Wole Shadare, Author at Aviation metric

Emirates quits Nigeria Sept 1 over trapped funds, carriers mull action

Posted on August 18, 2022August 18, 2022 by Wole Shadare

Mega carrier, Emirates Airlines has taken the hard decision to stop flight operations to Nigeria in its futile efforts to repatriate its over $85 million trapped in the country. To this end, the carrier announced that it would cease flight services to Nigeria on Sept 1, 2022. The $85 million Emirates fund is part of the over $450 million airlines’ funds still withheld by the country. Other countries in Africa that hold on to…

Lagos-J’burg route: From lucrative to potentially loss-making

Posted on August 17, 2022August 17, 2022 by Wole Shadare

Lagos-Johannesburg was one of the best routes for South African Airways (SAA) because of the high yield and the boom in business activities between Nigeria and South Africa. The crowding of the route by Air Peace and ASKY is potentially turning it into loss-making. Visa issues, jet fuel hikes, and forex hiccups have forced Air Peace to make a retreat. WOLE SHADARE examines what is playing out on the route Once a juicy route The Nigeria-South…

Experts to speak at summit on fraud detection, prevention in the Nigerian airline industry

Posted on August 15, 2022 by Wole Shadare

Nigeria Aviation Forum (NAF) holds its inaugural summit with the theme: “Fraud Trigger, Detection, and Prevention: An experience from Nigerian Airline Industry”. The online summit will be held on Tuesday, August 16, 2022, at 11 am via Zoom with speakers from Aero, Dana, Arik, Peace, NCAA, AMOs, among others. Other speakers lined up are Chief Executive Officer at West Link Airlines ·Capt. Ibrahim Mshella, former Director-General of the Nigerian Civil Aviation Authority (NCAA), Benedict…

Foreign carriers fret over Naira devaluation, risk loss on over $450 million trapped funds

Posted on August 15, 2022August 15, 2022 by Wole Shadare

Emirates begins Nigeria route capacity cut today Foreign airlines are said to be scared of their humongous funds trapped in the country and the reason they have clandestinely raised the value of air tickets by over 100 percent. Consequently, the carriers are worried over the devaluation of the country’s currency which they said hurt the carriers. A top official of an airline who pleaded anonymity told Aviation Metric that the devaluation of the…

Rise of dollar against Naira, pandemic against tourism- DG NTDC

Posted on August 13, 2022August 13, 2022 by Wole Shadare

Director General, Nigeria Tourism Development Corporation ( NTDC), Foluronsho Coker has expressed concern over the sudden rise of the US dollar against the Naira is posing a huge threat to the survival of tourism and related enterprises in Nigeria and in third-world countries. He likened the dollar situation, particularly its scarcity to another COVID-19 pandemic, which has affected the fabric of goods and services in Nigeria in recent times. “The dollar has ravaged our industry,…

From obscurity to W’Africa accident investigation power house

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

From obscurity to one of pride, not only for Nigeria but for the West African sub-region: That is the story of the Accident Investigation Bureau- Nigeria (AIB-N) as the Republic of Cameroon sought the support of the Bureau to help investigate an air accident that occurred in the sister African country. The accident, involving a Havilland DHC 400 Twin Otter aircraft, occurred on May 11, in Cameroon. The recent invitation by Cameroon’s Director of Civil…

Emirates invests over $2 billion in cabins, retrofit 120 planes with latest interiors

Posted on August 12, 2022 by Wole Shadare

In a bid to give customers some of the biggest customer experiences, the mega carrier, Emirates is investing $2 billion to enhance its inflight cabins. The carrier is also undertaking a massive programme to retrofit over 120 aircraft with the latest interiors, plus an array of other service improvements across all cabins starting in 2022. Emirates is still flying on its brand promise of ‘Fly Better.’ Sir Tim Clark, President of Emirates Airlines said: “While…

Green Africa recounts not too pleasant experience one year after operations

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

Lists high jet fuel, forex fluctuation, others as sector’s problem Gives 365 free tickets to customers Green Africa has relived its experience in the tough aviation industry one year after starting scheduled passenger operations, attributing its survival and success to the support and patronage it has enjoyed in the past 365 days from its loyal clientele and other stakeholders. The carrier in a statement said it had weathered many challenges in the difficult…

Aero goes into JV with UMZA Air, acquires aircraft, repositions

Posted on August 11, 2022August 11, 2022 by Wole Shadare

Aero Contractors, Nigeria’s oldest aviation company has taken delivery of the first set of two Dash-8 (Q-400) aircraft this afternoon at the Nnamdi Azikwe International Airport, Abuja. The Nigerian registered aircraft owned by UMZA Air will be operated by Aero Contractors under a joint venture agreement between both parties. The Dash 8 aircraft is one of the most fuel-efficient and modern aircraft in the market and has a capacity of 74 seats. The second…

We sell tickets in Naira for journeys originating from Nigeria-SAA

Posted on August 11, 2022 by Wole Shadare

South African Airways (SAA) said contrary to some reports (Not Aviation Metric) that the carrier has begun to sell tickets in dollars, the carrier clarified that tickets are still sold in Naira for journeys originating from Nigeria to South Africa. A top official of the airline who spoke to Aviation Metric under a condition of anonymity said SAA is not selling tickets in dollars in Nigeria, adding that tickets are still been sold in…

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