Why insurance firms apply caution underwriting aviation risks, says NAICOM boss

Why insurance firms apply caution underwriting aviation risks, says NAICOM boss

…Says underwriters’ ‘ve capacity to cover sector risks The Commissioner for Insurance and the Chief Executive Officer of the National Insurance Commission (NAICOM), Olusegun Omosehin has said that the high capital-intensive nature of aviation has made insurance firms to be very careful with underwriting risks in the sector. Speaking at the 4th Chinet Avia Cargo Conference 2024 in Lagos, he said the situation makes every aviation risk pass through NAICOM for proper scrutiny. He however…

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Qatar enhances Business class menu to key destinations

Qatar enhances Business class menu to key destinations

Mega carrier, Qatar Airways has announced a further enhancement to its business class service by introducing caviar service on its menu offering. The Doha-based carrier is the only airline in the world to have won the Skytrax World’s Best Business class 11 times. The carrier announced further enhancement starting with 13 routes from  August 15, as caviar lovers can experience the luxurious service onboard Qatar Airways business class between Doha and Boston, Dallas, Hong Kong,…

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Aviation won’t survive without thriving airports, says Minister

Aviation won’t survive without thriving airports, says Minister

The Minister of Aviation and Aerospace Development, Festus Keyamo has expressed concern over the country’s airport infrastructure, adding that for airports to be viable, they must have the infrastructure to support current and future demand. He further stated that without thriving airports, there can be no thriving aviation industry, hinting that airport viability is not just a priority but a necessity for any ambitious aviation business. To buttress the minister’s assertion, the Managing Director of the…

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United Airlines Increases Nonstop Flights To Lagos From Washington D.C.

United Airlines Increases Nonstop Flights To Lagos From Washington D.C.

United Airlines has announced an increase in service between Lagos and Washington D.C. from three times weekly to daily flights between December 4, 2024 and 14 February 2025, reflecting a 133%year-over-year increase in seats for this period. This will be the first time United’s service between Lagos and Washington D.C. will operate daily and the flight continues to be the only night-time departure from Lagos to the U.S., enabling customers in Nigeria to benefit from…

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United Airlines announces leadership changes in Africa, Bola-Sadipe now country manager Nigeria, others

United Airlines announces  leadership changes in Africa, Bola-Sadipe now country manager Nigeria, others

…Sales leadership team aligned across Africa …New GM for J’burg, SA   United Airlines has announced key leadership changes across its team in Africa, reflecting the importance of this region within the airline’s international route network and its commitment to driving growth and innovation across the continent, alongside its joint venture and alliance partners. United is aligning its Sales Leadership Team across Africa, including South Africa, Nigeria, Ghana and Morocco, with the appointment of Amit…

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Ibom Air Receives Second A220-300

Ibom Air Receives Second A220-300

Ibom Air is delighted to announce the arrival of its second Airbus A220-300 aircraft, which arrived in Nigeria via Murtala Muhammed International Airport, Lagos, on August 10, 2024. The shareholder, the Akwa Ibom State Government, formally received the aircraft today, August 20th, 2024, at Victor Attah International Airport, Uyo, Akwa Ibom State. This acquisition aligns with Ibom Air’s strategic goal of rapidly increasing capacity and expanding its route network. The Airbus A220-300, celebrated for its…

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FAAN, committee to grow air cargo business in Nigeria

FAAN, committee to grow air cargo business in Nigeria

The Directorate of Cargo Development Services at the Federal Airports Authority of Nigeria (FAAN), Olalekan Thomas said the purpose of its establishment is to grow air cargo in Nigeria and subsequently contribute its fair share to the economy and move Nigeria’s position as part of the leading exporting nations in Africa. He stated this when the aviacargo committee stated this when its members paid a courtesy visit to the headquarters of the Nigerian Agricultural Quarantine…

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Fleet depletion, capacity cut, poor services put carriers on the brink

Fleet depletion, capacity cut, poor services put carriers on the brink

Airlines have reduced their flight service to many airports, thus selling fewer seats that do not meet the demand of travellers, hence relatively higher prices amid poor services threaten an industry that has potential for growth, writes, WOLE SHADARE Tough times, poor services Nigerian carriers are going through one of their toughest challenges in many years as airlines are grappling to stay afloat. The numbers are drying up. It points to one thing. The carriers are…

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BASL boosts cargo capacity with new cold storage facilities at MMA2

BASL boosts cargo capacity with new cold storage facilities at MMA2

  Bi-Courtney Aviation Services Limited (BASL) operator of Murtala Muhammed Airport 2 (MMA2) has invested massively in a 25-tonne cold storage facility at its terminal to boost air cargo capacity and offer seamless belly-cargo services. Unveiling the cold storage facilities at the weekend amid fanfare, the terminal operator came up with an innovation that is arguably the first of its kind by any airport terminal operator in Nigeria, repositioning its desire to continue to offer…

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NCAA digitalise to streamline operations

NCAA digitalise to streamline operations

The Nigeria Civil Aviation Authority (NCAA) has concluded plans to embark on a digital transformation to streamline its operations and enhance oversight.  The regulatory body is introducing digital platforms for processing approvals, licenses, renewals, and passenger complaints. Acting Director-General, Civil Aviation, Captain Chris Najomo, made this announcement at the launch of a training program for the new Consumer Protection Portal in Lagos. He emphasised that the portal will expedite complaint resolution and serve as a…

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