Wole Shadare, Author at Aviation metric

FAAN’s increased revenue paradox despite declined cargo throughput in 2025

Posted on January 29, 2026 by Wole Shadare

The Federal Airports Authority of Nigeria (FAAN) has reported a notable paradox in its 2025 fiscal performance: increased revenue generation and collection efficiency despite a decline in total cargo throughput compared to 2024. This shift is largely attributed to aggressive operational reforms spearheaded by the Directorate of Cargo Development and Services, aimed at plugging chronic revenue leakages and modernising legacy processes. The Authority’s ability to grow income while handling less volume stems from several strategic…

Post-Yuletide: Festive bazaar ends as airlines fly empty, return to equilibrium

Posted on January 28, 2026 by Wole Shadare

While the ‘Yuletide bazaar’ saw tickets peaking between N400,000 and N650,000 due to desperate demand, the post-holiday return to normalcy is proving to be a sober reality check for the industry, writes WOLE SHADARE As the “Yuletide Bazaar” winds down, the Nigerian aviation market is experiencing its traditional but sharp correction. The shift from the N300,000– N600,000 peak-season spikes back to low-season pricing is now in full swing, though the floor for these fares…

FAAN achieves milestone with elite dual ISO certifications

Posted on January 26, 2026January 26, 2026 by Wole Shadare

This is a significant milestone for the Nigerian aviation sector as the Federal Airports Authority of Nigeria (FAAN) has officially announced its attainment of dual ISO certifications, placing it among the global elite of airport management organisations. The achievement follows a rigorous independent audit by MSECB, Canada, and represents the culmination of an Integrated ISO Policy initiative launched late last year by the Managing Director, Mrs Olubunmi Kuku. This confirms that FAAN’s operational processes—ranging from…

Airlines mull further fare hikes over high operational costs

Posted on January 26, 2026January 26, 2026 by Wole Shadare

…lament almost empty flights ….Why we’re flying at a loss, by Okonkwo Nigerian carriers are lamenting the sharp drop in load factor, especially after the peak Yuletide season, a situation they said is leading to revenue losses. The spokesman for Airline Operators of Nigeria (AON), the umbrella body for airlines in the country, Prof. Obiorah Okonkwo, said that from late January and into February, the carriers were practically flying empty because the market was low….

Emirates, Air Peace activate interline agreement, enhance seamless global connectivity

Posted on January 26, 2026January 26, 2026 by Wole Shadare

Building on their existing partnership, Emirates, the world’s largest international airline, and Nigeria’s flag carrier, Air Peace, have activated a bilateral interline agreement, expanding air connectivity between Africa, the UAE, and key international destinations. The agreement offers passengers of both airlines frictionless, single-ticket travel and simplified baggage handling on select routes, resulting in greater travel comfort and convenience. Beyond the 13 cities in Nigeria* already available to Emirates passengers on Air Peace’s network, the enhanced…

Airlines’ profit margin can’t withstand operational shocks-Nwuba

Posted on January 24, 2026January 24, 2026 by Wole Shadare

· …says rising cost, declining passenger numbers threaten carriers’ survival …FCCPC, NCAA, NANTA fault opaque fare structure, want transparency Aviation analyst Alex Nwuba has opened up on why airfares are high, while stressing that domestic airlines operate on dangerously thin margins despite the high airfares. Nwuba made the observation during an aviation town hall webinar…

Tension brews over pilots’ 50% pay rise, airlines, stakeholders differ over fare hike

Posted on January 22, 2026January 22, 2026 by Wole Shadare

Operators to match pay with counterparts overseas Tax burden narrative misleading-NCAA High interest rate, insurance premiums killing domestic operation-AON Many Nigerian airlines are beginning to capitulate to pilot demands, though the concessions are being made with significant caution due to the industry’s tightening financial margins. The move to accede to these demands is largely seen as a strategic survival manoeuvre to prevent a total brain drain to international carriers. Chairman of United Nigeria Airlines and…

NANTA Rolls Out Zonal Election Timetable Ahead of Golden Jubilee AGM

Posted on January 21, 2026 by Wole Shadare

In line with its constitutional framework, Nigeria’s leading travel trade professional body, the National Association of Nigerian Travel Agencies (NANTA), has officially notified members of the timetable for its zonal elections across the country, as part of preparations for its forthcoming Annual General Meeting (AGM). The zonal elections serve as a critical pathway to the national elections, which is a higher hurdle for other contestants interested in vying for positions on the National Executive Council….

United earned $59.1 billion operating revenue, highest in airline’s history

Posted on January 21, 2026January 21, 2026 by Wole Shadare

United Airlines (UAL) has reported fourth-quarter and full-year 2025 financial results that exceeded Wall Street expectations and were within guidance. The airline’s diluted earnings per share of $10.20 and adjusted diluted earnings per share1 of $10.62 for 2025 rose versus 2024. The company delivered full-year pre-tax earnings of $4.3 billion, with a pre-tax margin of 7.3%, and adjusted pre-tax earnings1 of $4.6 billion, with an adjusted pre-tax margin1 of 7.8%. Total operating revenue for the year grew 3.5% year over…

How conflicts impact Africa, Middle-East global aviation profitability

Posted on January 20, 2026January 20, 2026 by Wole Shadare

Africa remains the least profitable aviation region globally. The International Air Transport Association (IATA) forecasts that African carriers will generate just $200 million in net profit in 2026—a marginal 1.3% profit margin compared to the global average of $7.90 per passenger. The conflicts in the continent and the Middle-East have the potential to do more damage to aviation profitability, writes WOLE SHADARE The continent has seen conflicts in Mali, Niger, Burkina Faso, Sudan, Libya, and…

« 1 … 36 37 38 39 40 … 628 »