workshop on Aeronautical Information Management and collaboration of procedures for top-level management staff of the agency. With participants drawn from the Aero-Comms and Aeronautical Information Services (AIS) departments of the agency across the country, the workshop which was held in Lagos centred on the collaboration, harmonization and synergy among critical personnel of the agency, highlighting the importance of integrated procedures to enhance…

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