Wole Shadare, Author at Aviation metric

NOVA Merchant Bank Bond Reaffirmed as “A” Rated

Posted on May 19, 2021May 21, 2021 by Wole Shadare

In recognition of the strong underlying fundamentals driving its business, Datapro reaffirmed an “A” rating on the Bank’s N10 billion 7-Year Subordinated Unsecured Bond issued under its N50 billion debt issuance programme. The bond has a fixed coupon rate of 12% per annum. This achievement follows the recent publication of the Bank’s financial results for FY2020 in which it declared a profit after tax of N3.49bn in 2020 compared to N1.65bn in 2019. The Bank also…

African Airlines In Dire Straits

Posted on May 18, 2021 by Wole Shadare

Airline sector in Africa continues to struggle, with most of them in the red, even as startups and most existing airlines will struggle to overcome the obstacles that have repeatedly prevented most airlines on the continent from succeeding. WOLE SHADARE writes Wrong step Many years ago, African airlines dominated the skies of Africa. Gross mismanagement and corruption saw to the end of promising airlines like Nigeria Airways, Ghana Airways, Air Afrique and others that connected…

Max Air’s Abuja bound flight suffers bird strike, makes air return

Posted on May 18, 2021May 18, 2021 by Wole Shadare

NCAA backs Aero pilots on aborted flight A Max Air’s Abuja bound aircraft Tuesday suffered a bird strike ten minutes after take-off at the Aminu Kano International Airport, (MAKIA), forcing the aircraft to return to Kano. Among the passengers was the Emir of Kano, Aminu Ado-Bayero. The Max Air B737 plane with registration number VM1645 which was slated for take-off 1.30 pm had about a 30 minutes delay. The aircraft later took off around 2:00…

Foreign Airlines See Nigeria, Africa As Growth Potential

Posted on May 18, 2021May 18, 2021 by Wole Shadare

More carriers eye continent, Delta awaits FG’s nod S’ Arabia waives quarantine requirement There are indications that many international airlines have come to the reality that Africa is a growth area for the survival of airlines as a way of navigating the COVID-19 crisis disruptions that have affected many airlines across the world. To this end, many airlines across Europe and the United States are working on modalities to begin services to Nigeria, Accra and…

Joy as United Airline reconnects Washington-Accra, awaits Nigeria’s approval

Posted on May 15, 2021May 15, 2021 by Wole Shadare

Dulles Int’l airport celebrates new service to Accra Enthusiastic media, representatives of United and Ghanaian authorities today welcomed the resumption of the United States based United Airlines as the airline’s first flight landed in Accra, Ghana this morning. The airline has now reconnected Washington DC and Accra by air. This is coming as the airline is looking forward to offering nonstop service between Lagos and Washington, D.C. with a new, three-times weekly service. The…

BA Trials ‘World First’ 25 Second COVID-19 Test

Posted on May 13, 2021 by Wole Shadare

Saliva test can detect symptomatic, asymptomatic individuals with virus Trial to be conducted by flight, cabin crew British Airways is the first airline in the world to conduct a trial with medical tech company Canary Global, to assess how its Pelican Covid-19 Ultra Rapid Covid-19 test, which displays a result within 25 seconds, can play a role in opening up travel. The airline will be inviting flight and cabin crew to take the Pelican…

Turboprops: Resilient, productive aircraft for intra-Africa air services

Posted on May 12, 2021May 12, 2021 by Wole Shadare

Air access is key to growing tourism markets in Africa. A number of African airlines are improving air links within the continent and West African region following a shift from regional aircraft to smaller aircraft especially Turboprops. This has brought some of the most exciting developments in the realm of intra-African air services. Flying within West Africa and within East Africa had long been costly for airline operators but that is slowly beginning to change as air…

National carrier: Endless wait for a dream

Posted on May 12, 2021 by Wole Shadare

The Federal Government disclosed how far it has gone with its proposed national airline. How long more can Nigerians wait? How desirable is a national airline to Nigeria? Could it just be for national pride sake or pure business venture? Time shall tell exactly when the much awaited airline is going to birth. Could it be a stillborn or one that will actually be born? , writes, WOLE SHADARE So long, too long The project is…

Lagos Marriott Hotel, Ikeja: Redefining Luxury In The Hospitality Industry

Posted on May 11, 2021May 11, 2021 by Wole Shadare

If you ask friends and colleagues who appreciate the finer things in life ‘what defines a luxury hotel?’, you’ll likely get a range of responses from mod cons – with everything from a decent restaurant to a spa – to seamless, exceptional services and décor. The Lagos Marriott Hotel, Ikeja typifies everything that has to do with premium hospitality service in Lagos as lover of the service are in for an exciting experience as the facility…

Green Africa announces route network, inches closer to operation

Posted on May 11, 2021 by Wole Shadare

Green Africa, Nigeria’s Lagos-based value airline, has announced its launch route network ahead of entry into service. With plans to commence operations from its Lagos base at the General Aviation Terminal (GAT), Green Africa will launch flight operations to connect seven cities after completing its ongoing Air Operator Certificate (AOC) process with the NCAA which is now in advanced stages. Additional cities within Nigeria will be added as the value carrier scales its operations. Plans…

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