Wole Shadare, Author at Aviation metric

IATA to Offer Digital Currencies in Financial Settlement Systems

Posted on October 29, 2024 by Wole Shadare

The International Air Transport Association (IATA) announced that it will offer digital currencies in the financial settlement systems it operates for the aviation industry. “Digitalization impacts many aspects of our daily lives, including the currency we use. With the increasing use of digital currencies, IATA’s industry financial settlement systems must adapt to support the needs of those using our services,” said Muhammad Albakri, IATA’s Senior Vice President for Financial Settlement and Distribution Services. The first…

Transport costs: Nigerians appeal for FG’s intervention as airfares skyrockets

Posted on October 29, 2024 by Wole Shadare

…Fret over insecurity, poor state of roads, …Charges, fuel costs remain stable With the sorry state of roads nationwide and a lack of effective rail connections, Nigerians’ are left with no alternative but to travel by air. However, with airfares hitting the rooftop and hitting an all-time high of nearly N250,000 to some destinations for one-way tickets, it is now out of the reach of the average Nigerian as many have shunned air travel because…

Aviation ground handling firms to raise charges by over 300%

Posted on October 28, 2024 by Wole Shadare

N70, 000 for B737 no longer sustainable-AGHAN chairman There are indications that the two major aviation ground handling firms in Nigeria, the Nigerian Aviation Handling Company Plc (NAHCO) and the Skyway Aviation Handling Company (SAHCO) will review the ground handling charges for domestic airlines subject to approval by the Nigeria Civil Aviation Authority (NCAA). The worsening macroeconomic challenges in the country have forced ground-handling companies to propose new handling rates for airlines. Some of…

Nigeria reviews BASA, open skies for UAE, signs fifth freedom right

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

Etihad, fludubai, Wizz Air, Air Arabia, designated to Nigeria United Nigeria to join Air Peace on Dubai route Stakeholders decry new deal Nigeria has changed its agreement with the United Arab Emirates (UAE) from the Bilateral Air Services Agreement (BASA) to the Open Skies agreement tailored towards Nigeria’s agreement with the United States of America. The ‘open Skies’ deal allows countries to designate multiple airlines to each other’s territories and no any destinations they…

Nigeria, Ethiopia’s relations risk damage, says serving diplomat

Posted on October 25, 2024 by Wole Shadare

You‘re not saying the truth, Mgt consortium tells Keyamo, writes Tinubu Says Minister’ parades incorrect document about deal Deal approved by FEC, original document handed to Minister The Nigeria Air saga is not limited to the aviation sector alone, it may have ruffled diplomatic feathers between Nigeria and Ethiopia. A diplomat who spoke to Aviation Metric under the condition of anonymity said at the African Union summit in Addis Ababa early this year, the…

Three bodies recovered from helicopter crash at Bonny Finima

Posted on October 24, 2024 by Wole Shadare

The Nigerian Airspace Management Agency (NAMA) said three bodies have been recovered out of the eight souls that perished in a helicopter crash that occurred at the Bonny Finima on Thursday. The accident occurred at about 11:22 am on 24/10/24. The aircraft which departed Port Harcourt Airport Base to an oil rig had 8 persons on board with a fuel endurance of 0215 according to NAMA. NAMA’s Director of Public Affairs and Consumer Protection, Abdullahi Musa…

8 die as helicopter plunges into Atlantic Ocean, NSIB launches probe

Posted on October 24, 2024 by Wole Shadare

NAAPE calls for optimal operating environment for professionals, mourns Capt. Dukas The Nigerian Safety Investigation Bureau (NSIB) has commenced an investigation into the accident involving a Sikorsky SK76c helicopter with registration 5N-BQG, operated by Eastwind Aviation. The helicopter, carrying eight individuals – six passengers and two crew members – went down into the Atlantic Ocean near Bonny Finima, off the coast of Calabar, during a routine flight on Thursday, October 24, 2024, at approximately…

RwandAir Commits to Sustained Cargo Operations

Posted on October 24, 2024October 24, 2024 by Wole Shadare

RwandAir has committed to Cargo Agents in Nigeria to sustain its Cargo operations out of the country to build its market share in that space. The commitment was made during a recent Cargo Agents Workshop held at Presken Hotel, Airport Road, Ikeja, Lagos recently to get their feedback relating to the airline’s service delivery, address pressing concerns, and outline its plans to enhance cargo operations. The Airline’s Regional Manager, Mr. Dennis Rwiliriza disclosed that the…

Keyamo’s reappointment: Airline operators thank, laud Tinubu

Posted on October 24, 2024 by Wole Shadare

The Airline Operators of Nigeria (AON) has expressed their appreciation to President Bola Ahmed Tinubu, for the reappointment of Festus Keyamo as the Minister of Aviation and Aerospace Development. The AON President, Abdulmunaf Yunusa Sarina who disclosed this in a press statement said the decision reflects the president’s keen judgment and steadfast commitment to the growth and advancement of the aviation industry in Nigeria. Sarina explained that since his initial appointment, Keyamo has demonstrated…

Unclaimed baggage at MMA2 destroyed, offered to charity after six months, says COO

Posted on October 24, 2024 by Wole Shadare

Attributes skyrocketing fares to difficulties faced by airlines The Chief Operating Officer of Bi-Courtney Aviation Services Limited, Mr. Remi Jibodu said many of the unclaimed baggage at its Murtala Muhammed Airport 2 (MMA2) terminal are not auctioned at a particular cost to people. He said that unclaimed baggage is kept for six months for the owners to reclaim them, explaining that after six months, the baggage is either destroyed or the content of the…

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