Wole Shadare, Author at Aviation metric

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…

Contaminated jet fuel has dire consequences-NCAA

Posted on July 20, 2023July 20, 2023 by Wole Shadare

Bad fuel poses grave danger, NSIB thorough probe Agency partners FAAN, NMDPRA, others The Director-General of Nigeria Civil Aviation Authority (NCAA), Capt. Musa Nuhu has said that aviation fuel quality breach has dire consequences and is multifaceted, international in nature, and not limited to scheduled airlines alone. This is coming as the aviation regulatory body has deepened its investigation into the incident of contaminated jet fuel with the view to establishing…

Contaminated fuel: NCAA holds crucial meeting with airlines, oil marketers today

Posted on July 20, 2023 by Wole Shadare

The Director-General of Nigeria Civil Aviation Authority (NCAA), Capt. Musa Nuhu would today hold a crucial meeting with all the domestic, international airline operators and aviation full suppliers with a view to finding a solution to adulterated or contaminated aviation fuel in the aviation industry. In a letter dated July 19, 2023, and signed by Director, Airworthiness Standards, Abatan Gbolahan, an engineer would be held on Thursday, July 20th at 10 am at the DGCA’s…

Emirates grows network to 800 global destinations, connecting 50,000 travellers weekly

Posted on July 18, 2023 by Wole Shadare

Dubai’s flagship carrier, Emirates Airline has significantly expanded its global reach with connections to an extensive network of 800 destinations worldwide, through its ever-growing number of codeshare and interline agreements with partner airlines. Network growth Since it signed its first interline agreement, Emirates’ global partner network has experienced exponential growth across Europe, North America, Asia, Australia, Africa, and the Middle East. With 29 codeshare partners, 117 interline partners, and 11 intermodal rail partners in over…

Jet fuel contamination, risk to air safety

Posted on July 18, 2023July 18, 2023 by Wole Shadare

Jet fuel contamination has led to many unfortunate incidents in the past in many parts of the world including Nigeria. WOLE SHADARE writes that fuel contamination has become a recurring incident in the Nigerian aviation industry Troubling times Several troubling incidents of jet fuel contamination have prompted the Nigerian Civil Aviation Authority (NCAA) and other industry groups to pay close attention to the danger posed by bad jet fuel. It’s no secret that jet fuel contamination can…

‘Insolvent’ Arik risks liquidation as more crises hit airline

Posted on July 18, 2023July 18, 2023 by Wole Shadare

Carrier needs $24 million capital restructuring to remain afloat Bid to return company to founder twice failed-AMCON The Assets Management Corporation of Nigeria (AMCON) has attributed the sustenance of Arik to the Federal Government through agencies such as the Federal Airports Authority of Nigeria (FAAN), the Nigerian Airspace Management Agency (NAMA), and the Nigerian Civil Aviation Authority (NCAA) that has been waving taxes and other sundry charges that have run into several billions of…

In The Ring: Boeing 777x Versus Airbus A350

Posted on July 17, 2023 by Wole Shadare

Boeing’s 777X and Airbus’ A350 fiercely view for sky supremacy, in a high-stakes battle for the lucrative long-haul market. In the race for sky supremacy, Boeing’s highly anticipated 777X is poised to make a grand entrance. This massive wide-body aircraft aspires to surpass its popular predecessor, the Boeing 777, and dominate the long-haul market. However, it faces a formidable opponent in the Airbus A350, an aircraft that took the industry by storm since its introduction in 2013….

Faulty Kano airport runway lighting forces diversion of flights, night operations resume

Posted on July 17, 2023 by Wole Shadare

The Federal Airports Authority of Nigeria (FAAN) has explained that failure of the Runway 06/24 edge light at the Mallam Aminu Kano Airport, Kano to light up led to the diversion of the two Kano bound aircraft at the weekend. Although the airport manager stated that night operations had since resumed at the airport on Sunday, July 16th, 2023 after the restoration of all runway lights. Director, Public Affairs & Consumer Protection, Abdullahi Yakubu-Funtua…

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