Wole Shadare, Author at Aviation metric

How fraud hits airlines from booking, ticketing processes to flight journey-Experts

Posted on August 19, 2022 by Wole Shadare

The 2022 Nigerian Aviation Forum (NAF) featured a number of experts in the aviation industry. The aim of the conference organized by the 7Star Global Institute of Management Science and Technology was aimed at using the vast knowledge of experts to help tackle corruption in the aviation sector. The forum admitted that fraud is a big issue in the aviation industry and experts have likened it to a leaking tank. Some have also said that…

IATA blasts Nigeria as trapped funds hit $464 million

Posted on August 18, 2022 by Wole Shadare

The International Air Transport Association (IATA) has again blasted Nigeria for withholding international airlines funds which it said has hit $464 million. This is coming after Emirates Airlines announced the suspension of all Nigerian routes starting from September 1, 2022, as the carrier said it could not continue flights to Nigeria, lamenting its trapped $85 million. IATA’s Regional Vice-President for Africa and the Middle East, Kamil Alawahdi in a statement on Thursday expressed disappointment with…

SAHCo backs NDLEA on war against drugs

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

Skyway Aviation Handling Company PLC (SAHCO) has declared its continuous support for Nigeria’s fight against the peddling of controlled substances. The Managing Director/CEO of SAHCO, Basil Agboarumi stated that SAHCO boasts of well-trained staff that is equipped to know what to look out for according to world best practices before accepting Cargo and are also trained to be cooperative with Government agencies like The National Drug Law Enforcement Agency (NDLEA) assigned to SAHCO’s Import and…

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…

« 1 … 205 206 207 208 209 … 628 »