Wole Shadare, Author at Aviation metric

Nine years after, NAMA restores wifi services to airports

Posted on December 13, 2024December 13, 2024 by Wole Shadare

Nine years later, the Nigerian Airspace Management Agency (NAMA) restored WI-FI services to the Murtala Muhammed International Airport, Lagos. This is a major boost for travellers and airport users who need the facility to stay in touch with their loved ones after their trip. With it, passengers waiting at airports and other airport users will be able to connect wirelessly to the internet using their smartphones, tablets, laptops, and other smart devices. WI-FI As part…

FG worries over airlines’ short lifespan, seeks solution

Posted on December 12, 2024 by Wole Shadare

Over 50 carriers closed shops in 20 years The Federal government has expressed worry over the alarming rate of airline collapse in the country and has declared that it was ready to formulate policies that would lead to survival of carriers. It noted that it will put in place policies and processes that will ensure survival and growth of domestic airlines. The rate of airline extinction in Nigeria is quite alarming as many…

FAAN remits over N218bn into federation account in 5 years

Posted on December 11, 2024 by Wole Shadare

The Federal Airports Authority of Nigeria (FAAN) remitted N218,335,247,877.87 as a contribution from the Internally Generated Revenue (IGR) and a total sum of N352,263,212.34 as remittance on 1 per cent stamp duty to the Consolidated Revenue Funds Account (CRF) for the period of 2020 – 2024, Mrs Olubunmi Kuku, Managing Director of the Authority has said. She disclosed on Wednesday during a presentation before the Senate Committee on Finance, about the remittance of Internally Generated…

Allied incident paralyses flight operations, flights resume at Abuja airport

Posted on December 11, 2024 by Wole Shadare

NSIB begins probe Stakeholders divided over call for second runway Nosewheel severed from aircraft, tyres burst on landing, heads for bush For hours, the Nnamdi Azikiwe International Airport, Abuja remained closed following the skidding of Allied Air cargo plane said to be ferrying goods and money for the Central Bank of Nigeria (CBN) skidded off the airport runway into a nearby bush. The skidding off of the B737-800 cargo airplane caused extensive damage…

Allied Air cargo plane skids off into bush at Abuja airport

Posted on December 11, 2024December 11, 2024 by Wole Shadare

An Allied Air Cargo aircraft, registration number 5N-JRT, experienced a runway excursion at Nnamdi Azikiwe International Airport in Abuja on Wednesday morning at 10:05. The incident occurred when the plane skidded off the runway. All five people on board were safely evacuated, and no injuries were reported. The passengers were taken to the Federal Airports Authority of Nigeria (FAAN) clinic for further medical checks. The Airport Emergency Response Team and accident investigators were quickly dispatched…

NAMA attains ISO 9001 certification

Posted on December 10, 2024December 10, 2024 by Wole Shadare

The International Organization for Standardization (ISO) has approved the elevation of the Nigerian Airspace Management Agency (NAMA) to its certification category of ISO 9001:2015. The agency attained the certification recently after undergoing a strenuous certification audit by representatives of ISO and coming out successful based on the listed clauses. The certification audit took representatives of ISO to the five international airports (Lagos, Abuja, Kano, Port Harcourt and Enugu), Aeronautical Information Services (AIS) as well as…

Record 5.2 billion people to take to air travel, airlines’ revenue to hit $1 trillion in 2025-IATA

Posted on December 10, 2024 by Wole Shadare

The International Air Transport Association (IATA) has announced its financial outlook for the global airline industry in 2025, with the group saying that total industry revenues are expected to be $1.007 trillion, representing an increase of 4.4% from 2024. This is the first time according to IATA that the industry revenues top the $1 trillion mark, while expenses are expected to grow by 4.0% to $940 billion. According to a paper presented by the IATA…

Why Nigeria’s wet lease pact remains unprofitable-Sanusi

Posted on December 10, 2024 by Wole Shadare

..Lists reasons airlines struggle The Managing Director of Aero Contractors, Capt Ado Sanusi has given the reason why wet leased aircraft are only profitable for a very short period. In a media briefing in Lagos, the airline chief explained that the profitability of a wet lease is only determined by the stability of the local currency which is the Naira in Nigeria. He however stated that the closing of different tiers of exchange rates…

‘Stingy’ airlines amid exploitative fare inquisition

Posted on December 10, 2024December 10, 2024 by Wole Shadare

The Federal Competition and Consumer Protection Commission (FCCPC) may be waking up late to its responsibility but has picked up the gauntlet to protect consumers’ rights amid alleged exploitative fares by Air Peace and possibly other airlines. This is coming as Aero’s new fare slash is attracting passengers to a relatively quiet airline, writes, WOLE SHADARE Payback time The Christmas period is a period for giving. It is just a show of giving back to…

IATA: Nigeria maintains clean record, owes no foreign airline

Posted on December 9, 2024December 9, 2024 by Wole Shadare

Blocked airline funds drop to $1.7b Nigeria has continued to retain its clean record by continuously missing from the infamous black book of airlines in which funds were trapped in the country. Since July, no airline has had its funds trapped in Nigeria as over $800 million of airlines’ money trapped had been paid. IATA maintain the position today stressing that nine countries account for 83 per cent of the airline industry’s blocked funds, which…

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