Wole Shadare, Author at Aviation metric

How I went through the process to build MMA2 from scratch, says Babalakin

Posted on June 17, 2021June 17, 2021 by Wole Shadare

Dr. Wale Babalakin (SAN) is a Nigerian businessman, lawyer and philanthropist. He is Chairman of Bi-Courtney Group of companies, amongst them Murtala Muhammed Airport 2 (MMA2) which is the biggest privately built airport terminal in Nigeria. In this interview, Babalakin speaks on he build the MMA2 from scratch and secured concessioning of Lagos-Ibadan Expressway among others. Excerpts The MMA2 terminal regarded as the best run terminal in Nigeria has generated so much controversy with back…

7Star Hangar plans $1b annual capital flight reduction, NCAA grants firm MRO certificate

Posted on June 17, 2021 by Wole Shadare

Invests $10 million on equipment, tools, training The Nigerian aviation industry is on the verge of witnessing a boom in terms of aircraft maintenance that could save the country and the entire West African region over $1 billion annually in ferrying aircraft offshore on different types of aircraft checks. The Nigerian Civil Aviation Authority (NCAA) has granted 7Star Global Hangar Ltd, an Aircraft Maintenance Organisation (AMO) to operate an all-inclusive Maintenance Repair and Overhaul…

NCAA cautions pilots, others over hazardous weather during rainy season

Posted on June 16, 2021June 16, 2021 by Wole Shadare

The Nigerian Civil Aviation Authority (NCAA) has cautioned all pilots over severe thunderstorms and other hazardous weather which hamper flight operations especially now that raining is here. This warning is a follow up to the Advisory Circular (AC) with reference no AC: NCAA-AEROMET – 31 addressed to all Pilots and Airline Operators and signed by the Director General, Capt. Musa Nuhu. This is coming on the advent of the Seasonal Climate Prediction (SCP) released by…

Return Of In-Flight Catering As Burden To Airlines

Posted on June 15, 2021 by Wole Shadare

In-flight catering that was suspended in the wake of COVID-19 has returned. It brings to the fore the overstretching of airlines’ finances and, at the same time, trying to abide by regulatory directive, WOLE SHADARE writes Going back memory lane The first airline meals were served on a Handley-Page flight from London to Paris on October 11, 1919. They were pre-packed lunch boxes at three shillings each. United Airlines is the first airline to install kitchens…

Emirates reports first ever loss in 33 years

Posted on June 15, 2021 by Wole Shadare

Emirates reports its first ever loss in 33 years. It announced an AED 22.1 billion ($6 billion) Group loss for its financial year 2020-2021 on June 15. The airline branch contributed to this loss with AED 20.3 billion. Emirates is giving no guidance on its current financial year, but aims “to recover to our full capacity as quickly as possible.” With its financial year running from March to March, Emirates suffered all the pain from…

Airlink Launches J/burg-Entebbe Service

Posted on June 10, 2021June 23, 2021 by Wole Shadare

Airlink, the independent Southern African regional airline, will add another new route to its expanding intra-Africa network in the coming weeks with the launch of its Johannesburg-Entebbe service. Flights on the route will operate four times a week from July 19, 2021, connecting with Airlink’s domestic and regional network to and from various Southern African destinations. “Entebbe, which is situated on the shores of Lake Victoria, serves Kampala, which is Uganda’s economic and trading hub,…

Appraising airlines, intra-Africa market hiccups

Posted on June 8, 2021 by Wole Shadare

The COVID-19 pandemic has devastated global aviation. The fallout is being severely felt across the African continent, writes WOLE SHADARE Negligible impact Even before the pandemic, only 9% of the continent’s air traffic was between African countries themselves. It’s common to hear stories that the fastest, easiest, and sometimes cheapest way to fly within the continent is via one of the big hubs in Europe or the Middle East. It’s no surprise that intra-regional African traffic…

NOVA Merchant Bank Lists Bond On Nigerian Stock Exchange

Posted on June 8, 2021 by Wole Shadare

NOVA Merchant Bank recently concluded the listing of its N10 billion 7-Year Subordinated Unsecured Bond on the Nigeria Stock Exchange. This milestone was marked by the Bank partaking in the closing gong ceremony held remotely with Mr. Nath Ude MD/CEO NOVA Merchant Bank, Olumide Bolumole Divisional Head Listings Business NGX Limited, Peter Ashade Group CEO United Capital Plc and Rasheed Yusuf Doyen of the Nigerian Capital Market in attendance. This listing follows the recent reaffirmation…

Bad weather forces Abuja bound British Airways to divert to Lagos

Posted on June 8, 2021 by Wole Shadare

A British Airways’ Abuja bound flight early this morning made a diversion to Murtala Muhammed International Airport, Lagos, following bad weather. Flight diversions are necessary procedure in aviation whenever the flight crew feels there is a need to do so, to save passengers and aircraft. Civil aviation permits that just as flight crew are trained to take safe precautionary measures during flight operations. Aviation Metric gathered that the diversion happened some minutes to 5am…

Mega carrier CEOs, Heathrow airport seek re-opening of transatlantic travel

Posted on June 7, 2021June 7, 2021 by Wole Shadare

The CEOs of all airlines that offer UK-US passenger services – American Airlines, British Airways, Delta Air Lines, JetBlue, United Airlines and Virgin Atlantic joined today with Heathrow Airport and other industry-leading CEOs in calling for the re-opening of transatlantic travel, a move that will be essential to igniting economic recovery. Top leaders in aviation and travel came together ahead of the G7 meeting in Cornwall later this week to push for the reopening of…

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