Wole Shadare, Author at Aviation metric

Reprieve as dry-lease option beckons for carriers

Posted on July 2, 2025July 2, 2025 by Wole Shadare

Prospecting in the African continent is difficult ostensibly operating with barely enough working capital. With the Federal Government’s softening of the ground again for dry-leases, WOLE SHADARE writes that it is imperative to take advantage of these lease arrangements to empower Nigerian airlines Reprieve Nigerian airlines face a huge reprieve from aircraft lessors as they are prepared to return to favourable aircraft lease arrangements with dry leases. The willing carriers are set to return to a cost-effective way…

Ethiopian Airlines second daily flight to Lagos move to open country for business-Perm Sec

Posted on July 2, 2025July 2, 2025 by Wole Shadare

….Airline unfolds plans to support tourism in Nigeria Permanent Secretary, Ministry of Aviation and Aerospace Development, Dr. Ibrahim Kana, said the second daily flight frequency, given to Africa’s most profitable airline, Ethiopian Airways, to Lagos from Addis Ababa, Ethiopia, bringing the airline’s frequency to 14 weekly flights, shows the country’s preparedness to open itself to business. Kana who received the B737Max aircraft that touched down at the Murtala Muhammed International Airport, Lagos at about 7.30…

LAAC 2025: Keyamo, AMCON CEO, Sabre Chairman, to Lead Discussions on Aviation Financing in Nigeria

Posted on June 30, 2025 by Wole Shadare

…29th Annual Conference Set for 7 August 2025 in Lagos …Keyamo to Attend as Special Guest of Honour, Najomo to Deliver Regulatory Goodwill Message …Expert Panel Drawn from Across the Aviation Value Chain The League of Airport and Aviation Correspondents (LAAC) has announced a distinguished line-up of top industry leaders, financial experts, regulators, and policymakers for its 29th Annual Conference, scheduled to hold on Thursday, 7 August 2025, at The Providence Hotel, GRA Ikeja,…

African airlines cargo market dips 2.1%, 9.5% increase in travel demand

Posted on June 30, 2025June 30, 2025 by Wole Shadare

The International Air Transport Association’s (IATA) latest analysis of demand and capacity in the global air cargo market, based on year-on-year comparative traffic and capacity data for May 2025 vs May 2024, saw a 2.1% year-on-year decrease in demand for air cargo for African airlines While African airlines saw a dip in air cargo traffic, the carriers increased their cargo capacity by 2.7% year-on-year, achieving a 42.2% Cargo Load Factor (percentage of capacity taken up…

FCM Nigeria wins travel industry ‘Oscars’ as Nigeria’s leading Travel Management Company at World Travel awards

Posted on June 30, 2025 by Wole Shadare

In a remarkable testament to innovation and excellence in an industry traditionally bound by convention, FCM Nigeria has achieved a groundbreaking milestone by securing the coveted title of Nigeria’s leading Travel Management Company at the World Travel Awards 2025. This prestigious recognition, often hailed as the “Oscars of the travel industry,” represents a defining moment for both the company and Nigeria’s position on the global travel management stage. Group Msnaging Director of Finchglow Holdings, Bankole…

Jega, EFCC witness recants, says Arik N85 billion loan not performing since inception

Posted on June 30, 2025 by Wole Shadare

A former Executive Director, Credits at Asset Management Corporation of Nigeria (AMCON), Mr. Muhammed Abass Jega has disclosed that the Arik debt in AMCON, which was onboarded at the time he served as Executive Director, fell within the category of non-performing loan as categorised by the regulatory agencies in the country. He stated this during cross-examination at the ongoing criminal trial at the Special Offences Court presided over by Justice Mojisola Dada. The matter, which…

Rano airplane suffers engine failure, smoke in cabin, flight deck mid air

Posted on June 30, 2025June 30, 2025 by Wole Shadare

A Rano aircraft with registration number 5N-BZY experienced failure on its engine 1 as smoke was noticed in the cabin and flight deck. Oxygen masks were donned. The appropriate safety protocols were initiated on the ground for landing. Smoke dissipated. The pilot safely landed the aircraft without incident. The NCAA Directorate of Airworthiness instructed that the aircraft remain grounded until the conclusion of investigations. The NCAA noted that the rescue aircraft that was to airlift…

Kuku: ‘We’re not imposing new levy on passengers’

Posted on June 30, 2025 by Wole Shadare

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, said the agency does not plan to impose an additional levy of $50 on passengers. The FAAN MD’s reaction comes on the heels of a report that the agency was planning to impose a $50 baggage infrastructure levy on international passengers. In her reaction, Kuku said FAAN would never impose such a charge, noting that instead, the authority had been working…

Govt. mulls new $50 baggage infrastructure tax, Minister to reject proposal

Posted on June 29, 2025June 29, 2025 by Wole Shadare

Foreign airlines kick, new charge disincentive to investment Lagos, Abuja already world’s most expensive airports A proposal to introduce a $50 baggage infrastructure tax for passengers travelling out of the country through the nation’s international airports has been floated by an unnamed government agency. Aviation Metric learnt that an unnamed service provider had sent a proposal to the Ministry of Aviation and Aerospace Development and did a presentation to the foreign airlines on the desirability…

Qatar Airways resumes flights to Kigali, increases network in Africa to 30 destinations

Posted on June 26, 2025June 26, 2025 by Wole Shadare

Qatar Airways is increasing the number of destinations it serves in Africa to 30, with the resumption of flights between Doha and the Rwandan capital, Kigali, from Wednesday, 25 June 2025. The resumption marks the continued expansion of the airline’s African operations and its commitment to operating across the continent, providing increased connectivity and choice of destinations via its award-winning Doha hub, Hamad International Airport. The move is also expected to help boost socio-economic development…

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