Wole Shadare, Author at Aviation metric

Nigeria lifts ban on Emirates

Posted on September 30, 2020September 30, 2020 by Wole Shadare

Based on the undertaking by the authorities of the United Arabs Emirates (UAE) the Nigerian government has agreed to lift the ban placed on Emirates Airlines from operating into and out of the country. According to the Minister of Aviation, Hadi Sirika, the commencement of the airline’s operations would however depend on the commencement of visa issuance by the UAE. “UAE has written to state that they agree to issue visas to Nigerians, consequently…

At symposium, Olateru harps on safety as backbone of aviation sector

Posted on September 29, 2020 by Wole Shadare

AIB to train all accident investigation in West Africa Commissioner, Accident Investigation Bureau (AIB), Akin Olateru said the agency would not relent in its vigorous pursuit of aviation safety, stressing that it would continue to up the ante of safety in Nigeria and Africa. Speaking at the regional enlightenment symposium in Enugu, Olateru who was represented by General Manager, Public Affairs of the agency, Mr. Tunji Oketunbi reiterated the importance of safety in the…

African airlines’ traffic sank 90.1% in August-IATA

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

Downgrades traffic forecast after dismal summer The International Air Transport Association (IATA) downgraded its traffic forecast for 2020 to reflect a weaker-than-expected recovery, as evidenced by a dismal end to the summer travel season in the Northern Hemisphere. Meanwhile, African airlines’ traffic sank 90.1% in August, slightly improved over a 94.6% decline in July. Capacity contracted 78.4%, and load factor fell 41.0 percentage points to 34.6%, which was the lowest among regions. IATA now…

Green Africa Airlines, FCMB ink deal to boost air travel

Posted on September 29, 2020 by Wole Shadare

A new entrant into Nigeria’s aviation industry, Green Africa Airline has formed a strategic partnership with First City Monument Bank (FCMB), a leading financial institution in Nigeria. Revenue collected from all Green Africa customer sales transactions will be exclusively domiciled at Green Africa’s operating account with FCMB. Upon commencement of pre-sales in early 2021, FCMB will provide Green Africa with access to up to US$31m in a combination of standby letter of credit and rolling…

Could COVID-19 Spark Revival Of Fifth Freedom Rights?

Posted on September 28, 2020 by Wole Shadare

Fifth freedom flights would allow hubs carriers to consolidate their networks and boost revenues, says Linus Benjamin Bauer, Managing Director at Bauer Aviation Advisory Airlines have begun to ramp up network connectivity at any cost. For what has felt like an age, the roars of the engines are finally starting to be heard again. With airlines resuming operations, jostling for prime positions in their core markets, they are signalling to the world that they…

Nuhu: Nigerian Carriers Shortchange Themselves In Pact With Foreign Airlines

Posted on September 28, 2020 by Wole Shadare

Capt. Musa Nuhu has a very rich experience in global aviation and was recently appointed the Director-General of Nigerian Civil Aviation Authority. In this interview with WOLE SHADARE, the cerebral airline pilot, safety expert, quality assurance lead auditor and an artificial intelligence expert speaks on restrategising to reposition the country’s aviation sector, economic regulation of airlines for profit and survival. Excerpts How was your experience as Nigeria’s Permanent Representative to the International Civil Aviation Organisation…

Airline operators: Why we can’t join labour strike

Posted on September 27, 2020September 27, 2020 by Wole Shadare

Airline operators under the aegis of Airline Operators of Nigeria (AON) have disassociated themselves from the planned industrial action by the Nigeria Labour Congress (NLC) and other organized labour to protest hike in price of petroleum and electricity tariff. The President of the Airline Operators of AON, Dr. Abdulmunaf Yunusa Sarina, in a statement said that the association completely dissociates itself from the planned indefinite strike action called by Labour over the issues of Government’s…

FG puts $22.9m presidential plane up for sale

Posted on September 23, 2020 by Wole Shadare

Action to reduce cost of governance Four years after the Federal Government put two of its ten airplanes, a Falcon 7X and Hawker Sidley 4000 for sale, the government has again put up for sale a jet in the Presidential fleet, Hawker 4000 aircraft with registration number, 5N-FGX/: RC 066. The business-size jet which entered into service in December 2011, has capacity for 9 passengers and three crew. The Hawker 4000, originally known as the Hawker Horizon,…

Covid-19 Crisis: First Class Isn’t Dead Yet!

Posted on September 23, 2020 by Wole Shadare

Many First Class passengers are expected to make the leap to private jets in the wake of the pandemic, says Linus Benjamin Bauer, managing director of Bauer Aviation Advisory The current COVID-19 pandemic has sent shock waves through the entire aviation industry including the airlines with First Class offerings. It’s also not clear to what extent the premium market (First and Business Class combined), which generated 30% of airlines’ international revenues in 2019, can recover….

US Airlines Seek Fresh $25B Bailout Ahead Of Oct 1 Job Cuts

Posted on September 23, 2020 by Wole Shadare

Major U.S. airlines plan to make a last-ditch bid to persuade Congress to grant them a new $25 billion bailout to help avert thousands of employee furloughs set to begin October 1, even as a separate $25 billion in government loans for the sector sits untapped. The chief executives of American Airlines, United Airlines and JetBlue Airways and major aviation unions were scheduled to hold a news conference on Capitol Hill on Tuesday afternoon calling…

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