Wole Shadare, Author at Aviation metric

Airlink Connects South Africa With D.R. Congo

Posted on November 17, 2020November 17, 2020 by Wole Shadare

Airlink, the privately-owned and independent regional airline has concluded plans to connect South Africa and the Democratic Republic of Congo when it launches its new scheduled passenger flights between Johannesburg and Lubumbashi on November 30, 2020. “Airlink is looking forward to establishing direct services – and flying our brand new colours – between the region’s important mining and minerals centres and supporting commerce, trade and tourism between the two countries,” said Airlink CEO, Rodger Foster….

N4b Bailout: A Drop In The Ocean For Airlines

Posted on November 17, 2020November 17, 2020 by Wole Shadare

N4 billion stimulus package for Nigerian airlines amidst existential crises confronting them remains insignificant as the carriers need more urgent financial assistance. WOLE SHADARE writes Better late than never It took too long to arrive at whether or not Nigerian airlines need bailout. The general consensus among airlines and stakeholders is that the airlines need help. That help came two weeks ago when the Minister of Aviation, Hadi Sirika, announced that the Federal Government had…

Minister Allays Fears As Airport Concession Gathers Momentum

Posted on November 16, 2020November 16, 2020 by Wole Shadare

Sirika lists options for FAAN workers As the concession of four major airports in Lagos, Abuja, Port-Harcourt and Kano gathers momentum, the Minister of Aviation, Hadi Sirika, said workers would have the option to return to the Federal Airports Authority of Nigeria (FAAN) after a period of 18 to 24 months. The minister also said workers not required by a concessionaire shall be allowed to return to FAAN after the 18 to 24 month period,…

Emirates Reports $3.8 Billion Net Loss, Cuts Quarter Of Staff In H1

Posted on November 12, 2020 by Wole Shadare

Mega carrier reports loss for first time in over 30 years Confident of speedy recovery once vaccine is rolled out Emirates Group lost AED 14.1 billion ($3.8 billion) and shed 24% of its staff in the first six months of its latest financial year as a result of the Covid-19 pandemic, the group said on Thursday. Group revenues dropped 74% to AED 13.7 billion ($3.7 billion) in H1, compared to a profit of AED 1.2…

SA Not Out Of The Woods Yet With Re-Opening Of Nation To Int’l Tourists- AASA

Posted on November 12, 2020November 12, 2020 by Wole Shadare

The prospects for Southern Africa’s economic recovery and future growth, along with securing millions of jobs in the region, received a welcome boost last night, with President Ramaphosa’s re-opening of South Africa to all international tourists, but we are not out of the woods yet. The decision marks the culmination of an intensive effort by industry, led by the Tourism Business Council of South Africa, AASA and partner bodies, to persuade the South African government…

NCAA: FAAN Needs Urgent Funding To Tackle Obsolete Facilities

Posted on November 11, 2020 by Wole Shadare

Existing aviation Acts archaic The pitiable financial situation of the cash cow in the aviation industry, the Federal Airports Authority of Nigeria (FAAN), came to the fore as the Director-General of Nigerian Civil Aviation Authority (NCAA), Capt. Musa Nuhu, appealed to the National Assembly to assist the authority carry out its statutory responsibilities. Nuhu made the appeal to the Senate through the Chairman, Senate Committee on Aviation, Senator Smart Adeyemi, at the just concluded stakeholders…

Reps Set Up Committee On Airport Concession

Posted on November 10, 2020November 10, 2020 by Wole Shadare

The House of Representatives Committee on Aviation led by Nnolim Nnaji has set up sub-committee to interface with the Ministry of Aviation, the financial adviser, (FAD) and the project delivery team, (PDT) on the proposed airports concession by the Federal government. The sub-committee is to review the reports of the FAD and the PDT which according to the chairman fell below expectations. Nnaji in his opening remarks emphasized that the intervention of the committee was…

Aviation Industry Bills: Solution To Aviation Sector Woes?

Posted on November 10, 2020November 10, 2020 by Wole Shadare

No doubt, the aviation industry in Nigeria needs urgent reforms. Most of the laws operated by Nigerian aviation agencies are obsolete and do not meet the challenges of a fast-paced, dynamic aviation industry. WOLE SHADARE, who was at the public hearing, writes that passage of the six bills will engender best practices for the entire system The public hearing last week in Abuja may have come and gone. The three-day event, which sought inputs from…

Aviation Industry Bills: Solution To Aviation Sector Woes?

Posted on November 10, 2020November 10, 2020 by Wole Shadare

N4bn Bailout: Operators Want State-Backed Airlines Excluded

Posted on November 10, 2020November 10, 2020 by Wole Shadare

Aero, Arik, Ibom may be affected Rather than being a succour for them, airline operators are at loggerheads over modalities for sharing the N4 billion bailout fund approved by the Federal Government for airlines that have faced threat of extinction occasioned by COVID-19 outbreak. There are indications that state-funded airlines like Aero Contractors, Arik and Ibom may not benefit from the largesse as many private-owned carriers are canvassing for their exclusion from the fund, which they…

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