Author: Wole Shadare

Delta Airlines on Thursday reported financial results for the December quarter and full year 2020 and provided its outlook for the March quarter 2021. Highlights of the December quarter and full year 2020 results, including both GAAP and adjusted metrics, are on page five and are incorporated there. “Our December quarter results capped the toughest year in Delta’s history.  I want to thank the Delta people who have risen to the occasion, focusing on delivering…

There seems to be no respite yet for aircraft giant, Boeing as the family of a longtime Nigerian diplomat killed in the 2019 crash of a Boeing 737 Max in Ethiopia has joined litigation against the company in U.S. federal court. Lawyers for heirs of Abiodun Bashua accused Boeing of negligence in development of the Max. The 67-year-old Bashua had held many foreign service jobs for Nigeria and worked with the United Nations Economic Commission…

Burn Through An Extra $50bn  IATA Chief Blasts ‘Quarantine Tunnel-Vision’ As Govts Reintroduce Lock-downs   The global airline industry will just about turn cash positive in Q4 2021 but not before it has burnt through almost $50 billion over the next three quarters, according to the International Air Transport Association (IATA). Airlines around the world are estimated to have already rinsed around $125 billion of cash since Q2 2020, placing most in a severe liquidity…

Effective from January 26, 2021, all air passengers to the United are required to have proof of a negative COVID-19 test or documentation of having recovered from COVID-19 . This new directive according to the  United States Consulate General, Lagos, involves passengers arriving from a foreign country to the United States including U.S. citizens and non-U.S. citizens. The US Center for Disease Control (NCDC) is expected to announce the order following weeks of discussions amongst…

Dissatisfied with the judgment handed against it by a Federal High Court in Lagos, Emirates has already filed appealed the judgment. The airline, in a statement, made available to Woleshadarenews, said the airline would vigorously defend its position on the matter. According to the carrier, “Emirates has already filed an appeal in this matter and we will be vigorously defending our position.” Emirates was on Monday ordered to pay $1.36 million to a businessman, Mr….

Mega carrier, British Airways has adjusted its COVID-19 protocol in conformity with the United Kingdom Government’s COVD-19 new regime which confirmed that from 0400 on 15 January 2021, all inbound passengers travelling to England will be required to present a negative Covid-19 test, taken up to 72 hours prior to departure. This includes UK citizens and those transiting air-side via a UK airport. A limited number of exceptions are set out on the gov.uk website….

To ‘Unveil ‘Runway’ Crew Uniform After three years of hard work, Nigeria is set to witness the commencement of flight operations by Green Africa; an airline that promises to reshape the nation’s aviation’s aviation industry with its state-of-the art aircraft. Despite the ongoing pandemic, industry analysts agree that the long-term potential in the Nigerian aviation market remains vibrant. With the right business model, fleet, and value proposition, new entrants can capture the attractive market opportunities….

Mega carrier, Emirates has been ordered to pay $1.36 million to a businessman, Mr. Orji Prince Ikem, being the amount contained in his hand luggage which went missing in the airline’s custody during his trip to China in 2007. Justice Muslim Hassan of a Federal High Court in Lagos Monday handed down the judgment in the businessman’s nearly 12-year legal battle with the airline to recover his two hand luggage containing personal effects and $700,000,…