Wole Shadare, Author at Aviation metric

Man nabbed for stealing laptop onboard Ibom Air, faces prosecution

Posted on July 27, 2023July 27, 2023 by Wole Shadare

A passenger on Ibom Air Flight Q1300 from Lagos to Abuja, ogheneochuko David was on Wednesday apprehended for allegedly taking another passenger’s laptop from his laptop in the overhead cabin. Trouble started when the owner of the laptop, who suspected the movement of David within the aircraft, decided to check where his laptop was kept and immediately realized the item was no longer there. He raised the alarm by notifying the crew members accordingly. A…

Airlines doctor cockpit voice recorder to hide serious incidents, accidents-NCAA

Posted on July 26, 2023 by Wole Shadare

Agency warns carriers The Nigerian Civil Aviation Authority (NCAA) has expressed serious worry over the high rate of Cockpit Voice Recorder (CVR) overwrites. The aviation regulatory body in a letter with reference number: NCAA/DGCA/AOL/11/16/365, signed by Capt. Musa Nuhu, NCAA Director-General stated that airlines indulge in the unprofessional act in order to circumvent investigation by the Nigeria Safety Investigation Bureau (NSIB). The letter dated July 24, 2023, addressed to the Accountable Executive, Directors of Operations,…

Airbus delivers 316 commercial aircraft in H1 2023, rakes in € 27.7 billion revenue

Posted on July 26, 2023July 26, 2023 by Wole Shadare

Aircraft maker, Airbus reported consolidated financial results for the Half-Year (H1) ended June 30, 2023. “During the first half of 2023, we progressed well across our businesses in an operational environment that remains complex. Our commercial aircraft are in strong demand, as demonstrated by more than 800 orders announced at the Paris Air Show. This demand is driven both by growth and fleet replacement as airlines invest in more fuel-efficient fleets,” said Guillaume Faury, Airbus…

United Airline’s sustainable flight fund grows to nearly $200 million, adds strategic partners

Posted on July 25, 2023 by Wole Shadare

The United Airlines Ventures Sustainable Flight Fund – a way for companies and consumers to come together and increase the supply of sustainable aviation fuel (SAF) through the support of start-ups – has increased its investment power to nearly $200 million and added eight new corporate partners, five months after its initial launch. American Express Global Business Travel, Aramco Ventures, Aviation Capital Group, Bank of America, Boston Consulting Group, Groupe ADP, Hawaiian Airlines, and JetBlue Ventures, will join…

FAAN, Bi-Courtney end over decade frosty relations, promise to partner with MMA2, aviation growth

Posted on July 25, 2023July 25, 2023 by Wole Shadare

After nearly two decades of frosty relations between the Federal Airports Authority of Nigeria (FAAN), and Bi-Courtney Aviation Services Limited (BASL), the concessionaire of the ultra-modern Murtala Muhammed Airport 2, the two parties may have ended deep animosity between them with the visit of FAAN Managing Director, Mr. Kabir Mohammed to the terminal operator. The meeting between Muhammed and the chairman of the terminal operator, Dr. Wale Babalakin (SAN) was held behind closed doors on…

ASKY spreads wings, launches Luanda flights August 1

Posted on July 25, 2023 by Wole Shadare

ASKY Airlines has announced it would launch three weekly flights from its hub in Lome to and from Luanda, Angola from August 1, 2023. The airline in a statement says Lagos to Luanda, Angola will have a seamless connection to ASKY’s vast network covering all of West and Central and South Africa markets with three direct daily services weekly per the attached schedule. According to the airline, the flight days are; LOS LFW LAD –…

MMA2 plans infrastructure expansion to accommodate growing travel demands

Posted on July 25, 2023 by Wole Shadare

The Murtala Muhammed Airport 2 (MMA2) run by Bi-Courtney Aviation Services Limited (BASL) is a huge success story. The Chief Operating Officer of the terminal, Tosan Duncan Odukoya in this interview with WOLE SHADARE speaks on MMA2’s customer-centric approach to air travel Recently, you celebrated your 16th year of operation as the concessionaire of MMA2. As a successful PPP business model in the history of Nigeria, what will you attribute to this feat? 16 years…

Airlines may be reaching limits of passenger tolerance for high fares

Posted on July 25, 2023 by Wole Shadare

In a region where affordable airfares have remained elusive, many potential customers have long been deprived of the opportunity to travel by air. Presently, a one-way ticket from Lagos to Abuja could go for as high as N100,000 or more – which is way too expensive for the average Nigerian, writes WOLE SHADARE Skyrocketing fares Airfares are becoming more expensive on domestic routes. Many factors have been attributed to the adjustments in fares. These factors have…

United Airlines Achieves Q2 Record-Setting Financial Performance

Posted on July 20, 2023 by Wole Shadare

Recorded pre-tax income of $1.4 billion United States-based airline, United Airlines has reported second-quarter 2023 financial results. The company reported quarterly earnings per share of $3.24 and a pre-tax margin of 9.8%. The company set records on an adjusted basis1 with earnings per share of $5.03 and a pre-tax margin of 15.3%. The strong financial performance has accelerated the company’s efforts to restore its balance sheet, resulting in trailing twelve months adjusted net debt1 to adjusted EBITDAR1 of…

Green Africa: Defying the odds with affordable airfares

Posted on July 20, 2023 by Wole Shadare

In a region where affordable airfares have remained elusive, many potential customers have long been deprived of the opportunity to travel by air. Currently, a one-way ticket from Lagos to Abuja could go for as high as N120,000 – which is way too expensive for the average Nigerian. The fact, however, is that airlines are not entirely to blame for the skyrocketing airfares. The exorbitant cost of aviation fuel, also known as Jet A-1, has…

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