Wole Shadare, Author at Aviation metric

Government begins move to nationalise Kenya Airways

Posted on August 23, 2021 by Wole Shadare

The Government of Kenya may have begun the nationalization of one of Africa’s biggest airlines, Kenya Airways. The success of that venture would make the carrier fully owned by the government just like many carriers in the continent like Ethiopian Airlines, Rwandair, and South African Airways among other national airlines. Kenya Airways is currently a public-private partnership. The largest shareholder is the Government of Kenya (48.9%), with 38.1% being owned by KQ Lenders Company 2017…

Balami: Jet A1 Price, Aircraft Maintenance Are Airline Operators’ Critical Challenges

Posted on August 23, 2021August 23, 2021 by Wole Shadare

The recent issuance of an Aircraft Maintenance Organisation (AMO) certificate to 7Star Global Hangar Ltd, to operate an all-inclusive Maintenance Repair and Overhaul (MRO) facility has elicited joy amongst airline operators and the entire aviation stakeholders as that could stem over $1billion capital flight usually expended for aircraft maintenance repairs overseas. The Chief Executive Officer of 7-Star Global Hangar, Isaac Balami is an aircraft engineer and a consummate entrepreneur. In interview with WOLE SHADARE, he speaks on the overall…

COVID-19: Kenya Airways invest in technology, begins contactless transactions

Posted on August 20, 2021 by Wole Shadare

From September 1, 2021, one of Africa’s biggest airlines, Kenya Airways PLC (“KQ”) would begin the implementation of contactless transactions to enhance customer and staff health and safety priorities in the wake of the COVID-19 pandemic. The contactless transactions align with the airline’s strategy to develop sustainable business operations through investing in innovative processes and technologies for customer safety and security throughout the customer journey. Customers will be encouraged to use mobile money, credit or debit…

Sterling Bank, others back cargo, business expo

Posted on August 19, 2021 by Wole Shadare

One of Nigeria’s most innovative financial institutions Sterling Bank is reinforcing its emerging position as the biggest supporter of transport and travel business in Nigeria. Sterling is partnering with the first aviation and cargo conference to help grow export and cargo business through the airports. Nigeria imports tonnes of cargo by air everyday but exports very little by air. Freighters arrive Nigerian airports everyday fully laden but leave empty. To address this problem the Chinet…

IATA slams Nigeria, other over $1b airlines’ trapped funds as country owes carriers $143 million

Posted on August 19, 2021August 19, 2021 by Wole Shadare

Says action contravenes int’l convention, slows travel recovery The International Air Transport Association (IATA) has lamented the failure of governments to repatriate nearly $1b of airlines’ revenues trapped in their countries. The clearing house for over 290 global airlines representing 82 per cent of global traffic has however urged governments to abide by international agreements and treaty obligations to enable airlines to repatriate close to nearly $1 billion in blocked funds from the sale…

$7 million investment at risk over airline, NCAA spat

Posted on August 19, 2021August 19, 2021 by Wole Shadare

AOC renewal in Nigeria faulty Carrier didn’t meet safety requirement-NCAA A $7 million airline investment in Nigeria is about to go the way of others as Tropical Arctic Logistics (TAL), a Lagos-based non-scheduled domestic airline, has accused the Nigerian Civil Aviation Authority (NCAA) of its refusal to renew its Air Operator Certificate (AOC). The AOC is a certificate that paves the way for airlines to operate in the country’s aviation industry. Chief Operating Officer of TAL, Olufemi…

Earth Networks, NiMet Announce Weather Services Partnership

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

Provides new nationwide early lightning detection, others Earth Networks, a global provider of weather intelligence, announced on Wednesday it formed a partnership with the Nigerian Meteorological Agency (NiMet). The agreement includes a five-year collaboration to build the Nigeria Total Lightning and Mesoscale AWS Network (NTLMAN) for early warning of severe weather. The partnership was commemorated during a live virtual Memorandum of Understanding signing ceremony from Abuja and Germantown, Maryland. Under the agreement, Earth Networks…

New airlines: Same or purpose driven competition?

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

Green Africa is Nigeria’s newest airline having started flights last week. Nigerians are ready to travel again following COVID-19 pandemic. More airlines are offering services. Competition will become tougher as more people plan to join. What unique services would they be offering? WOLE SHADARE raises some posers Great expectation Is it going to be the same or a purpose driven competition to benefit Nigerians? Time shall tell. Nigerians are ready to travel again for leisure and…

FAAN Generates N408.69bn From Passengers’ Service Charge

Posted on August 16, 2021 by Wole Shadare

Expert bemoans IGR under-declaration We have limited resources for airport projects –FG Following series of reforms in the nation’s aviation sector, the Federal Airport Authority of Nigeria FAAN), earned about N408.69 billion within a period of five years. The amount, according to figures released by an aviation security consultant and Secretary General of Aviation Safety Round Table Initiative (ASRTI), Group Captain John Ojikutu (rtd), was realised between 2015 and 2019 from Passenger Service Charge…

Afghanistan unrest worries IATA, airlines boycott airspace

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

Carriers seek alternative routes for evacuation The International Air Transport Association (IATA) has expressed worry over the situation in Afghanistan, noting that safe and secure flight operations are the top priority for aviation. The clearing house for over 290 global airlines said it was closely monitoring developments in the country. This is coming as airlines had advised IATA that they are avoiding the airspace owing to recent developments. IATA in a statement disclosed…

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