Blocked funds, Forex problem for foreign airlines in Africa, says IATA

Blocked funds, Forex problem for foreign airlines in Africa, says IATA

The International Air Transport Association (IATA) said blocked funds and denied access to foreign exchange in Africa is an increasing problem for foreign airlines. The Director-General of IATA, Alexandre de Juniac in a statement to Woleshadare.net said in nine African countries, international carriers are unable to repatriate their foreign currency earnings, while locally-based airlines experience difficulties making on-time foreign currency payments to their suppliers and business partners.  “Angola and other countries blocking funds are undergoing significant economic…

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Emirates signs agreement for 36 additional A380s

Emirates signs agreement for 36 additional A380s

Commitment to grow its flagship A380 fleet  Dubai-based Emirates Airline has signed a Memorandum of Understanding (MoU) to acquire up to 36 additional A380 aircraft. The agreement was signed this morning at the airline’s headquarters in Dubai by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, and John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft. The commitment is for 20 A380s and an option for 16 more…

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Nigerian Airports: New Threats And Opportunities

Nigerian Airports: New Threats And Opportunities

Nigerian airports in recent times won the acclaim of Nigerians and the international community, especially in the wake of the executive order for improvement to the ease of doing business across board.   Over the years and through successive administrations, the Nigeria Airports Authorities have been striving for improvements in facilities and services. However, the government Executive Order issued last year provided an added impetus to the achievement of a number of lofty goals. Among…

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Back-from-the-dead Aero to rescue airlines’ maintenance woes

Back-from-the-dead Aero to rescue airlines’ maintenance woes

Nigeria’s oldest airline, Aero Contractors at the weekend successfully rolled out its in-house C-check. The airline has had its fair share of crises that almost led to extinction. Many say this feat could lift it out of its doldrums, writes   WOLE SHADARE Historic feat Aero Contractors completion of a C-Check of one of its B737 aircraft last week could be the beginning of good things for airline operators as the facility could help save Nigerian…

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Airbus ends 2017 with orders for 841 jetliners

Airbus ends 2017 with orders for 841 jetliners

  Airbus closed out 2017 with orders in December for 841 jetliners – the highest monthly intake in company history, and delivered 127 aircraft during the month – also marking an all-time high.  The new business at year-end was composed of 828 bookings for Airbus’ best-selling A320 single-aisle family in both its NEO and CEO versions; along with 13 A330s, eight of which will be produced in the A330-900neo configuration, and five A330-200s to be…

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Nigeria to retain N32.4 billion yearly on aircraft repairs

Nigeria to retain N32.4 billion yearly on aircraft repairs

Nigeria is set to save $90 million dollars with the commencement of Aero Contractors Maintenance Repair and Overhaul (MRO) facility, given that the country operates no fewer than 40 Boeing aircraft, Woleshadare.net has learnt. Hadi Sirika disclosed this to this newspaper at the roll out of Aero Contractors 737-500 aircraft from the hangar after the successful completion of a C-Check. He said the capital flight narrative is about to change with the organisation’s initiative. A C-check is…

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Dana Air Unveils bumper Sponsorship Deal with Heartland FC of Imo State

Dana Air Unveils bumper Sponsorship Deal with Heartland FC of Imo State

The airline partnership between Dana Air and the Imo state Government have started yielding benefits with the recent unveiling of a multi-million naira sponsorship deal with Heartland football club of Owerri Imo state.  The season-long  sponsorship deal which is part of the airlines’ support to the newly-promoted Imo state based team’s 2018 league  campaign,  will see the airline get shirt sleeve branding and lots of other branding opportunities with the club. Speaking at the unveiling…

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$6m safety tools: Nigerian carriers deficient, foreign airlines’ benefit

$6m safety tools: Nigerian carriers deficient, foreign airlines’ benefit

The multimillion dollar Instrument Landing System (ILS) installed at some of the nation’s airports amounts to a waste of resources as domestic airlines do not have the requisite facilities on-board their aircraft to allow for them to land in inclement weather, Woleshadare.net has learnt. Foreign airlines, it was gathered, are the ones enjoying the facilities as they can operate and land in inclement and foggy weather, but the reverse is the case with Nigerian carriers…

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New Catering: BA invests multi-million pounds for World Traveller customers

New Catering: BA invests multi-million pounds for World Traveller customers

British Airways has announced a multi-million pound investment in its World Traveller (long-haul economy cabin) catering, introducing an exciting and expanded new menu, which provides more quantity and quality to both meals and great snacking options throughout the flight. Options now include: ·         Pretzels with the welcome drink ·         Four-course meal with starter, entrée, dessert, cheese and biscuits, accompanied by a bread roll and bottle of water ·         Second meal or substantial snack depending on the length of…

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Ministers may clash over N45b ex-airways workers’ pay intrigues

Ministers may clash over N45b ex-airways workers’ pay intrigues

838 ex-airways workers died since 2004 liquidation 25 deaths since December 2017   A cold war is brewing between the Ministries of Finance and Aviation over intrigues concerning the release of N45 billion approved by the Federal Government last year for the final severance benefits of former workers and pensioners of liquidated national carrier – Nigeria Airways Limited.  The impending crisis is predicated on the inability of the Finance Ministry to fast track release of…

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