Author: Wole Shadare

.. Set to commence operations    A new internationally licensed Maintenance Repair and Overhaul (MRO),  7 Star Global Hangar, owned and managed by Nigerians, will commence operations in the country next week, following the granting of a full license by the Nigerian Civil Aviation Authority in Lagos (NCAA)   According to Isaac Balami, Chief Executive Officer of 7 Star, the MRO is operations-ready to handle  Boeing 737 Fleets. 7 Star will also stock a comprehensive…

●Backs airport concession   Respected economist and Chief Executive Officer (CEO) of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has joined other financial experts in criticizing the Federal Government’s plan to establish a national carrier for the country. Rewane made the criticism in his Lagos Business School (LBS) August presentation obtained by New Telegraph last weekend. Specifically, he argued that the expected profits from the national airline project would be insufficient to cover its…

The aviation landscape continues to change across the globe, but one thing has remained constant and that is the undeniable potential to develop new air connectivity across the vast African continent. WOLE SHADARE writes Weakness   While Africa has one of the biggest populations in the world with about a billion people, its aviation industry is considered small, weak and fragmented, representing only about five per cent of the global market. The continent is rich…

The Nigerian Civil Aviation Authority (NCAA) has commenced a full scale investigation into the wanton security breach that occurred on Friday, 3rd August, 2018, at the Sultan Abubakar Sadiq 111 Airport, Sokoto. The authority disclosed that it was in receipt of reports of a huge crowd that flagrantly broke all security rules and gained unauthorised access to the safety critical areas of the airport. These include runway, taxiway and apron. A former governor of Sokoto…

As the summer travels season kicks into high gear, Peacock Travels Limited, in collaboration with some of the world’s leading airlines, has announced a package of promotional fares and incentives to ensure hassle-free travels. The heavily discounted fares, some as low as N319, 999 for return trips, have been carefully selected to cover a wide range of routes such as London, New York, Houston, Washington, Istanbul and Dubai – all very popular with Nigerian travellers….

        Airbus, Boeing forecast $165b for Africa by 2030       Carriers battle financial challenges Nigeria would need over 50 airplanes in the next 15 years to replace fuel guzzling geriatric aircraft if they are to compete with their counterparts, which are migrating to fuel-efficient and cost-effective airplanes, Woleshadarenews has learnt. These aircraft would cost the operators approximately $ 3billion. Managing Director of Aero Contractors, Capt. Ado Sanusi, confirmed these develop to Woleshadarenews in Lagos….

Action violates international conventions  The Federal Airports Authority of Nigeria (FAAN) has condemned in strong terms the invasion of the runway of Sultan Abubakar III International Airport, Sokoto by loyalists of some politicians who broke through the airport fence and invaded the airport in a bid to receive their political masters.  This is in veiled reference to former governor of Sokoto, Senator Aliyu Wammako’s visit to  the state followed by the huge crowd that received the Senator and…

 Carrier’s mortality rate in 11 years stands at 57%  Former Governor of Kogi State, Capt. Idris Wada has tasked stakeholders in the aviation industry to urgently find a stop to the incessant collapse of airlines in the country.  He stated that the survival of airlines would help to revive the aviation sector and boost economic growth.  The former governor of Kogi state, Capt Idris Wada who gave this charge at the dinner and awards at…

 There are indications that Nigeria may be losing about N3.6 trillion to export opportunities from agricultural commodities due to lack of operational and investment drives in the agro perishable industry and the aviation sector.  This observation was part of the reports obtained from a recent workshop on Agro Air Logistics with Sub theme ‘Enhancing Air Transport Support for Perishable Goods’ at the Airport Business Summit and Expo 2018 conducted by FCI International Limited in Abuja.  According…