Wole Shadare, Author at Aviation metric

Aviation: Experts Decry Nigeria’s N40bn Domestic Cargo Market

Posted on September 2, 2024September 2, 2024 by Wole Shadare

Despite the potential, the Nigerian domestic cargo market estimated to oscillate around N22 billion and N45 billion annually is considered very small occasioned by poor infrastructure. This was the view of stakeholders, who spoke to Aviation Metric at the just concluded 4th aviation cargo summit in Lagos, christened ‘Chenet’. They noted that considering the country’s geographical size, it had the potential to grow into a multi-billion dollar market, contributing significantly to Nigeria’s Gross Domestic…

New US aviation law ‘delists’ Nigeria from category one aviation status

Posted on September 2, 2024September 2, 2024 by Wole Shadare

Designated Nigerian carriers to US can’t fly Nigeria, airlines to undergo recertification Ethiopia, Egypt, Rwanda, Morroco, SA retain status A new law by the United States apex aviation regulatory body, the Federal Aviation Administration (FAA) stipulates that nations whose carriers fail to operate to the United States under the ‘Open Skies’ agreement between it and the US. for at least two years will have its entire sector and airlines designated to America undergo recertification….

Flight delay/departure: NCAA to inspect all foreign aircraft on Nigerian route, moves to sanction BA

Posted on August 30, 2024August 30, 2024 by Wole Shadare

The late arrival and departure of British Airways flights from the Nnamdi Azikiwe Airport Abuja in the past three to four days has become a huge concern to the Nigeria Civil Aviation Authority (NCAA). Consequently, the aviation regulatory body has contacted the carrier and initiated these frequent delays to establish the root cause of these delays and take appropriate action to ensure passenger rights are protected and also prevent a re-occurrence. In a letter dated…

Minister, Boeing sign aircraft acquisition agreement for Nigerian carriers

Posted on August 29, 2024August 29, 2024 by Wole Shadare

Aircraft giant to offer technical support, training for operators To advance Nigeria’s aviation sector, the Minister of Aviation and Aerospace Development, Festus Keyamo, signed a strategic Memorandum of Understanding (MoU) with Boeing, one of the world’s leading aircraft manufacturers. The signing ceremony took place yesterday in Seattle, Washington, USA, in the presence of key Nigerian aviation stakeholders, including executives from major Nigerian airlines, top management team of the Nigerian Civil Aviation Authority and…

RwandAir Eyes Daily Flights To Lagos

Posted on August 28, 2024August 29, 2024 by Wole Shadare

RwandAir, one of Africa’s fastest-growing airlines with the youngest fleet of eight years on average, has announced an increase in capacity with daily flight to Lagos starting in October 2024. The airline made the announcement recently at a Sales Forum in Lagos organized at the Celebration Gardens Event Centre, GRA Ikeja, Lagos to provide travel agencies with product knowledge and updates on the airline’s current offerings, as well as to get feedback and support aimed…

African airlines see 6.2 year-on-year rise in demand for air cargo transport in July

Posted on August 28, 2024August 28, 2024 by Wole Shadare

The International Air Transport Association (IATA) has has released its July 2024 y-o-y analysis of the air cargo market (a very useful barometer of trade) based on capacity (supply) and traffic (demand). During the month in review, African airlines saw 6.2% year-on-year demand growth for air cargo in July, the lowest of all regions and their lowest recorded figure in 2024. Demand on the Africa–Asia market increased by 15.4% compared to July 2023, just as July…

Ministry, airline operators engage over helicopter landing fee

Posted on August 27, 2024 by Wole Shadare

The Ministry of Aviation and Aerospace Development on Tuesday held a sensitisation meeting with the Airline Operators of Nigeria (AON) on the report of the Ministerial Committee set up to review the collection of Helicopter landing levies. According to a statement by the Head, of Press and Public Affairs of the Ministry, Odutayo Oluseyi, the committee was mandated to review the exercise and develop recommendations. Oluseyi said this followed complaints by the airline operators. According…

Nigerian carriers in dire straits

Posted on August 27, 2024August 27, 2024 by Wole Shadare

Nigerian airlines are in dire straits and need urgent intervention to minimize existential threats they are confronted with, writes, WOLE SHADARE Big market, small size The sheer size of Nigeria’s aviation domestic market still considered one of the biggest if not the biggest in Africa makes one think deeply about the precarious state of the industry in Nigeria. Air transportation, however, has failed to fill this gap and the market remains small by the standard…

NAMA, Ekiti ink air traffic services pact for new airport

Posted on August 25, 2024August 25, 2024 by Wole Shadare

As part of measures to ensure a seamless takeoff of the newly established Ekiti State Agro-Allied International Cargo Airport in Ado-Ekiti, the Nigerian Airspace Management Agency (NAMA), has signed a Memorandum of Understanding (MOU) with the Ekiti State Government. Over the weekend, the MOU signed at the agency’s headquarters annexe, Murtala Mohammed Airport, Lagos, attracted top officials of Ekiti state government and NAMA. The Managing Director of NAMA, Engr Farouk Ahmed Umar noted that the…

Finchglow Travels Wins Platinum Award at Qatar Airways Night of Excellence

Posted on August 23, 2024 by Wole Shadare

Finchglow Travels, Nigeria’s leading travel consolidator, has been honoured with the prestigious Platinum Award at Qatar Airways’ Night of Excellence. A statement by Temilade Adu, Public Relations Manager, Finchglow Holdings said “This esteemed award recognises Finchglow Travels’ outstanding performance in the financial year and commitment to delivering outstanding travel experiences to corporate organisations, independent travellers, and business executives”. “The company’s dedication to excellence, expertise, and personalised service has earned it a reputation as Nigeria’s leading…

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