Wole Shadare, Author at Aviation metric

AIB releases Chanchangi accident report, three others

Posted on November 3, 2020November 3, 2020 by Wole Shadare

Gives nine safety recommendation, laments delayed reports Twelve years after the accident involving a Chanchangi Boeing 737-200 aircraft at the Port Harcourt Airport Omagwa, the Accident Investigation Bureau (AIB) has released the report of this accident and three others. This is coming as the agency has released three other investigation reports including a Nigerian College of Aviation Technology ( NCAT) Tampico TB-9 aircraft with registration 5N-CBJ, a Beechcraft aircraft with registration N564UZ belonging to…

Airlines owe agencies $6.9m, N19.3b says Minister

Posted on November 2, 2020 by Wole Shadare

Operators seek to repeal of 5% ticket sales charge Minister of Aviation, Hadi Sirika made a startling revelation on the humongous debts Nigerian airlines owe various aviation agencies. Sirika who made the disclosure in Abuja on Monday at the ongoing stakeholders and general public hearing on the repeal and enactment of civil aviation bills of all the aviation agencies put the staggering debts of airlines at $6, 993, 284 million and N19, 365, 374,336 billion…

COVID-19: AFRAA Laments Impact Of Tests On Air Travel

Posted on November 2, 2020 by Wole Shadare

Carriers projected to lose $9bn in 2020 The Secretary-General of African Airlines Association (AFRAA), Abderahmane Berthe, said the group was pushing for free COVID-19 tests for passengers on African airlines within the continent. The AFRAA scribe, who spoke at the 29th African Aviation Summit – Air Finance Africa 2020, which was monitored online by Woleshadarenews at the weekend and put together by Chairman, African Business Aviation Association (AfBAA), Nick Fadugba, stated that the unharmonised COVID-19…

Breaking: FG approves N4b bailout to struggling Nigerian airlines

Posted on November 2, 2020November 2, 2020 by Wole Shadare

Amount too meager for carriers-Senate The Federal Government has approved N4 billion as bailout fund to airlines to cushion the effects of the impact of the devastation of COVID-19 on their operations. Aviation Minister, Hadi Sirika made the disclosure on Monday in Abuja on three day public hearing to repeal and enact Acts of Nigerian Civil Aviation Authority (NCAA), the Nigerian Airspace Management Agency (NAMA), Accident Investigation Bureau (AIB), Nigerian College of Aviation Technology (NCAT),…

BOEING: 20% Reduction In Workforce, Max Deliveries To Return

Posted on November 1, 2020November 1, 2020 by Wole Shadare

Revenues drop 27% as ongoing costs of 737 Max programme bite Boeing is set to cut a further 7,000 jobs to offset the mounting financial impact that the coronavirus pandemic is having on the global air travel industry. The US manufacturer lost $3.5 billion in the first nine months of 2020 as revenues fell 27 percent down to $42.8 billion. Boeing lost $466 million in the third quarter of 2020 compared to a profit of…

Passengers stranded as union shutdown Turkish Airlines

Posted on October 29, 2020October 29, 2020 by Wole Shadare

Sack of union leaders act of victmisation-NUATE Aviation, Labour Ministries direct reinstatement of workers Passengers booked on Turkish Airlines were bared from the Murtala Muhammed International Airport, Lagos following directive by the National Union of Air Transport Employees (NUATE) to deny the airline services over the airline’s failure to reverse the sack of executive of the union engaged by the carrier. Many of the travelers were seen with their luggage at the entrance of…

IATA seeks govts’ relief measures to save massive job losses

Posted on October 28, 2020 by Wole Shadare

The International Air Transport Association (IATA) presented new analysis showing that the airline industry cannot slash costs sufficiently to neutralize severe cash burn to avoid bankruptcies and preserve jobs in 2021. IATA reiterated its call for government relief measures to sustain airlines financially and avoid massive employment terminations. IATA also called for pre-flight COVID-19 testing to open borders and enable travel without quarantine. Total industry revenues in 2021 are expected to be down 46% compared…

#EndSARS: X-Raying Nigerian Airlines’ Setback

Posted on October 27, 2020 by Wole Shadare

The little hope of recovery for airlines from COVID-19 crisis may have been lost with the recent unrest that rocked the nation, WOLE SHADARE writes Setback The determination of Nigerian carriers to recover from the COVID-19 outbreak that grounded flights for more than five months was herculean. The nearly one week suspension of flight services by domestic airlines due to #Endsars protests and attendant violence that rocked most parts of the country may have set…

Air Peace to commence flight services to J/burg, plans more route expansion

Posted on October 26, 2020 by Wole Shadare

Nigeria’s flag carrier airline, Air Peace has concluded plans to commence scheduled flight services to Johannesburg, South Africa from Lagos. The route is strategic for the carrier considering the wobbling situation of South African Airways that is facing tough times and at the verge of bankruptcy. The airline in a statement said it had made huge progress in meeting the stipulated requirements of the aviation authorities in both South Africa and Nigeria to enable it…

Airlink ends 23 year franchise pact with SAA, gets new name

Posted on October 26, 2020 by Wole Shadare

Inks interline deal with BA, Emirates, Qatar, United, KLM-Air France Airlink, the privately-owned airline, has officially changed its company name from “SA Airlink” to “Airlink”, as part of its strategy to distinguish itself as a totally independent airline. Earlier this year, Airlink ended its 23 year franchise agreement with South African Airways and began operating and issuing tickets on its own “4Z” code and designator. This has liberated Airlink and enabled it to forge commercial ties…

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