Wole Shadare, Author at Aviation metric

Emirates reports highest-ever six months profit HY1

Posted on November 9, 2023 by Wole Shadare

Emirates goes into Dubai Airshow week with solid results, reporting its highest-ever six-month result for HY1 of the financial year 2023/2024. The carrier produced an AED 10.1 billion ($2.7 billion) consolidated net profit of the period. Emirates Group posted its highest-ever fiscal half-year earnings, reporting net profit of 10.1 billion dirhams ($2.75 billion) for 2023-24 on rebounding demand. The figure eclipsed its half-year profit of the previous year — 4.2 billion dirhams — by 138%….

Crisis, in-fighting rock AON over election guidelines

Posted on November 8, 2023 by Wole Shadare

Airline under their umbrella body, Airline Operators of Nigeria (AON) may be heading towards the precipice as the organisation’s November 27, 2023 election to pick their principal officers. The situation is likened to the proverbial Things Fall Apart where the centre may no longer hold for the group and the various airline operators. The entrenched interests and ulterior motives of many members of the body are truly tearing the body apart. More worrisome is the…

Airbus delivers 488 aircraft, revenue up €42.6b, EBIT adjusted €3.6b in nine month

Posted on November 8, 2023November 8, 2023 by Wole Shadare

Free cash flow before M&A and customer financing € 1.0 billion Airbus reported consolidated financial results for the nine months ended 30 September 2023, as the firm continues to make progress in its operational plan in a global environment that has become increasingly complex. “The nine-month earnings reflect higher commercial aircraft dein a global environment liveries, the good performance in helicopters as well as charges linked to the reassessment of certain satellite development…

Mamaj Aviation Consult holds 7th annual summit

Posted on November 8, 2023November 8, 2023 by Wole Shadare

In its continuous effort to draw enthusiasts into mainstream aviation and proffer career paths in the industry, Mamaj Aviation Consult Limited, has announced the hosting of this year’s annual conference, the 7th in the series on Friday, November 17 2023, in Lagos, Nigeria. The theme for this year’s conference: “The Challenges of Exploring Careers In The Aviation And Travel Industry” will be held at the Nigerian Civil Aviation Annex, Murtala Muhammed International Airport (MMIA) at…

Olo Omi Dan Bata hits entertainment world with new single

Posted on November 7, 2023November 7, 2023 by Wole Shadare

In a very daring move, music sensation Olo Omi Dan Bata who is also popularly known as Olo, will be gifting the world a new single, which music pundits already say will rock the entertainment world to the root. The female drummer who has before now been shrouded in stardom mystery, gave a glimpse into her lifestyle, philosophy, and music, in this interview, as she awaits the official release of her hot single titled: Are Ayo…

Airbus delivered 71 aircraft in October, edges towards 2023 goal

Posted on November 7, 2023November 7, 2023 by Wole Shadare

European aircraft giant, Airbus said in its monthly bulletin that it delivered 71 aircraft in October, up 18% from the same month last year. The October tally, which also accelerated from 55 aircraft in September, brings total deliveries so far this year to 559 units compared with a full-year target of 720. It is in line with a forecast of 71 aircraft by analysts at Jefferies, which said the higher pace of deliveries had “further de-risked”…

Kenya Airways Partners Junior Golf Foundation as official travel sponsor

Posted on November 6, 2023 by Wole Shadare

KQ to facilitate travel for junior golfers Kenya Airways (KQ) has today announced its partnership with Junior Golf Foundation (JGF) as it further strengthens its commitment to supporting youth development, sports, and community engagement in Kenya. The airline will become the official travel sponsor of JGF events, underscoring its dedication to nurturing young talent in the sport of golf. The Junior Golf Foundation is renowned for its exceptional work in providing young golf enthusiasts…

NCAA to begin weekly report on airlines as delays, cancellations, others surge

Posted on November 5, 2023 by Wole Shadare

70% delays caused by airlines, 30% to forces beyond carriers-Aligbe As flight delays and cancellations are continuing to surge in Nigeria, the Minister of Aviation and Aerospace Development, Festus Keyamo has directed the Nigeria Civil Aviation Authority (NCAA) to begin the weekly compilation and publication of all airlines engaged in a menace that is fast taking the joy out of air travel. A visibly angry Keyamo who spoke at the aviation stakeholders’ forum at…

Aviation stakeholders’ forum: Lessons learned, position taken

Posted on November 5, 2023 by Wole Shadare

The stakeholders’ forum held last week revealed the precarious situation of the aviation industry. The industry had made some slow progress. Stakeholders who highlighted many of the challenges hoped that the forum would speed up development for the entire aviation value chain, writes, WOLE SHADARE Challenges For more than 30 years, many noticeable challenges in the Nigerian aviation industry have remained unresolved. A highly respected aviator once referred to the country’s aviation as ‘sick’ and devoid…

Shock as foreign airlines bring two-way meals to Nigeria

Posted on November 5, 2023 by Wole Shadare

FG to review BASA with 90 countries-Minister Not a few stakeholders expressed shock over the disclosure that some foreign airlines bring two-way meals into Nigeria. This disclosure was made by the Chairman, Board of Directors of Sky Chefs Things Remembered Nigeria Limited, Mrs. Adeola Omikunle during her presentation at the stakeholders at the weekend in Lagos and challenges faced by aviation catering companies in the country. Her disclosure left many stakeholders bewildered as to…

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