Wole Shadare, Author at Aviation metric

Imperative Of Aviation Insurance In Nigeria

Posted on September 13, 2022 by Wole Shadare

The just-concluded Aviacargo summit where stakeholders in the aviation and insurance industries brainstormed on gamuts of issues is an opener as the summit kept stakeholders spellbound as to where aviation is headed, writes WOLE SHADARE Discourse One issue that dominated discourse at the Aviacargo summit tagged ‘CHINET 2022’ put together by travel expert and consultant, Ikechi Uko, was the role of insurance in aviation; the need for comprehensive insurance packages for Nigerian airlines, and the…

Nigerian Airlines Pay Insurance Premium In Bits

Posted on September 13, 2022 by Wole Shadare

Insurance firms earmark $1b for indigenous airlines’ cover Despite Nigeria’s low air crashes or serious incidents, insurance firms, particularly those based overseas, still charge the country’s airline operators high insurance premiums, a situation that was attributed to the bad rating of the continent’s airlines in terms of safety. Speaking to Aviation Metric on the sidelines of two-day aviation, cargo, and export conference, tagged: “CHINET,’ held in Lagos, Director of Policy and Regulations at Nigerian…

How IATA’s $30 billion aid to support African aviation, tourism failed to reach people in need

Posted on September 12, 2022September 12, 2022 by Wole Shadare

Airlines’ trapped funds in Africa hit $1.3 billion The International Air Transport Association (IATA) said it had helped to secure pledges of $30 billion to support air transport and tourism in Africa from some governments, international finance bodies, and institutions such as the African Development Bank, the African Export-Import Bank, the African Union (AU) and the International Monetary Fund (IMF) but noted that disappointingly, most of this relief failed to reach those in need….

Passengers stranded over controllers, NAMA face-off, flights resume

Posted on September 12, 2022 by Wole Shadare

Unions protest, lament anti-labour law Aviation workers made good their threat as they shut the Aminu Kano International Airport (MAKIA), Kano over a dispute between the Federal Airports Authority of Nigeria (FAAN) and Nigerian Airspace. Many were left stranded in and out of the airport as they could not immediately fly out of the aerodrome. Flight operations however resumed a few hours later after a dispute between the Federal Airports Authority of Nigeria…

Nigeria’s MMA ranks fifth in cargo movement in Africa

Posted on September 11, 2022 by Wole Shadare

With 204, 649 tonnes of cargo, Nigeria’s Murtala Muhammed International Airport, Lagos, Nigeria has been ranked among the top five air cargo airports in Africa in 2001. Nigeria is behind Jomo Kenyatta International Airport, Kenya with 363, 204 tonnes of cargo, Cairo International Airport, Egypt (333,536 tonnes), Oliver Reginald International Airport, South Africa (304, 018), and the Addis Ababa Bole International Airport, Ethiopia with 226, 417 tonnes of cargo that moved through the aerodromes according…

CBN bars foreign airlines from accessing parallel market for funds repatriation

Posted on September 8, 2022September 8, 2022 by Wole Shadare

Travel agents chide operators over exploitative fares on Nigerian routes Three million jobs at risk as airlines, agents shrink businesses Despite defraying $265 million out of the $465 million and the accumulation of more airlines debts expected to hit $1 billion if nothing is urgently done, the National Association of Nigerian Travel Agencies (NANTA) said the exploitative fares charged Nigerian travelers by international carriers is unacceptable. This is coming as the CBN had bared international…

African airlines record rise in passenger, cargo markets-IATA

Posted on September 7, 2022September 7, 2022 by Wole Shadare

African airlines saw an 84.8% rise in revenue passenger kilometres (RPKs are the standard industry measure of demand) versus a year ago; increased passenger capacity by 46.7% This is coming as they achieved a 15.5 percentage point increase in the average passenger load factor (the proportion of available seats taken up by fare-paying passengers) which climbed to 75.0%, the lowest of all regions worldwide. Also, they retained a 1.9% share of the global airline passenger…

Minister accuses foreign airlines of rejecting Naira, block access to travel portals to travel agencies

Posted on September 7, 2022 by Wole Shadare

Chides carriers for deploying social media to press for demands The Minister of Aviation, Hadi Sirika has accused foreign airlines of blocking local travel agencies from accessing their websites for transactions, adding that intelligence reports indicated that some of the airlines are refusing Naira and charging their ticket fares in dollars in violation of the nation’s laws. He vowed to sanction international airlines that it said are now refusing to sell tickets in naira….

Business Owners, HR Professionals Hail BridgeGap’s Innovative ‘56 Bridge’ as App Goes Live

Posted on September 6, 2022 by Wole Shadare

App Set to simplify Recruitment Process 56Bridge, the Innovative App created by BridgeGap Consults Limited is now live to aid the seamless connection between employers and employees. Specifically, the app helps recruiters to attract and hire top talents from any part of the world, while facilitating job seekers to apply for jobs, write tests and attend interviews from the comfort of their homes. The recruitment App, which was showcased during a virtual live exhibition…

Ghana grants United Nigeria approval for flight services to Accra

Posted on September 6, 2022September 6, 2022 by Wole Shadare

Nigeria’s flag carrier airline, United Nigeria Airline is on the verge of beginning its operations to Accra, Ghana as plans are afoot to expand its operations to the West African sub-region. A report by AviationGhana stated that through diplomatic processes, the Nigerian carrier has been authorized to begin operating flights into Ghana. United Nigeria Airlines Limited, with a base at Enugu International Airport and an office in Abuja, is anticipated to finish the necessary…

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