Wole Shadare, Author at Aviation metric

Air Finance: Breaking the African risk premium

Posted on March 17, 2026March 17, 2026 by Wole Shadare

With the AfDB and Afreximbank acting as the first loss guarantors, the private sector is finally finding the courage to invest in African skies, writes WOLE SHADARE For decades, the story of African aviation has been written in red ink, hampered by a risk premium that forced local carriers to pay up to 25% more for aircraft than their global peers. But as of March 2026, the script is being rewritten. A new, continent-wide financial policy…

Singapore-based lessor Avation orders five additional ATR 72-600S

Posted on March 17, 2026 by Wole Shadare

Reinforces long-term ATR partnership, reaches 54 net firm aircraft ordered ATR, the world’s leading regional aircraft manufacturer, today announced that Singapore-based lessor Avation (LON: AVAP) has exercised purchase rights for five ATR 72‑600 aircraft under its long-term framework agreement signed in 2011. Deliveries are scheduled for 2028 and 2029. This latest commitment covers the 50th to 54th ATR aircraft ordered by Avation since the start of its cooperation with ATR 15 years ago. Over…

‘Airport performance depends on more than infrastructure’

Posted on March 17, 2026March 17, 2026 by Wole Shadare

Airport performance is increasingly constrained not by runways, gates, or terminals, but by how well operations are coordinated and optimised. As passenger volumes grow and airport ecosystems become more complex, fragmented decision-making across teams and systems is becoming the real operational bottleneck. SITA’s new white paper outlines why optimising individual processes is no longer enough and explains how airports can unlock hidden capacity by aligning operational decisions in real time. By connecting data, teams, and…

NSIB begins Rigasa-Idu railway incident probe

Posted on March 16, 2026March 16, 2026 by Wole Shadare

The Nigerian Safety Investigation Bureau (NSIB) has commenced an investigation into a railway incident involving a passenger train operating on the Rigasa–Idu rail corridor. The incident occurred at approximately 09:16 hours along the Jere–Asham section near Asham Station in Kaduna State. The section of track where the event occurred is located on a downward gradient. The train, identified as KA2, departed Rigasa Railway Station in Kaduna at the commencement of its scheduled journey to Idu…

Aircraft inspector shortage at NCAA hits critical point, workforce overstretched

Posted on March 16, 2026March 16, 2026 by Wole Shadare

Regulatory body to recruit 17 inspectors, agency training ground for airlines The shortage of aircraft inspectors at the Nigerian Civil Aviation Authority (NCAA) has reached a critical point, leaving the workforce severely overstretched. The dearth of technical personnel is primarily driven by a massive pay gap between the regulator and the private sector, as well as the rapid expansion of the Nigerian aviation industry. The aviation regulatory body is further put in a difficult position…

Akure Airport security breach: Four bandits nabbed

Posted on March 15, 2026 by Wole Shadare

· FAAN to fortify aerodrome with perimeter fencing The Nigerian military, in a joint operation with the Federal Airports Authority of Nigeria (FAAN) Aviation Security (AVSEC), has apprehended four persons suspected of committing criminal activities at Akure Airport. They have been handed over to the Police for further interrogation. An air traffic controller who sighted the suspects from the air traffic control tower and who described them as ‘bandits’ said they pursued farmers from their farmland…

Air Peace: Windshield crack forced air return, denies stranding passengers

Posted on March 14, 2026 by Wole Shadare

Nigeria’s flag carrier, Air Peace, has denied abandoning or leaving passengers stranded on its Abuja-London service. In a statement, the carrier explained that it had an air return due to a windshield crack suspected to have been caused by a bird strike on our Abuja–London (Heathrow) flight. It further clarified that the aircraft returned safely to Nnamdi Azikiwe International Airport, where all passengers disembarked, while our engineering team commenced the necessary technical checks. “In line…

Kuku: We’re leveraging technology to improve new Lagos airport terminal

Posted on March 14, 2026March 14, 2026 by Wole Shadare

Mrs Olubunmi Kuku is the managing director of the Federal Airports Authority of Nigeria (FAAN). In this interview with CNBC monitored by WOLE SHADARE, she speaks about the plan to turn the Murtala Muhammed International Airport, Lagos terminal under construction, into Africa’s premier aviation hub, how to drive passenger traffic effectively, and the provision of transit facilities at the major airports across the country, among others The big decision came from the President last week on the…

Air Peace faces sanctions over broader service failures, gets NCAA summons

Posted on March 14, 2026March 14, 2026 by Wole Shadare

Re-routed Heathrow passengers left stranded in Lagos Carrier fails to process refunds for cancelled, disrupted flights The Nigerian Civil Aviation Authority (NCAA) has summoned Air Peace over recent disruptions affecting its London operations and broader service issues. The regulatory body is specifically investigating complaints from passengers on the Heathrow-Abuja flight who were reportedly rerouted via Gatwick–Lagos-Abuja and left stranded in Lagos. The move, led by the Director of Public Affairs and Consumer Protection, Michael Achimugu,…

NSIB relocated to presidency by Tinubu

Posted on March 14, 2026March 14, 2026 by Wole Shadare

President Bola Tinubu has officially approved the relocation of the Nigerian Safety Investigation Bureau (NSIB) from the Ministry of Aviation and Aerospace Development to the Presidency. This decision, reported today, March 14, 2026, marks the end of a long-standing debate regarding the bureau’s independence. By moving the NSIB to the Presidency—specifically, to report through the Office of the National Security Adviser (ONSA)—the Federal Government aims to align the agency with global best practices, such as…

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