Wole Shadare, Author at Aviation metric

Nigeria clears $600 million airlines’ trapped funds

Posted on June 5, 2018 by Wole Shadare

From Wole Shadare Sydney, Australia The International Air Transport Association (IATA) said it was encouraged by the recent developments in Nigeria where the Federal Government succeeded in clearing $600 million backlog of airline funds trapped in Nigeria. The Director-General of IATA, Alexandre de Juniac in an interview with woleshadarenews at the 74th Annual General Meeting (AGM) of the clearing house for over 280 global airlines confirmed that the country had indeed cleared the amount that led…

Seoul gets nod to host 2019 IATA AGM

Posted on June 5, 2018 by Wole Shadare

The International Air Transport Association (IATA) announced that Korean Air will host the 75th IATA Annual General Meeting (AGM) and World Air Transport Summit in Seoul, South Korea, from 2-4 June 2019. This will be the first time that the South Korean capital hosts the global gathering of aviation’s top leaders. “The aviation industry is looking forward to meeting in Seoul for the 75th IATA AGM. South Korea has a great story to promote. Strategic planning…

Akbar Al Baker is new IATA Board Chairman

Posted on June 5, 2018 by Wole Shadare

The International Air Transport Association (IATA) announced that Qatar Airways Group Chief Executive, Akbar Al Baker, has assumed his duties as Chairman of the IATA Board of Governors (BoG) for a one-year term effective from the conclusion of the 74th IATA Annual General Meeting in Sydney, Australia. Al Baker is the 77th chair of the IATA BoG and the first CEO from Qatar Airways to hold the position. He has served on the BoG since 2012….

Airlines to rake in $33.8 billion in 2018-IATA

Posted on June 4, 2018 by Wole Shadare

Rising costs put carriers under pressure Jet fuel prices expected to rise From Wole Shadare (Sydney, Australia) The Director General of International Air Transport Association (IATA) Alexandre de Juniac said airlines will rake in $33.8 billion this year, adding that aviation’s financial foundation is stronger than ever. He made the remark today while giving report on the air transport industry at the on-going World Air Transport Summit in Sydney, Australia. The IATA boss stated that…

Airports concession: Intl airlines to raise fares, passengers to pay more

Posted on June 4, 2018 by Wole Shadare

Charges are higher for privatised airports-IATA Why privatised airports fail to deliver From Wole Shadare, Sydney, Australia There are indications that inbound and outbound passengers may pay more for air travel as charges and taxes are expected to be raised astronomically should the Federal Government go ahead with its planned concession of its major airports. The International Air Transport Association (IATA) has urged governments including Nigeria not to consider aerodromes for privatisation and…

IATA, AFRAA ink pact to Advance Aviation in Africa

Posted on June 3, 2018 by Wole Shadare

From Wole Shadare (Sydney) The International Air Transport Association (IATA) and The African Airline Association (AFRAA) have signed a memorandum of understanding (MoU) to deepen their cooperation. The MoU was signed by Alexandre de Juniac, IATA’s Director General and CEO and AFRAA’s Secretary General, Abderahmane Berthé on the sidelines of the 74th IATA Annual General Meeting in Sydney. Under the MoU, IATA and AFRAA will exchange information, expertise and capabilities and work jointly to:…

Nick Fadugba is new chairman of African Business Aviation Association

Posted on May 31, 2018 by Wole Shadare

Succeeds Fahmy, promises to take body to new heights The African Business Aviation Association (AfBAA) has appointed Mr Nick Fadugba, CEO, African Aviation Services Limited, as its new Chairman. He was appointed by AfBAA’s Board of Directors during the recent European Business Aviation Conference & Exhibition (EBACE) in Geneva, Switzerland, and replaces Mr Tarek Ragheb, the Founding Chairman of AfBAA. Fadugba established African Aviation Services, in 1990, with the raison d’etre of promoting aviation development…

Shocker! Airline operators reject national airline project

Posted on May 31, 2018 by Wole Shadare

Fault members’ exclusion from committee for national carrier Set to stop VAT remittance to FG Airline operators under the aegis of Airline Operators of Nigeria (AON) rose from a meeting with a consensus among them that national carrier which the Federal Government may have concluded plans to set up by December this year was not only unnecessary but ‘counterproductive. This recent criticism of national airline is coming at a time majority of Nigerians are clamouring…

Global aviation leaders storm Sydney for IATA’s 74th Annual General Meeting

Posted on May 31, 2018 by Wole Shadare

Leaders of the global air transport industry would gather in Sydney, Australia for the International Air Transport Association (IATA) 74th Annual General Meeting (AGM) and World Air Transport Summit. Hosted by Qantas, the event will include addresses by Sir Peter Cosgrove, Governor-General of Australia; Michael McCormack, Deputy Prime Minister and Minister for Transport; and Dr Fang Liu, Secretary General, International Civil Aviation Organization (ICAO). “Sydney will be the capital of air transportation as aviation…

Passengers Ebola screening exercise gathers momentum at airports

Posted on May 30, 2018 by Wole Shadare

Nigeria’s quest to tackle the deadly Ebola Virus Disease (EDV) gained momentum as the Federal Government through the Federal Airports Authority (FAAN) deployed massive equipment to ensure that inbound and outbound passengers do not bring the disease into Nigeria. The use of the infrared and thermal scanners installed at the arrival and departure halls are to double sure that the virus does not find it way into the country. During a tour of the screening…

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