Airbus forecasts $4.6 trillion worldwide market for commercial aircraft services next 20 years

Airbus forecasts $4.6 trillion worldwide market for commercial aircraft services next 20 years

 Airbus’ new Global Services Forecast predicts a $4.6 trillion worldwide market for commercial aircraft services from 2018 to 2037.   The new analysis is based on three-way market segmentation, respectively focusing on the aircraft, the airline operation, and the passenger experience.   Aircraft-focused lifecycle services represent the largest segment of growth and include maintenance, spares pool access, tooling, technical training and system upgrades – which are needed to keep the airlines aircraft flying.   This…

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As Nigeria is seen among fastest growing aviation…

As Nigeria is seen among fastest growing aviation…

It is an exciting time once again for Nigeria, as the country remains a major force in aviation regionally and in Africa. For this to be sustained, the country needs to right the wrongs. WOLE SHADARE writes The projection It has been projected by the International Air Transport Association (IATA) that Nigeria would rank among eight fastest growing markets by 2034, just as the country remains a major force due to her population on the continent and…

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AIB bags most innovative aviation agency award

AIB bags most innovative aviation agency award

The Association of Foreign Airlines Representatives in Nigeria (AFARN) has honoured the Accident Investigation Bureau (AIB) with the award as the Most Innovative Aviation Agency. The award was conferred on the at a summit and award ceremony held recently at the Sheraton Hotels and Suites in Lagos. It is the latest in the series of awards which AIB has received from aviation sub-sector stakeholders for its performance in aircraft accident and incident investigation. Receiving the…

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Sichuan Airlines orders 10 Airbus A350 XWB

Sichuan Airlines orders 10 Airbus A350 XWB

Airbus confirmed at the Farnborough Airshow a deal agreed earlier in 2018 that Sichuan Airlines, based in the Southwestern Chinese city of Chengdu, has selected the A350 XWB to become the latest aircraft in its fleet.  Sichuan Airlines operates the largest all-Airbus fleet in China with over 130 Airbus family aircraft. In addition to its domestic network, Sichuan Airlines now operates on over 30 international routes, including routes from Chengdu to Moscow, Sidney, Dubai and…

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Fleet rationalisation as airlines’ competitive edge

Fleet rationalisation as airlines’ competitive edge

The Nigerian aviation industry, faced with falling revenues and high fuel costs, will have to seriously deal with over-capacity on certain routes. Doing this will determine how they rationalise their fleet. WOLE SHADARE writes Over-capacity Over-capacity on certain routes, coupled with intense competition, has resulted in falling revenues. At the same time, there is an unusual rise in fuel prices. The two are pressing the airlines from both sides. Over-capacity on most of the Nigerian routes, particularly…

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Disruptive Nigerian passenger forced to reimburse Delta for emergency landing

Disruptive Nigerian passenger forced to reimburse Delta for emergency landing

Before causing a disruption on a flight, remember that there could be a hefty price to pay. Delta Air Lines passenger Bolutife Olorunda was screaming and acting erratically recently on a flight, at which point he was approached by a flight attendant, according to court documents. Olorunda verbally threatened the flight attendant by saying: “Don’t touch me and if you touch me again you will regret it. Among the 178 people onboard the Boeing 737…

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Varsity, AIB sign pact on metallurgical laboratory

Varsity, AIB sign pact on metallurgical laboratory

The University of Lagos and the Accident Investigation Bureau (AIB) have signed a Memorandum of Understanding (MoU) on the usage of the bureau’s $5.8 million metallurgical laboratory at the Nnamdi Azikiwe International Airport, Abuja. The agreement was signed by both parties at the University of Lagos Senate Building. The Commissioner of AIB, Akin Olateru, an aircraft engineer, at the signing ceremony that was witnessed by the Vice-Chancellor of the University, Professor Oluwatoyin Ogundipe and his management team…

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Airbus to showcase products, services at Farnborough Airshow 2018

Airbus to showcase products, services at Farnborough Airshow 2018

Airbus SE will present a broad portfolio of innovative products and services at the Farnborough International Airshow 2018 that meet the aerospace industry’s requirements for today and tomorrow.  In the flying and static displays, Airbus will showcase its modern and highly efficient range of commercial aircraft able to seat between 100 and more than 600 passengers.  The static display will feature two A220-300s (a test aircraft and an airBaltic aircraft), which, along with the smaller A220-100, represent the newest members…

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FG to revive ‘abandoned’ N3 billion airfield lighting

FG to revive ‘abandoned’ N3 billion airfield lighting

Ten years faulty taxi-way to get attention Airlines lose over N20B yearly The N3 billion contractual agreements that stalled the installation of very important airfield lighting at 1/8 Left runway of the Murtala Muhammed Airport, Lagos would be resolved according to the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Saleh Dunoma. The Lagos airport has two runways. The 1/8 Right runway is dedicated to international airline operations because of the length and…

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Airbus introduces the A220-100 and A220-300

Airbus introduces the A220-100 and A220-300

Québec-born aircraft join the Airbus family    Airbus has revealed the A220 at a ceremony held at its Henri-Ziegler Delivery Centre, near Toulouse. Witnessed by Airbus employees and members of the global news media, the A220-300 landed directly from the painting at 12:25 am CEST wearing its new Airbus name and colours.  The A220 family comprises two models, the A220-100 and A220-300, formerly Bombardier Inc.’s C Series (CS100 and CS300).    The aircraft are fully optimized for the 100 to…

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