Wole Shadare, Author at Aviation metric

The allure of airline business amid vanishing profit margin

Posted on August 15, 2023August 15, 2023 by Wole Shadare

In recent times, the airline industry has taken a hit as far as profitability is concerned. With multiple avenues directed toward increasing costs for the industry. Circumstances of the present create a unique environment for lower profit margins, writes, WOLE SHADARE The big question The question on the lips of many is why are businessmen, money bags, and aviation enthusiasts showing a remarkable interest in aviation, particularly the airline business if the profit margin is very…

Irvine Partners adds aerospace giant Airbus to its African client roster

Posted on August 14, 2023 by Wole Shadare

International communication advisory firm, Irvine Partners, has been appointed as the dedicated PR agency for Airbus across Sub-Saharan Africa, supporting their communications in the region over the next three years. “As a business with a strong foothold across Sub-Saharan Africa and an acute understanding of its audiences, we’re well positioned to tell the Airbus story. We will focus on tangible impact, specifically around socio-economic development on the continent, responsible growth and sustainability, and innovation within…

Operators dread Naira further depreciation, Forex scarcity, carriers on cliffhanger

Posted on August 13, 2023 by Wole Shadare

The Naira floatation policy by the Federal Government has continued to take a toll on airlines as they are reeling under the effects of the policy. The policy which has led to the devaluation of the Naira technically has put them in a precarious situation and has equally led to high costs to carriers just as the galloping costs have made it very difficult to raise fares. Another operator who spoke on condition of anonymity…

Plateau State, ValueJet sign MoU to sustain flight services to Jos

Posted on August 13, 2023August 13, 2023 by Wole Shadare

The Plateau State Government has signed a Memorandum of Understanding (MOU ) with Nigeria’s rising airline, ValueJet that would make the carrier to gain a strong foothold on the Jos-Abuja route. ValueJet had on October 10, 2022, launched its inaugural flight and in February 2023 began flight services to Jos, Plateau State. Ever since it launched flight operations to Jos, the carrier has continued to not only expand but consolidate its Jos route, making…

Babalakin charges ministers to align with President’s private sector driven vision

Posted on August 13, 2023 by Wole Shadare

The chairman of Bi-Courtney Aviation Services Limited (BASL) Dr. Wale Babalakin (SAN) is asking all government appointees to align with President Bola Ahmed Tinubu’s vision of promoting a private sector-driven business. In his remarks at the opening of the Murtala Muhammed Airport2 (MMA2) Premium departure concierge said the most important thing is that government is there to encourage the private sector by creating more businesses. He further stated that this should be the mandate of his soon-to-be…

NCAA to enforce regulations on insurance, to ground defaulting carriers, service providers

Posted on August 13, 2023August 13, 2023 by Wole Shadare

The Nigeria Civil Aviation Authority (NCAA) is worried about the lack of adequate insurance cover for aircraft and other service providers. As a result, the agency has concluded plans to enforce regulations on insurance, to ground defaulting carriers, service providers The Nigeria Civil Aviation Authority (NCAA) has demanded compliance with Nigerian Civil Aviation Regulations (Nig. CARs) 2022 on insurance cover to be maintained by all allied aviation services providers. This directive is contained in…

SAHCO Wins Aviacargo Export Handler Of The Year

Posted on August 11, 2023 by Wole Shadare

Skyway Aviation Handling Company (SAHCO) PLC has won theAviacargo Export Handler of the Year in Nigeria. This award was presented to SAHCO at the Chinet Aviation and Cargo Conference at the Lagos Marriott Hotel, Ikeja. Speaking during the award presentation, the Organiser of the Conference, Ikechi Uko praised SAHCO for their immense contribution to the growth of the Aviation and Cargo industry especially in the Agro-export sector. The annual two-day event which was…

MMA2 premium departure concierge: MMA2 soar to new heights, sets benchmark in travel excellence

Posted on August 11, 2023August 11, 2023 by Wole Shadare

Bi-Courtney Aviation Services Limited (BASL), the operator of the Murtala Muhammed Airport 2 (MMA2) has introduced a new era of luxury and convenience at the heart of travel in Lagos State. The unveiling of the premium lounge was witnessed by chief executives of aviation agencies like the Federal Airports Authority of Nigeria (NCAA), the Federal Airports Authority of Nigeria (FAAN), Chief Executive Officers of ValueJet Airlines, Ibom Air, Dana Airlines, and high network individuals among…

Ibom Air Shows Consistency, Bags Best On-Time Performance Airline Award

Posted on August 10, 2023August 10, 2023 by Wole Shadare

Ibom Air has again shown why it has become an airline of choice in the country as the carrier bagged the Best On-Time Performance Airline in Nigeria and the Best Airline in Nigeria for 2022 at the annual Travelers Award hosted by the African Travel Quarterly Magazine. This is the 3rd consecutive year Ibom Air has received the Best Airline in Nigeria award. The recognitions are a testament to Ibom Air’s unwavering commitment to excellence,…

Niger’s airspace complicates operations for African, European airlines

Posted on August 9, 2023 by Wole Shadare

European carriers circumvent airspace, travel longer distances to destinations Fear over Mali, Burkinafaso joining Niger to close airspace Airlines suspend flights to Bamako, Ouagadougou Aircraft especially overflying Niger’s airspace are incurring huge costs of fuel, and longer journeys by circumventing the country’s airspace following the closure of the airspace of the crisis-riddled nation. The Niger’s junta closed its airspace on Sunday in response to the West African regional bloc after ignoring its deadline to reinstate…

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