Author: Wole Shadare

Tony Chukwunyem with agency report The Federal Government will offer 10 companies, including Nicon Insurance Ltd. and Skyway Aviation Handling Co for sale to selected investors and the public in the fourth quarter to raise N289 billion ($797 million) toward funding the 2018 budget, the Bureau of Public Enterprises (BPE) has said. Bloomberg reported BPE Director, Joe Anichebe, as saying that preparations are in the final stages to begin the sale of the companies in…

Nigeria Air project is put on hold. This could be all government needs to fashion out a more sustainable mode for a successful national carrier, writes, WOLE SHADARE  Shock The news last week of the suspension of Nigeria Air came to many as a rude shock. Many are yet to come to terms that an airline which many Nigerians had looked up to would not fly, albeit temporarily. No tangible reason was given by the Federal…

      FG to deploy equipment to 15 others There are indications that the Federal Government may have spent over $6 million in the installation of category III Instrument Landing System (ILS) for Lagos and Abuja airports, Woleshadare.net has learnt. Besides, government has also concluded plans to install the equipment in 15 other airports across the country and this is expected to cost about $51 million. A source in the Nigerian Airspace Management Agency (NAMA)…

Ultimately, reprieve has come the way of retired ex- workers of the Nigeria Air ways Limited in liquidation( after fifteen years) with President Muhammadu Buhari approving the sum of N22.68 billion to be paid ex – workers immediately. In addition , the president directed the sum of N 20 billion be released immediately to the public universities for revitalization scheme, Minister of finance, Mrs. Zainab Ahmed communicated President Buhari directive on Monday at a meeting…

  Dana Air has deepened its Corporate Social Responsibility with the recent Medical oncology training of 44 Nigerian Doctors at the African University of Science and Technology (AUST), Abuja.   The Medical Oncology training held from 13th to 25th of August, is in collaboration with Project Pinkblue, a Nongovernmental organization, U.S Embassy in Nigeria and the Federal Ministry of Health.   Speaking on the initiative, the Media and Communications Manager of Dana Air, Kingsley Ezenwa…

Airbus Helicopters has officially launched the production of latch shafts for the doors of A350 passenger aircraft using 3D manufacturing.   The printed components are cheaper to produce and weigh less than their counterparts made using traditional means, thereby helping Airbus to offer ever more economical and environmentally friendly aircraft.   Airbus Helicopters in Donauwörth is manufacturing doors for all Airbus aircraft programmes as a supplier. The redesign of the latch shafts and the new…

Want govt. to re-strategise on national carrier Airline operators under the aegis of Airline Operators of Nigeria (AON) said it backed the position of the Federal Government to suspend the planned national carrier project in the interest of the nation and to rethink the entire project. He stated that Nigeria does not need a national carrier, stressing that like what operates in advanced countries of the world, what Nigeria needs are strong private airlines that…

Kenya-based DAC Aviation International has received its first Airbus C295 for humanitarian missions in North-East and Central Africa.  DAC, which specializes in humanitarian missions in Africa, has leased the aircraft from Dublin, Ireland-based lessor, Stellwagen Group. DAC will be the first African civil C295 operator, reaffirming the versatility of Airbus’s medium tactical transport and mission aircraft and its suitability to operate in some of the world’s harshest and challenging operating environments. In 2017 Stellwagen Group…

                     The Nigerian Civil Aviation Authority (NCAA) has given December 31, 2018 deadline to all foreign airlines that are yet to  automate/integrate on the Avitech platform for the remittance of five percent Ticket Sales Charge/Cargo Sales Charge [TSC/CSC] to do so or face severe sanctions. A letter to that effect dated September 14, 2018 has been despatched to the affected airlines which are 30 in all…