New Telegraph’s Shadare Wins Aviation Writer Of The Year

New Telegraph’s Shadare Wins Aviation Writer Of The Year

Aviation Editor of New Telegraph Newspapers, Wole Shadare, has been named Aviation Writer of the Year at the 10th edition of Nigeria Media Nite-Out Awards (NMNA) 2016.  At the award ceremony held on Sunday at Time Square Event Centre in Ikeja, Lagos, Shadare was announced Aviation Writer of the Year, ahead of Comfort Oseghale (Punch), Olusegun Koiki (National Mirror), Loius Ibah (Sun) and Kelvin Osa Okunbor of The Nation. Speaking at the event, founder of…

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Woman, 26, may be the world’s youngest airline captain

Woman, 26, may be the world’s youngest airline captain

Their combined ages are just 45. But that didn’t stop 26-year-old captain Kate McWilliams and her 19-year-old co-pilot Luke Elsworth from flying hundreds of passengers to their destinations this week. The young pilots manned a flight from London to Malta, after McWilliams earlier passed a course ascending to the rank of captain. Their employer, the British carrier Easyjet, believes McWilliams has become the world’s youngest commercial airline captain — with co-pilot Elsworth also one of…

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FG Under Pressure To Rescue Airlines

FG Under Pressure To Rescue Airlines

• Mulls Bailout Funds With Low Interest Rates, Others The Federal Government is under immense pressure to rescue Nigerian carriers from extinction, as it weighs options that would allow the airlines remain afloat. Woleshadare.net learnt that the Minister of State for Aviation, Hadi Sirika, is tinkering with many options. Among such options is to write a memo to President Muhammadu Buhari on the need to offer fresh bail out to the carriers. But this option…

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Afrexim Bank partners with Arik to promote intra-African trade

Afrexim Bank partners with Arik to promote intra-African trade

*Airline may get more funds for expansion   Wole Shadare President, African Export-Import Bank (Afreximbank), Benedict Oramah said the firm is collaborating with Nigerian flag carrier airline, Arik to promote intra-Africa trade, saying its partnership with the airline has been mutually rewarding. Oramah made the disclosure when he led his team to hold a business strategic meeting with the management of the carrier at its headquarters at the Murtala Muhammed Airport, Lagos at the weekend….

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Nigeria, highest revenue earner for RwandAir

Nigeria, highest revenue earner for RwandAir

*Lauds trader partners, seeks more cooperation Africa’s fastest growing airline, RwandAir has admitted that the Nigerian route is the highest revenue earner for the carrier. This is coming as the carrier plans to take delivery of two A330 airplanes with one of them replacing he B737-800 it currently operates to Lagos. This plan was unfolded by the carrier’s Country Commercial Manager, Ibiyemi Ogunsi when the  airline met with its trade partners at the Southern Sun…

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Aviation sector woes: Advice for Sirika

Aviation sector woes: Advice for Sirika

 By Olumide Ohunayo   The Minister of State for aviation should, as a matter of urgency, convene a Stakeholders’ Conference that will draft and present a National Civil Aviation Policy (NCAP}. We need the policy to tackle common bottlenecks to propel Nigerian aviation. The new policy should reflect liberalisation and be pro-growth. Some countries have done it. India’s new NCAP is designed to empower carriers negotiate commercial partnerships with little or no interference from the regulator,…

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Egypt working to free airlines’ $240 million blocked funds

Egypt working to free airlines’ $240 million blocked funds

The International Air Transport Association (IATA) is working with Egyptian authorities to find a practical solution to release foreign exchange funds claimed by international airlines operating to Egypt. Since March 2016, airlines have been unable to repatriate the full amount due them under international conventions, as a result of restrictions imposed by the Egyptian Government. The current value of funds blocked in Egypt stands at $275 million.     Discussions between airlines, the Central Bank…

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Experts divided over airports concessions

Experts divided over airports concessions

*Bruce, Ore, Williams back action *Demuren, Meggison seek clear cut concession direction Stakeholders in the aviation industry were sharply divided over the plans by the Federal Government to privatise four of the major aerodromes across the country. The four airports that are slated for concessioning are those in Lagos, Abuja, Port and Kano. To show its seriousness, the Minister of State for Aviation, Hadi Sirika had already set up two committees to midwife the process….

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3,000 pilgrims return from Saudi Arabia

3,000 pilgrims return from Saudi Arabia

No fewer than 3,000 pilgrims, who performed the 2016 Hajj in Saudi Arabia have arrived on Medview flights to Lagos, Kaduna and Kano. The latest flight arrived on Friday morning at the Murtala Muhammed International Airport, with 323  pilgrims. The pilgrims comprised those who travelled through Med-View Travels Konsult and some other tour agents as well as pilgrims from Oyo State. They were conveyed in a Boeing 777-200 deployed for Hajj operations by Med-View Airline. The…

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Airlines to post record $40b profit in 2016 – IATA

Airlines to post record $40b profit in 2016 – IATA

  *Airlines benefit from fall in oil price *Nigerian carriers in dire straits   The International Air Transport Association (IATA)  said global airlines are expected to post record profits of almost $40 billion this year, but warned the sector faced threats from terrorism, a sharp rise in oil prices and protectionism. IATA’s Chief Executive Officer, Alexandre de Juniac, who took the reins at the International Air Transport Association on September 1, also called on Southeast…

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