Author: Wole Shadare

  As Asset Management Corporation of Nigeria (AMCON) continue to seek better ways to recover its huge outstanding debt of over N5trillion, 80 per cent of which is owed by just 350 individuals in the country, leading jurists at the weekend again urged the management of AMCON to explore the opportunities offered by Alternative Dispute Resolution (ADR) centres established by the Federal High Court.  Speaking in Abuja at the weekend, respected jurists such as Justice…

The Managing Director Federal Airports Authority of Nigeria (FAAN), Capt. Rabiu Hamisu Yadudu has said that all the country’s international airports have an Emergency Operation Centre (EOC) as part of criteria to deal with crisis situations when they arise. Yadudu disclosed this at the agency’s headquarters at the Murtala Muhammed Airport (MMA), Lagos, while fielding questions from journalists. It would be recalled that the EOC at the Kaduna International Airport was about two weeks ago…

Execujet handles penalised captain’s aircraft operations For serious violation of the Nigeria Civil Aviation Regulations (Nig. CARs), the Nigerian Civil Aviation Authority (NCAA) has revoked the Airline Transport Pilot’s Licence (ATPL) of a pilot whose aircraft operations are handled by Execujet Aviation Group. Switzerland’s ExecuJet Aviation Group, which manages the world’s largest fleet of private jets, in 2013 chose Lagos as the location for its first West African facility, over several other potential locations in Ghana…

Carrier’s R3.5B emergency funding finishes June, 2019 Firm may collapse, needs assistance to remain afloat Wole Shadare The leadership instability rocking Africa’s foremost airline, South African Airways (SAA) is yet to abate as the airline’s Chief Executive Officer, Vuyani Jarana has resigned from his post, which brings to two the number of resignations from state-owned companies in as many weeks. Jarana was frustrated by the red tape that accompanies the top job. He had previously…

In continuation of efforts to offer clients and partners excellent service and maximum satisfaction, Lufthansa German Airlines has relocated its Nigerian head office in Lagos from Victoria Island to Ikoyi.  The German Airline which was formerly located at Plot PC 30, Churchgate Street, 2nd  Floor, Churchgate Towers, Victoria Island, is now at the modern state-of-the-art British American Tobacco Building on Olumegbon Road, Off Alfred Rewane Road in Ikoyi poised to offer unrivalled customer experience while providing…

The Managing Director, Federal Airports  Authority of Nigeria (FAAN) Capt. Hamisu Yadudu says the aborted landing of Ethiopian Airlines aircraft Boeing 777-300 aircraft is a normal safety procedure in the global aviation industry. Capt. Yadudu, speaking on the Incident insisted that the decision of the pilot to abort the first landing at the Murtala Muhammed International Airport (MMIA), Lagos was industry standard. He said that pilots were encouraged to go for a go-around if the…

Aircraft giant, Airbus said it had received 279 commercial aircraft orders from African airlines, stressing that of these, 240 are presently in service with 37 operators. Similarly, over 600 Airbus helicopters have been delivered to African customers, more than half of which are in service with customers in Southern and Eastern Africa and the Indian Ocean islands. This is coming as Airbus marks the 50th anniversary of the agreement for the Franco-German development of the…

  African airlines had a 1.1 per cent traffic increase in April, which was down from 1.6% growth in March and was the slowest regional growth since early 2015 according to the International Air Transport Association (IATA) in its global passenger traffic result for April 2019 showing that demand demand (revenue passenger kilometers or RPKs) rose by 4.3 per cent compared to April 2018. Like Latin America, Africa is seeing some economic and political uncertainty in…

First Class travel is disappearing at a worrying rate. But in Nigeria, it is gaining strength, further typifying the craze by wealthy Nigerians to force carriers to retain the status symbol. In other climes, many travellers are shifting to Business Class, writes WOLE SHADARE  The changing times  If you’re keen to fly first class, good luck in finding a seat. Across the board, first class has been steadily disappearing from commercial jets. In the long…

       BASA signed to create opportunities for carriers The urge to forge ahead with the establishment of a national carrier has been attributed to huge vacuum left by domestic airlines since the demise of Nigeria Airways. Minister of State for Aviation, Hadi Sirika, said this in a paper he made available to Woleshadarenews. The minister disclosed that no domestic airline has evolved to fill the vacuum left by Nigeria Airways since it ceased…