Wole Shadare, Author at Aviation metric

Harmony of the Seas brings adventure to Barcelona

Posted on June 10, 2016 by Wole Shadare

*World’s Largest Cruise Ship Sets Sail from Summer Homeport Royal Caribbean International’s President and CEO, Michael Bayley, sends off the cruise line’s newest ship, Harmony of the Seas, as she departed on her inaugural cruise from her summer homeport of Barcelona, Spain this week. Coming off of receiving stellar guest satisfaction scores and feedback on its first repositioning cruise, from Southampton, U.K. to Barcelona, the world’s largest cruise ship is sailing an exclusive five-night Western…

Global airline share fell by 3% in May

Posted on June 9, 2016 by Wole Shadare

Global airline share prices fell by 3.0 per cent during May 2016, and ended the month nearly 11 per cent below their level at the start of the year. Meanwhile, Asia Pacific airlines saw the biggest month-on-month fall (-5.2 per cent), while North American and European carriers saw more modest declines (-2.8 per cent and -0.7 per cent respectively). The International Air Transport Association (IATA) stated that amid ongoing investor concerns about the impact of…

N5bn waterway investments under threat

Posted on June 9, 2016June 9, 2016 by Wole Shadare

The Managing Director of Tarzan Marine Enterprises, Mr. Ganiyu Balogun has accused the Lagos State Government through the state’s waterway authority of attempting to put the company’s N5 billion investments in jeopardy. Balogun, who spoke in Lagos accused the Lagos State Waterway Authority (LASWA) of persistent victimisation and harassment despite fulfilling all the agreed terms before commencing ferry services in the state in 2004. Balogun alleged that LASWA officials without recourse to the existing agreement…

Operators seek solutions to airline woes

Posted on June 9, 2016 by Wole Shadare

Airline operators under the aegis of Airline Operators of Nigeria (AON) have sought the assistance of the Minister of State for Aviation, Hadi Sirika in tackling the myriad of problems confronting carriers in Nigeria. The operators, had in a meeting held with Sirika, highlighting their problems to include the constraints to foreign exchange (Forex) access; availability, pricing and distribution of Jet A1; taxes on importation of aircraft and its spare parts as well as other multiple…

Ethiopian Group CEO re-appointed to IATA Board of Governors

Posted on June 7, 2016 by Wole Shadare

Ethiopian airlines, the leading African carrier is pleased to announce that its Group CEO Mr. Tewolde GebreMariam has been re-appointed to the IATA (International Air Transport Association) Board of Governors for a three year-term at the 72nd IATA Annual General Meeting (AGM) held in Dublin, Ireland. Moreover, GebreMariam has also been appointed to the IATA Strategy and Policy Committee. He has been serving to the Board of governors since 2013. The IATA Board of Governors…

N6.9B NAMA scam: N855M traced to defendant’s account

Posted on June 7, 2016 by Wole Shadare

A witness in the ongoing trial of Managing Director of the Nigerian Airspace Management Agency (NAMA), Abdulsalam Ibrahim today informed the Federal High Court Lagos how the sixth defendant Bola Akinribido and the second defendant Segun Agbolade connived and diverted the sum of N855, 000, 000.95 property of NAMA. At the last adjourned date, the witness Babatunde Adelekan had disclosed that between August 2013 and September 2015 there was an inflow of N837, 221, 137…

Airbus received 77 orders for A32O Family in May 2016

Posted on June 7, 2016 by Wole Shadare

*New A350 orders reach 800 mark Aircraft giant, Airbus received 77 orders for the popular single-aisle A320 Family, as well as six A350XWBs to raise total bookings for this new Xtra Widebody jetliner above the 800 mark. This was contained in new business logged by Airbus during May, 2016. The month’s 57 deliveries included aircraft from across the company’s product lines. According to the firm, all six A350 XWBs added to the order book are A350-900s…

Air safety: Nigeria, Africa get low rating

Posted on June 7, 2016 by Wole Shadare

Despite the poor air safety records in Africa, particularly in Nigeria where the country has witnessed series of plane crashes, carriers in the region whose businesses are worth $70 billion, have poor safety report card. WOLE SHADARE writes Overcoming tragedy? International commercial air travel has reached levels of safety and convenience, which would have been unimaginable just a generation ago. Although, they are almost always extremely tragic events, the lessons have played important role in…

IATA: Nigeria, others profit from $19bn illegal trade yearly

Posted on June 7, 2016 by Wole Shadare

Illegal Wildlife Trade (IWT) from Nigeria and other African nations, including Kenya, Mozambique, South Africa, Ethiopia and Angola, is worth $19 billion annually, the International Air Transport Association (IATA) has said. The clearing house for 260 global airlines disclosed this to our correspondent in Dublin, Ireland, at its 72nd Annual General Meeting (AGM), which ended at the weekend. Consequently, IATA and many of leading aviation organisations are partnering with governments and conservation organisations to raise awareness of…

IATA uncovers 230 taxes imposed on air tickets

Posted on June 6, 2016 by Wole Shadare

*UK, Nigeria pocket £3bn, $360m annually The International Air Transport Association (IATA) has discovered nearly 2000 government- imposed aviation taxes and charges in their data base -of which 230 are statutory taxes imposed on tickets, outgoing Secretary-General of the body, Tony Tyler, has said. He disclosed this at the just concluded IATA’s 72nd Annual General Meeting in Dublin, Ireland. The IATA boss also bemoaned the high taxes imposed on aviation sector, saying the phenomenon militates…

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