Author: Wole Shadare

The International Air Transport Association (IATA) today released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose by 6.9 per cent in January 2017 compared to the year-earlier period.   While this was down from the 10 per cent annual growth recorded in December 2016 it still was well above the average annual growth rate of three per cent over the past five years. African carriers’ saw freight demand…

South African Airways has harped on the importance of its travel partners to explore multiple ways of generating revenue to increase their profit base. The carrier made the disclosure at a forum held at Federal Palace Hotel, Victoria Island, Lagos. The aim of the forum was to enlighten and educate the travel partners on how to develop new marketing campaign strategies beyond their core service of ticket sales to its customers. SAA used the opportunity…

*Shut premises Landover Aviation company was today picketed by the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) yesterday over alleged anti-labour practices by the firm.  The union took over the premises of the firm as helicopter workers engaged by the company who came from Warri, Delta State also joined in the protest. They were protesting against non-remittance of taxes, anti-labour practices and unjust sack of their members by the management. The workers also…

The Federal Airports Authority of Nigeria has inaugurated its Anti-Corruption and Transparency Unit (ACTU). The eleven man committee which was sworn in on Thursday last week at an event in Lagos were charged to ensure the domestication of the key tenets of ICPC, which are transparency, accountability and good ethical practices at the Federal Airports Authority of Nigeria.  The Authority’s director of Commercial and Business Development, Alhaji Sadiku Abdulkadir Rafindadi, who represented the MD/CEO at…

*FG to domesticate training course, cuts capital flight Nine Inspectors of the Nigerian Civil Aviation Authority (NCAA) have qualified and duly certified as International Civil Aviation Organisation (ICAO) Instructors. A statement from NCAA, signed by its General Manager, Media, Sam Adurogboye said all the officers attained this  qualification after the successful completion of the ICAO TRAINAIR PLUS Training Instructors Course (TIC). He stated that with this development, the Federal Government has saved huge capital flight…

*The gainers, the losers, questions over N174bn airport remodelling   The time is here. Airlines are putting preparations in top gear to relocate their activities to Kaduna airport as repair works are expected to begin at the Nnamdi Azikiwe International Airport, Abuja on Wednesday March 8, 2017. While many of the popular European airlines like British Airways, Lufthansa, Air France-KLM and others have indicated that they are not ready to operate to Kaduna because of…

The National Association of Nigeria Travel Agencies (NANTA) has thrown its weight behind what it termed quick intervention of Asset Management Corporation of Nigeria (AMCON) in Nigeria’s troubled flag carrier airline, Arik from total collapse. Speaking on the side-line of announcement on its forth coming 41st non elective Annual General Meeting, AGM to be held in Sheraton Hotels, Lagos on March 21, 2017, NANTA President, Bankole Bernard said the damage the new management of the…

  *Financial model earns it 21 awards   Turkish Airlines has crowned its success with 21 international finance awards in the past 10 years for raising $12 billion with three new awards for its successful aircraft financing models. The three new awards won at Bonds & Loans Awards Night and which brought the number of awards on its financial models to 21 include “Transport Finance Deal of the Year”, “Trade and Export Finance Deal of…

*Calls for tax reduction in aviation   The International Air Transport Association (IATA), the clearing house for over 265 global airlines has called for tax reduction in aviation.   The Director-General of IATA, Alexandre de Juniac wondered that in a country as big, beautiful and full of opportunity as the US, “why have a taxation policy that discourages travel? Aviation is the business of freedom and we must continue to work together to make it…