Wole Shadare, Author at Aviation metric

How Johnson-Ikhide’s plan to reposes Arik crumbled amid N297.3 billion debts to AMCON

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

How once flourishing Nigerian carrier mismanaged fortune Corporation set up four-man resolution team The struggle by the founder of Arik Air, Sir Arumemi Johnson-Ikhide to reclaim his airline may have hit the rocks. Arik Air was in 2016 taken over by the Assets Management Corporation of Nigeria (AMCON) over reported N300b debts. As a first step, John-Ikhide had on May 18, 2022, written a letter to AMCON seeking to recover his airlines taken over…

Makolo: There’s growth potential in Africa’s aviation despite yawning gaps

Posted on June 13, 2023 by Wole Shadare

Yvonne Manzi Makolo is the CEO of Africa’s rising airline, RwandAir. She is the first female to chair the International Air Transport Association (IATA) Board of Governors. In this interview with WOLE SHADARE at the recently concluded IATA 79th AGM in Istanbul, Turkey, she talks about myriads of challenges militating the growth of African airlines, investments in Sustainable Aviation Fuel (SAF) and the gains the continent’s carriers have made in the field of aviation among others. Congratulations on…

Concern over poor female presence in aviation field

Posted on June 13, 2023 by Wole Shadare

Gender diversity continues to be a hot topic and in the aviation industry, it’s a big problem. According to the International Air Transport Association (IATA) which represents 290 airlines, the proportion of women holding C-level roles in the industry is just 3%, writes, WOLE SHADARE Poor numbers Statistics show that only about 13% of jobs in aviation are held by women. Today, the aviation industry is grappling with methods to improve inclusion and diversity. For some…

Emirates, Kenya Airways enter interline pact between Africa, Middle East

Posted on June 12, 2023 by Wole Shadare

New interline increases Emirates’ footprint to 148 African points Emirates and Kenya Airways (KQ) have announced an interline partnership that will allow customers of both airlines access to new destinations on the two airlines’ networks within a single itinerary. The agreement will provide customers with increased travel options as well as seamless baggage check-in to their final destination. Emirates customers will now be able to fly to 28 destinations on the Kenya Airways network…

Makolo: Dump restrictive BASA, protectionism to grow aviation in Africa

Posted on June 12, 2023June 12, 2023 by Wole Shadare

The Chief Executive Officer of RwandAir, Yvonne Manzi Makolo said the only way to grow the airline business in Africa is to do away with restricting Bilateral Air Services Agreement (BASA), stressing that doing so would amount to lip services by African governments in the liberalization of air transport in the continent. She called for the continent’s political leaders to speed the implementation of the Single Africa Air Transport Market (SAATM), a project of the…

Why Aero, Arik merger as national carrier not an option, says Sirika

Posted on June 12, 2023June 12, 2023 by Wole Shadare

‘Doing so with debts, litigation would be huge mistake’ Former Minister of Aviation, Senator Hadi Sirika said merging of troubled and hugely indebted Arik Air and Aero Contractors to form a national airline for the country would have been a huge mistake by the government because of litigations and the over N350 billion exposure of Arik to the Asset Management Corporation of Nigeria (AMCON). Sirika made the disclosure on Sunday while appearing on Arise…

Sirika: My Nigeria Air story

Posted on June 12, 2023 by Wole Shadare

Being the full test of Ex-Minister of Aviation, Hadi Sirika’s interview with Arise TV on his role in Nigeria Air’s alleged controversy monitored by Aviation Metric’s WOLE SHADARE There are many Nigerians that are calling for your arrest and Nnolim Nnaji saying the Nigeria Air project is a personal project rather than a project designed in the national interest I don’t think I am here to discuss the desirability of having a national carrier of…

Olowo calls for private sector driven carrier, says Nigeria desires national carrier

Posted on June 11, 2023 by Wole Shadare

Advices airlines to merge to form strong flag carriers President of Aviation Safety Round Table (ASRT) Dr. Gabriel Olowo has called for a private sector-driven airline urging that government should not try in any way to involve itself completely in a new national carrier just as the expert threw his weight behind a national airline for Nigeria. In his advice to the new administration of President Bola Ahmed Tinubu tagged, “National Carrier…

Ex-Minister alleges lawmaker,Nnaji demanded 5% shares in Nigeria Air

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

Only N3 billion spent on project since 2016, Sirika carpets ‘selfish’ airlines Former Minister of Aviation, Senator Hadi Sirika Sunday revealed a damning request made by the former Chairman, of the House Committee on Aviation, Nnaji Nnolim who branded the launch of Nigeria Air as fraud by demanding five percent shares of the carrier which was rejected flatly by him. The Ex-Minister said he had evidence to show that the lawmaker made such…

Ex-Minister opens up on Nigeria Air, says N5 billion received for project since 2016-2023

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

Welcomes probe, flays airlines, Nnaji, others for conspiracy to truncate carrier Former Minister of Aviation, Hadi Sirika has opened up on the controversies that trailed the Nigeria Air project, saying that only N5billion was made available for the project contrary to insinuation in some quarters that N85 billion was ‘squandered’ on the proposed carrier. The Minister had come under fire and scrutiny for the way and manner the national carrier project was pursued with…

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