Wole Shadare, Author at Aviation metric

African airlines to post $638 million loss in 2022, global carriers return to profit in 2023

Posted on December 6, 2022 by Wole Shadare

To earn $4.7 billion net profit on $779 billion revenue in 2023 Macro-economic headwinds make connectivity complex in Africa-IATA Despite the economic uncertainties, the International Air Transport Association (IATA) said there are plenty of reasons to be optimistic about 2023, predicting that it expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic to their business in…

Aero Contractors: Airline In Search Of Lost Glory

Posted on December 6, 2022 by Wole Shadare

It is still a surprise to many how Nigeria’s premium airline, Aero Contractors, was run aground. Like a scene in a horror film, Nigerians watched in disbelief how the carrier became a shadow of its former self. But, Capt Ado Sanusi who heads the carrier is in a race to turn the fortunes of the airline around, writes WOLE SHADARE A rebirth? The Assets Management Corporation of Nigeria (AMCON)-backed Aero Contractors last week relaunched services…

US-Nigeria ‘Open Skies’ pact allows American carriers to charge fares in dollars

Posted on December 5, 2022December 5, 2022 by Wole Shadare

Nigeria’s second largest US export destination sub-Sahara Africa Delta Airlines marks 15 years operations to Lagos In what serves as an exemption to the rule, the ‘Open Skies’ agreement between Nigeria and the United States of America which has a clause on ticket sales rules allows American carriers to charge fares in whatever currencies they choose to. Delta Airlines has taken advantage of that clause to offer fares in the United States dollars which…

NSIB, Saudi accident investigative body ink deal to promote air safety

Posted on December 5, 2022December 5, 2022 by Wole Shadare

The Nigerian Safety Investigation Bureau (NSIB) has signed a Memorandum of Understanding with the Accident Investigation Bureau of the Kingdom of Saudi Arabia (AIB-KSA) to enhance aviation safety in both countries. According to the Director-General of the NSIB, Akin Olateru, the MoU, which was signed Monday by both parties at Transcorp Hilton Hotel, Abuja, would ensure cooperation and assistance in the field of civil aircraft accident and incident investigation. He added that the cooperation…

Delta’s incredible success story on Nigerian routes 15 years after

Posted on December 5, 2022December 5, 2022 by Wole Shadare

Flew 1.65 million passengers, carried 20, 000 tonnes of cargo in 15 years The Nigeria-United States route was never seen to be one that excited US carriers. For many years, they were contented with the huge market the US provided for its teeming airlines. For many years, Africa never featured in their programmes. Where they did, they only offered limited air services. They left the market to European airlines which fed fat on…

How to ensure airspace safety with drone operations-Idowu

Posted on December 4, 2022 by Wole Shadare

The president of Nigeria Unmanned Systems and Robotics Association (NUSA), Air Vice Marshal Olufemi Idowu (Rtd) said, the body would continue to liaise with appropriate Nigeria licensing authorities to ensure that safety is not compromised while operating drones. Not a few are of the view that the right legislation and regulations regarding the use of unmanned aerial vehicles (UAVs) are a step in the right direction for aircraft accident investigation Drones may be the source…

Gains, strides under your leadership extraordinary, ex-NTSB boss, Jones, writes Olateru

Posted on December 4, 2022December 4, 2022 by Wole Shadare

Condoles agency chief over mother’s death The retired Managing Director of the United States National Transportation Safety Board (NTSB), Mr. Dennis Jones has lauded the giant strides of Nigeria’s Accident Investigation Bureau (AIB) for its tremendous role in the improvement of air safety in the country. Jones in a letter he personally sent to Commissioner, AIB, Akin Olateru, and made available to Aviation Metric described the gains made by the AIB under Olateru’s leadership…

SAA introduces new destinations, increases frequencies

Posted on December 1, 2022 by Wole Shadare

South African Airways (SAA) introduces new routes just in time for the festive season. The airline commences services to Victoria Falls in Zimbabwe, Windhoek in Namibia, and a special schedule for Ggeberha from Johannesburg, OR Tambo International Airport. On December 8, 2022, SAA will commence twice daily flights to Windhoek in Namibia, seven days a week. SAA has made it easier for customers to enjoy unique safaris which connect you to the earth and beautiful…

Nigerian airlines post losses for 30 years, Aero chief list carriers’ pitfalls

Posted on December 1, 2022 by Wole Shadare

Aero re-launches flights Dec 5 Plans regional operations The Managing Director of Aero Contractors, Capt. Ado Sanusi has highlighted the precarious nature of the airline business in Nigeria, disclosing that no airline in the country has posted a profit in the past 30 years. Sanusi who spoke at the re-launch of Aero Contractors Airlines on Thursday at the carrier’s hangar at the Murtala Muhammed Airport, Lagos said most airlines in the country are challenged by…

How Ghana settled for Ghana Airlines as new national carrier

Posted on December 1, 2022 by Wole Shadare

The Ghanaian Government for months battled for a name for its new national airline that is expected to be launched in January 2023. Ahead of the selection, names such as Akwaaba Airlines, Black Star Airlines, and Kente were mooted as part of the efforts to get suitable names that will reflect Ghana’s culture and boost the enterprise. But the Minister of Finance, Ken Ofori-Atta, presenting the 2023 budget before Parliament on November 24, 2022,…

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