Emirates resumes Nairobi, Africa flights as Dubai opens for business

Emirates resumes Nairobi, Africa flights as Dubai opens for business

As Dubai opens for business, Emirates has announced it will resume flights to Nairobi (from 2 August), Baghdad and Basra (from 10 August). The world’s fastest growing airline is thus expanding its growing network, and offering customers in Africa and around the world more convenient connections to Dubai, and via Dubai. This will take the airline’s passenger network to 67 destinations in August, including seven points in Africa and five points in the Middle East. This…

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Passenger Traffic Won’t Recover To Pre-Covid Levels Until 2024

Passenger Traffic Won’t Recover To Pre-Covid Levels Until 2024

Airlines around the world are in the coronavirus crisis for the long-haul with global passenger traffic not expected return to pre-Covid-19 levels until 2024, a year later than previously projected.   That is according to the International Air Transport Association (IATA), which has forecast that while short-haul travel is still expected to recover faster than long-haul travel, global passenger numbers for 2020 will decline by 55% compared to 2019, worsened from the April forecast of…

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Osinbajo crash plane pilots lack landing technique, company’s procedure-Report

Osinbajo crash plane pilots lack landing technique, company’s procedure-Report

*AIB warns airlines over doctoring CVR   The Accident Investigation Bureau (AIB) has attributed inappropriate landing technique used and non-adherence to company procedures by pilots of a chartered Carverton Helicopter by Vice President Osinbajo led to the accident in Okene, Kogi State. This is coming as the Commissioner, AIB, Akin Olateru warned that any airline found wanting in tampering with recordings of Cockpit Voice Recorder (CVR) in the event of crash or serious incidents would…

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ECOWAS recommends coordinated opening of air, land boarders

ECOWAS recommends coordinated opening of air, land boarders

Governments in West Africa have recommended a three-phased approach to the opening of land and air borders beginning with local internal domestic air and land transport within the Economic Community of West African States (ECOWAS).  The second phase which involves the opening of land and air borders between ECOWAS member states, to allow the free movement of goods and persons on the basis of strict application of the proposed guidelines for the harmonization and facilitation…

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Aircraft Utilization: New Solutions, Innovation Amid COVID-19

Aircraft Utilization: New Solutions, Innovation Amid COVID-19

The COVID-19 crisis is forcing airlines to think out of the box by adopting small aircraft model amid dwindling passenger number, prompting likely paradigm shift in aircraft utilization. WOLE SHADARE writes   Changing model The airline industry in Nigeria may have a new business mantra: Smaller is better. The COVID-19 outbreak is gradually leading to airlines taking painful but right decision to reduce their fleet size or changing entirely their business model to smaller and…

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FAAN, NCAA, NAMA, airlines, others meet Tuesday on intl’ flight resumption

FAAN, NCAA, NAMA, airlines, others meet Tuesday on intl’ flight resumption

  A committee made up of the Federal Airports Authority of Nigeria (FAAN), Nigeria Custom Service (NCS), Nigerian Immigration Service (NIS), Airline Operators of Nigeria (AON), Nigerian Civil Aviation Authority (NCAA), Nigerian Airspace Management Agency (NAMA), Airport Security Committee, Ground Handlers Association, Directorate of State Security Service (DSS), Freight forwarders association, the Nigeria Civil Aviation Committee and the Quarantine service will today hold a meeting to discuss modalities for re-opening airspace for international flight services….

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AIB to release more accident reports, Tuesday, to train investigators in West Africa

AIB to release more accident reports, Tuesday, to train investigators in West Africa

    The Accident Investigation Bureau (AIB) Nigeria has concluded plans to commence training for aircraft accident investigators in the West African sub-region. Disclosing this on Monday in Abuja was the Commissioner/CEO of AIB Nigeria, Akin Olateru an aircraft engineer when the Senate Committee on ICT and Cybercrime visited the agency to ascertain their level of ICT infrastructure and cyber security architecture. Olateru disclosed that beyond partnerships with local and international institutions, it has also…

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Impact of emergency corrosion checks on all Boeing airplanes in Nigeria, by Kyari

Impact of emergency corrosion checks on all Boeing airplanes in Nigeria, by Kyari

Aircraft engineer, Sheri Kyayi has expressed concern over the grounding of all B737 aircraft types that are scheduled to undergo the United States Federal Aviation Administration (FAA) emergency corrosion checks. The situation may not have adverse effects on the airlines using Boeing aircraft types as many of the aircraft are still in storage because of the very low passenger traffic that has made carriers to operate what can best be described as skeletal services. This…

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NOVA Merchant Bank’s Debut N10bn Bond Oversubscribed by 300%

NOVA Merchant Bank’s Debut N10bn Bond Oversubscribed by 300%

  NOVA Merchant Bank, a leading merchant bank in Nigeria, has announced the successful issuance of its N10 billion 7-Year Subordinated Unsecured Bond under its N50 billion debt issuance programme. The transaction represents NOVA’s first bond issuance in the debt market and was oversubscribed by 300 percent. The offer which opened on June 30, 2020 following relevant approval from the Securities & Exchange Commission (SEC) and the Central Bank of Nigeria (CBN), closed on July…

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Airlines re-think business model, insolvency looms

Airlines re-think business model, insolvency looms

**Cash dries up for lease rentals, operations **Carriers use wrong airplanes-Experts     Size they say matters. But in aviation, size no longer matters as airlines are re-thinking their business model. Some of them are at the verge of jettisoning their big, fuel guzzling B737 which is dominant in Nigeria’s aviation for small size, fuel efficient airplanes. Consequently, aircraft lessors are considering repossessing their airplanes or cause the operators to return them for fear of…

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