Author: Wole Shadare

Sector lost over N25b to industrial action in five years, latest strike primitive-FAAN MD Why we removed structures on land-Yadudu     The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Capt Rabiu Yadudu said the agency and some others have written to the Minister of Aviation on the need for government to actively protect aviation from the actions of the Nigeria Labour Congress (NLC), adding that airports are not avenues for people…

Delivers 127 aircraft in Q1 2023  Order backlog rises to 7, 254 airplanes   Aircraft maker, Airbus reported consolidated financial results for its First Quarter (Q1) ending 31 March 2023. Airbus Chief Executive Officer, Guillaume Faury said the first quarter confirmed strong demand for their products, particularly for commercial aircraft, stressing that they have delivered 127 commercial aircraft, which is reflected in the Q1 financials. According to the Airbus chief, “The quarter also benefited from…

Hundreds of passengers were this morning left stranded at many of the airports across the country as the Nigerian Labour Congress (NLC) disrupted flights they declared a “No Flight To Owerri” action at the Murtala Muhammed Airport, Lagos. While the action lasted, airlines were equally made to go through excruciating pain as some of them lambasted the organized labour unions for involving them in an action they knew nothing about. Not only were flights to…

The inability of the Central Bank of Nigeria (CBN) to help foreign airlines repatriate over $700 million has done some incalculable economic damage to the travel industry in Nigeria. Investigation by Aviation Metric indicates that Nigeria’s flight bookings in April alone collapsed by approximately 50 percent as travel agents are losing tonnes of business and huge revenue. It is unknown how much the losses are, there are indications that the Federal Government may have lost over $300…