Wole Shadare, Author at Aviation metric

Ghana to complete $300 million Kumasi International Airport in 2021

Posted on April 9, 2021 by Wole Shadare

The Ghanaian Minister of Transport, Kwaku Ofori Asiamah has confirmed that the ongoing Kumasi International Airport expansion project is on track to be fully completed this year and opened for service as soon as next year. Speaking to the after a site to the visit to the site, Asiamah said, ‘We expect the second phase of the project to be completed by June 2021, while the third phase which is concurrently ongoing, will be completed…

Ethiopian Airlines Relies On A350 To Navigate Pandemic Storm

Posted on April 8, 2021 by Wole Shadare

Africa’s largest carrier, Ethiopian Airlines, was one of the few operators that remained cash positive during the peak of the pandemic, which was due in part to its successful cargo operations. Ethiopian operated its first cargo-only service on a passenger aircraft in March 2020, just as the world went into lock-down. The Addis Ababa-based carrier, like many of its peers, made the crucial decision to temporarily convert part of its fleet to carry cargo rather…

Olateru seeks more support from staff, outlines AIB’s strides in four years

Posted on April 8, 2021April 8, 2021 by Wole Shadare

Tasks workers on professionalism, hard work Commissioner/ Chief Executive Officer of the Accident Investigation Bureau Nigeria (AIB-N), Akin Olateru, an aircraft engineer listed professionalism, cooperation, diligence as some of the criteria or essential tools needed to achieve the agency’s mandate of investigating aircraft accidents and serious incidents. Olateru stated this while seeking more support from workers to continue to deliver on their mandate disclosed that the Federal agency was established to investigate aircraft accident…

African airlines’ traffic dropped 68.0% in February-IATA

Posted on April 7, 2021 by Wole Shadare

African airlines’ traffic dropped 68.0% in February versus February two years ago, which has been described as a setback compared to a 66.1% decline recorded in January compared to January 2019. Consequently, February capacity contracted 54.6% versus February 2019, and load factor fell 20.5 percentage points to 49.1%. This is coming as the International Air Transport Association (IATA) announced that passenger traffic fell in February 2021, both compared to pre-COVID levels (February 2019) and compared to the…

FAAN pensioners to embark on nationwide protest over pay disparity

Posted on April 7, 2021 by Wole Shadare

The Nigerian Union of Pensioners (NUP), Federal Airports Authority of Nigeria (FAAN) branch has concluded plans to embark on a nationwide protest with effect from May 4th, 2021 should FAAN management fail to implement their conditions of service (COS) agreement. The National Secretary of NUP, FAAN branch, Emeka Njoku at a rally held at the local Airport, Lagos said, the management of FAAN had bluntly refused to implement recommended COS as agreed by the committee…

Air France gets EU approval for $4.7bn bailout, Set To Recapitalise

Posted on April 6, 2021April 6, 2021 by Wole Shadare

The European Union has approved a plan by the French government to inject more than $4 billion into Air France, which was hit by a collapse in passenger traffic during the pandemic. Ministers in Paris welcomed the news, but the Netherlands government said there was no “urgent need” for an injection of capital for KLM, Air France’s Dutch partner. The measures were approved under temporary COVID-19 state aid rules and come after weeks of negotiations…

Aviation Q1, ‘21:Long Road To Recovery

Posted on April 6, 2021April 6, 2021 by Wole Shadare

For aviation, COVID-19 has clearly delivered the largest exogenous shock the sector has ever faced. The financial and performance metrics are startling. The Nigerian aviation is showing recovery, albeit very slow. The Q1’21 shows signs of recovery of a sector badly hit by a scourge. WOLE SHADARE writes Slow recovery path Domestic air connectivity in Nigeria, which is still decimated by the on-going COVID-19 is slowly recovering, giving more hope of survival for the…

Ibom Air set for regional flight operations, receives nod from Gambian Govt

Posted on April 6, 2021April 6, 2021 by Wole Shadare

The vision of Governor Udom Emmanuel, to make the Akwa Ibom State owned Airline, Ibom Air, become the West African Aviation power house, is nearing reality, following indications that Ibom Air could soon commence regional operations between Nigeria and The Gambia. This was part of discussions Monday, when the Gambian High Commissioner to Nigeria, Mohamadou Musa Njie met with the Akwa Ibom State Governor, Mr Udom Emmanuel at Government House, Uyo. The Governor thanked the Gambian…

Ex-Airways workers to get final N5bn severance package

Posted on April 5, 2021April 5, 2021 by Wole Shadare

The Federal Government has concluded plans to pay the last tranche of severance pay to ex-workers of the liquidated Nigeria Airways. Consequently, the Federal Government has set aside about N5 billion to clear off final batch of ex- Nigeria Airways employees ,whose number is put at about 1, 000 Aviation Metric learned. In 2018, the former airline workers received part of their severance package after waiting 11 years. They underwent verification across designated centres in…

Insecurity fuels high demand for air travel amid aircraft shortage

Posted on April 5, 2021April 5, 2021 by Wole Shadare

Ground handling firms seek waiver, others from FG High level insecurity on many of the country’s roads occasioned by banditry and other forms of criminality is helping to see a rise in air travel. Amid the rise in passengers choice of air travel, virtually all the airlines lack capacity to cater for teeming number of passengers turning at airports because of acute shortage of aircraft as many of the operators lack the necessary foreign…

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