Aviation

·        Int’l airlines enjoy 90% market shares  Amid multiple designation rows, foreign airlines’ frequency to Nigeria is increasing by the day, Woleshadarenews has learnt. In a data released by African Aviation Services Limited and made available to our correspondent, foreign airlines operate over 300 frequencies weekly into and out of Nigeria. Ethiopian Airlines has the highest entry points into Nigeria, which is five. Ethiopian and ASKY together operate 54 frequencies weekly into Nigeria. British Airways…

An empty Horizon Airlines plane has crashed after it was stolen by a ground employee from Seattle-Tacoma International Airport on Friday around 8 p.m., according to local authorities and a senior federal aviation source. North American Aerospace Defense Command scrambled fighter jets to accompany the plane, which was steered away from Seattle and Tacoma by air traffic control, on its hour-long flight, according to the source. The Pierce County Sheriff’s Department said the two F-15s…

Nigeria’s foremost ground-handling service provider, nahco aviance, continues its dominance of the sector as it announces a string of new business signings. The announcement came on the heels of the publication of a superlative 2018 Half year financial performance. The Company in a statement over the weekend disclosed that it had signed a series of new contracts with both local and international airlines.    The signings with local airlines includes Max Air which has since…

.. Set to commence operations    A new internationally licensed Maintenance Repair and Overhaul (MRO),  7 Star Global Hangar, owned and managed by Nigerians, will commence operations in the country next week, following the granting of a full license by the Nigerian Civil Aviation Authority in Lagos (NCAA)   According to Isaac Balami, Chief Executive Officer of 7 Star, the MRO is operations-ready to handle  Boeing 737 Fleets. 7 Star will also stock a comprehensive…

●Backs airport concession   Respected economist and Chief Executive Officer (CEO) of Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has joined other financial experts in criticizing the Federal Government’s plan to establish a national carrier for the country. Rewane made the criticism in his Lagos Business School (LBS) August presentation obtained by New Telegraph last weekend. Specifically, he argued that the expected profits from the national airline project would be insufficient to cover its…

The aviation landscape continues to change across the globe, but one thing has remained constant and that is the undeniable potential to develop new air connectivity across the vast African continent. WOLE SHADARE writes Weakness   While Africa has one of the biggest populations in the world with about a billion people, its aviation industry is considered small, weak and fragmented, representing only about five per cent of the global market. The continent is rich…

The Nigerian Civil Aviation Authority (NCAA) has commenced a full scale investigation into the wanton security breach that occurred on Friday, 3rd August, 2018, at the Sultan Abubakar Sadiq 111 Airport, Sokoto. The authority disclosed that it was in receipt of reports of a huge crowd that flagrantly broke all security rules and gained unauthorised access to the safety critical areas of the airport. These include runway, taxiway and apron. A former governor of Sokoto…

As the summer travels season kicks into high gear, Peacock Travels Limited, in collaboration with some of the world’s leading airlines, has announced a package of promotional fares and incentives to ensure hassle-free travels. The heavily discounted fares, some as low as N319, 999 for return trips, have been carefully selected to cover a wide range of routes such as London, New York, Houston, Washington, Istanbul and Dubai – all very popular with Nigerian travellers….