Wole Shadare, Author at Aviation metric

Q1 22 Result: Delta Air liquidity rises to $12.8 billion, generates $1.8 billion operating cash flow

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

One of the biggest airlines in the world, Delta Air Lines today reported financial results for the March quarter of 2022 and provided its outlook for the June quarter of 2022. “With a strong rebound in demand as omicron faded, we returned to profitability in the month of March, producing a solid adjusted operating margin of almost 10%. As our brand preference and demand momentum grows, we are successfully recapturing higher fuel prices, driving…

United Nigeria, Wakanow partner to deliver real-time inventory, flight schedules

Posted on April 13, 2022 by Wole Shadare

United Nigeria Airlines has integrated with Wakanow, Africa’s leading travel tech company, to provide greater value to its customers by delivering real-time inventory and flight schedules. By virtue of this partnership, Wakanow is the only online travel agency with United Nigeria’s Live Inventory bookable in real-time enabling the delivery of a seamless booking experience for Wakanow customers and United Nigeria passengers. Speaking during a courtesy visit to United Nigeria, Mr. Adebayo Adedeji, CEO of Wakanow,…

Waiting With Bated Breath Amid Challenges

Posted on April 12, 2022 by Wole Shadare

First-quarter 2022 shows the tremendous pace the Federal Government is putting into some projects it wants to bring to fruition and one that it has inexplicably struggled to seal. Overall, the sector had its fair share of challenges that it is bound to surmount, writes WOLE SHADARE Concession, national carrier project gather pace The Nigerian aviation industry in the first quarter of 2022 is one that came with its ups and downs and one that…

Aviation: Expression For Industry Consolidation Heightens

Posted on April 12, 2022 by Wole Shadare

The Chief Executive Officer, Kenya Airways, Allan Kilavuka, has disclosed that the airline industry in Africa needs a period of consolidation if the continent is to overcome its connectivity challenges. Already, shifts towards new market policies, airline behavior, operation models, and governance are clearly pointing towards a consolidated African aviation sector. Accelerated by the onset of the pandemic, what were once loose discussions around the formation of mutual pan-African airline ties are now taking…

NCAA approves C-checks on Dana’s MD-83 aircraft by 7Star Hangar

Posted on April 6, 2022 by Wole Shadare

The Nigerian Civil Aviation Authority (NCAA) has given approval to 7Star Global Hangar Limited to carry out three C, CPCP, ADS, and ADD on Dana airlines MD83 aircraft with the registration number, 5N-SAI In an approval letter from the NCAA signed by Engr V Goyea, General Manager (ACCA) for the Director-General l, urged 7STAR to comply with all extant provisions of Nig. CARs and in particular Nig. CARs part 6, and in addition, all…

Africa outperforms other regions in air cargo in February, up 2.9%

Posted on April 6, 2022 by Wole Shadare

African airlines saw cargo volumes increase by 4.6% in February 2022 compared to February 2021. Capacity was 8.2% above February 2021 levels. Available capacity in the region was up 15.5% compared to February 2021, however, it remains heavily constrained compared to pre-COVID-19 levels, down 14.6% compared to February 2019. The zero-COVID policy in mainland China and Hong Kong is impacting performance. This was unfolded by the International Air Transport Association (IATA) released data for global air…

Airlink commences Durban-Harare flights

Posted on April 5, 2022 by Wole Shadare

Airlink, Southern Africa’s premier airline has launched its direct scheduled air service between Durban and Harare. The first flight departed Durban’s King Shaka International Airport at 10.30 and arrived at Harare’s Robert Mugabe International Airbus at 12.40. The return service took off at 13.20 and touched down in Durban at 15.35 where the flight was welcomed with a traditional water cannon salute. “The convenience, customer appeal, and affordability of our new direct service will…

Any hope for Uganda Airlines amid African carriers’ poor financial record?

Posted on April 5, 2022 by Wole Shadare

The frequent changes in airlines management have called to question the focus of Uganda Airlines to provide seamless air transport services. The carrier three days ago unveiled a new board of directors, three months after the old board and the Chief Executive Officers were sacked. The airline’s new board chaired by Priscilla Mirembe Serukka was unveiled on April 1. The old board was chaired by Ahabwe Perez and was first suspended in April last year with the airline’s Chief…

Unbridled Multiple Designations Amid Discordant Tunes

Posted on April 5, 2022 by Wole Shadare

The effect of multiple designations is almost discordant, but also riveting in the face of at-risk domestic airlines, writes WOLE SHADARE Sustainable aviation industry An active and sustainable local aviation industry has strategic importance that goes beyond mere commercial and business objectives. It is a matter of national interest and security. So far, the administering of Nigeria’s Bilateral Air Service Agreement (BASA) has been a matter of serious concern considering it is supposedly based on…

Power outage at Lagos airport disturbing-Reps

Posted on April 4, 2022 by Wole Shadare

The House of Representatives Committee on Aviation headed by Nnolim Nnaji has urged the Federal Airports Authority of Nigeria, (FAAN) to put all necessary measures to avert a repeat occurrence of the type of power outage experienced at the D finger arrival of the international wing of the Murtala Mohammed Airport, (MMIA), Ikeja Lagos last week. The D finger arrival was thrown into darkness for over fifteen minutes on the night of Friday, first of…

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