Deputy General Manager, NAMA, Evelyn Njoku becomes Fellow NIPR

Deputy General Manager, NAMA, Evelyn Njoku becomes Fellow NIPR

Deputy General Manager, Public Affairs, Nigerian Airspace Management Agency (NAMA), Evelyn Njoku has been inaugurated as a Fellow of the Nigerian Institute of Public Relations after a rigorous presentation and other screening processes.   She was last week inaugurated during the 2022 NIPR Summit and Annual General Meeting at the International Conference Center in Abuja.   Njoku expressed gratitude to the Acting Managing Director of NAMA, Mr. Lawrence Pwajok, the management and staff of the…

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CBN bows to pressure, releases $265 million out of $464 million airlines trapped funds

CBN bows to pressure, releases $265 million out of $464 million airlines trapped funds

The Central Bank of Nigeria (CBN) may have bowed to both internal and external pressure as the country’s apex Bank released the sum of $265 million out of the total $464 million trapped funds to the carriers. Just this week, the Minister of Information, Alhaji Lai Mohammed told reporters at the Murtala Muhammed Airport, Lagos that the Federal Government was working on resolving the impasse arising from keeping the airlines’ funds in the country. The…

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Former NCAA DG, Demuren proposes sale of First, Business class tickets in dollars

Former NCAA DG, Demuren proposes sale of First, Business class tickets in dollars

Says keeping carriers’ funds, dangerous How Abdulmutallab, raised security apparatus in Nigerian aviation-Experts     A former Director-General of the Nigerian Civil Aviation Authority (NCAA) Dr. Harold Demuren has proposed a way at solving the embroglio between Nigeria and foreign airlines over the carriers’ $464 million trapped funds. Demuren had at the Aviation Round Table (ART) second quarter 2022 Breakfast Business Meeting, with the theme, “Perspective in Multi-Layer Aviation Security System and Passenger Facilitation”, held…

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Kenya Airways reduces operating loss, maintains path to recovery, releases Half Year 2022 results

Kenya Airways reduces operating loss, maintains path to recovery, releases Half Year 2022 results

Kenyan national carrier, Kenta Airways Plc National carrier Kenya Airways PLC (KQ) has released its Half Year financial results for the six months ending June 2022 at a virtual investor briefing held this morning. The Group’s total revenue stood at Kshs 48,104 million, recording a 76% increase compared to the same period last year. This increase is mainly attributed to significant growth in passenger revenue which grew by 109%, and cargo revenue which increased by…

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Jumia as a Driver of Growth for SMEs in Nigeria

Jumia as a Driver of Growth for SMEs in Nigeria

Starting a business is no easy feat. There is a lot of research, planning, and capital that goes into it. It often feels like there are 1,000 things to do at the same time. New small business owners are often faced with this reality, but, over the years, Nigeria’s leading e-commerce platform, Jumia, has helped several vendors get online, reduce and, in most cases, eliminate some of the costs associated with running their business. The…

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Key stakeholders to discuss African aviation sustainability, others at Aviators Africa summit, awards

Key stakeholders to discuss African aviation sustainability, others at Aviators Africa summit, awards

Key top stakeholders in the African aviation, travel, and tourism industries will meet to discuss the promotion and the advancement of the development and sustainability of the continent’s aviation and its allied industries at the fourth Aviators Africa conference and awards. It is an event organized for the aviation, travel, and tourism sectors in Africa. The full-day conference will attract over 200 delegates and will feature panel sessions and presentations of papers from airline operators,…

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Airlines Struggle To Navigate Turbulent Skies

Airlines Struggle To Navigate Turbulent Skies

Airlines provide a vital service, but factors, including the existence of loss-making carriers, bloated cost structure, vulnerability to exogenous factors, and a reputation for poor service, combine to present impediments to profitability, writes WOLE SHADARE The sad reality The airline industry is no stranger to difficulties that have led them to bankruptcies and extinction. Many Nigerian carriers are technically bankrupt. Their indebtedness to various aviation agencies like the Federal Airports Authority of Nigeria (FAAN), the…

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Job losses loom over airlines’ $464 million stuck funds, NUATE writes Sirika

Job losses loom over airlines’ $464 million stuck funds, NUATE writes Sirika

The National Union of Air Transport Employees (NUATE) has expressed concern about the likely loss of jobs occasioned by the withholding of $464 million of airlines’ funds. In a letter to the Minister of Aviation, Hadi Sirika signed by NUATE General Secretary, Ocheme Aba disclosed the ugly situation of hundreds of millions of dollars earned by foreign airlines operating in Nigeria, but which they have been unable to repatriate due to Nigeria’s foreign exchange challenges…

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Hope rises as Minister assures release of airlines $464 funds

Hope rises as Minister assures release of airlines $464 funds

There seems to be hope for foreign airlines that their over $464 million stuck funds would be released as the Minister of Information, Alhaji Lai Mohammed said the government was working on resolving the matter. Speaking at a tour of Lagos airport, the Minister said relevant authorities of the government have escalated action on the issue assuring that very soon the matter will be history. This is heart-warming for the carriers that had mounted pressure…

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Airlink resumes Richards Bay flights next week

Airlink resumes Richards Bay flights next week

Southern Africa’s premier airline will resume scheduled services between Johannesburg and Richards Bay from 19 September 2022. The reinstatement of daily flights follows Richards Bay Airport’s securing of the necessary resources to accommodate scheduled airline services after an enforced 20-month hiatus. “Richards Bay is vital to the economies of KwaZulu-Natal and the entire country. Its viability and development depend on a fully-functioning and efficient transportation system, with air connectivity playing a key role in driving…

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