Wole Shadare, Author at Aviation metric

AMCON appeals judgement, says court affirms AMCON’s Receivership over Arik Air

Posted on April 2, 2023April 2, 2023 by Wole Shadare

The Receiver/Manager of Arik Air Limited (in Receivership) (Arik) and the Asset Management Corporation of Nigeria (AMCON) have reacted to a judgment of the Federal High Court, Lagos delivered on Friday, March 31, 2023. The Federal High Court, Lagos on Friday made a declaration and ruled that the attempt to transfer Arik Air Limited Assets to NG Eagle Airlines (third defendant); an airline that the Assets Management Corporation of Nigeria tried to transmute Arik to,…

Lagos rail project: Bishop Oyedepo’s hangar, others for demolition

Posted on April 2, 2023April 2, 2023 by Wole Shadare

FAAN acquires N12 billion fire trucks for four airports Aerodromes lacked adequate fire cover for 15 years, Minister laments Govt. to establish fire truck assembly in Nigeria The difficulty in commuting between the domestic and the international wings of the Murtala Muhammed Airport, Lagos would soon be a thing of the past as the Federal Government has concluded plans to build a light…

Arumemi floors AMCON: Arik assets to Nigerian Eagle in ‘bad faith’, court halts move

Posted on March 31, 2023 by Wole Shadare

Orders AMCON to render accounts of take-over since 2017 in 14 days The Federal High Court, Lagos on Friday made a declaration and ruled that the attempt to transfer Arik Air Limited Assets to NG Eagle Airlines (third defendant); an airline that the Assets Management Corporation of Nigeria tried to transmute Arik to, and Super Bravo Limited is not in the best interest of Arik Air as a whole. In a certified true copy…

Green Africa Launches Zero Naira Fare Campaign

Posted on March 29, 2023 by Wole Shadare

Green Africa, Nigeria’s value airline, has launched a Zero Naira Fare Campaign on all its routes. Customers will have the opportunity to fly for free to any of the eight destinations Green Africa currently serves while only paying airport taxes and other applicable charges estimated to be about N5,150. To participate, customers should log on to Green Africa’s website, greenafrica.com, and search for travel dates. The sales period for the Zero Naira Fare Campaign is from March…

Commercial, private airlines compete for dwindling pool of pilots

Posted on March 29, 2023March 29, 2023 by Wole Shadare

Discussion of the looming pilot crisis is not new, but we are beginning to see just how damaging it will be for all sectors of aviation around the globe. Higher standards pit private and business aviation against commercial airlines, all competing for a dwindling pool of qualified pilots, writes, WOLE SHADARE Danger foretold The pilot shortage has its roots long before COVID-19. Industry leaders saw it coming more than three years ago — before the pandemic…

Nigerian airlines await ruling on Nigeria Air April 25

Posted on March 29, 2023March 29, 2023 by Wole Shadare

…Fault suit transfer to Abuja The decision to transfer the suit filed by Airline Operators of Nigeria (AON), the apex body of airlines operating in Nigeria challenging the process of the appointment of Ethiopian Airlines as the core investor will come up on April 25th, 2023 at the Federal High Court Abuja. The operators had approached the court seeking to interpret the law as it affects the process of procuring the services of Ethiopian…

Aviation professional flays airport proliferation, canvasses hub development

Posted on March 28, 2023March 28, 2023 by Wole Shadare

President of Aviation Safety Round Table and President Sabre West Africa, Dr Gabriel Olowo has faulted the rush for the establishment of airports by state governments. The expert claimed that most of the existing aerodromes are not commercially viable to attract flights to the facilities. Rather, Olowo advised that efforts should be geared towards developing hubs at the major airports in the country, especially at the Murtala Muhammed International Airport, Lagos with so many terminals…

Kenya Airways records improved revenue, forecasts sustainable recovery in 2024

Posted on March 27, 2023 by Wole Shadare

The Group’s total revenue in 2022 increased 66% to KES 117 billion 3.7 million passengers airlifted in 2022 registers 68% increase compared to 2021 Direct operating costs up by 93% Kenya’s national carrier, Kenya Airways Plc (KQ), has released its Full Year financial results for the year ending December 31st, 2022 at a virtual investor briefing. The Group’s revenue stood at KES 117 billion, a 66% increase from the previous year….

NiMET warns of high temperature rising above 40 degrees

Posted on March 26, 2023 by Wole Shadare

Kebbi, Zamfara, Sokoto, others to witness higher temperatures Bauchi, Gombe, Borno, Yola at risk of high thermal discomfort The Nigerian Meteorological Agency (NiMET) has warned that weather temperatures across some cities in Nigeria will rise above normal in the coming days. NiMET in a statement released on Sunday noted that temperature is expected to rise above 40 degrees in the next 48 hours where parts of Kebbi, Sokoto, Zamfara, Taraba, and Adamawa are expected…

Destructive passenger barred from flying

Posted on March 26, 2023 by Wole Shadare

A joint team of security personnel and Crime Intelligence and Investigative Unit (CIIU) have arrested and barred an aggrieved passenger, Oghenemini Oyibo Great from flying through the Nnamdi Azikiwe Airport, Abuja after he forced the boarding gate door at Module D and damaged the lock at the terminal. He was arrested last week Friday. The passenger intending on flying from Abuja to Benin had also been declared persona non-grata by the Federal Airports Authority of…

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