Aviation

      Aircraft lease rental may triple       Lessor may blacklist country’s airlines There are indications that two Nigerian carriers (names withheld) have refused aircraft lessors to re-possess their aircraft after defaulting in lease payment for the equipment, thereby violating the Cape Town Convention agreement, which Nigeria is a signatory. The two carriers have inexplicably gone to court to seek injunction stopping the aircraft owners from taking their airplanes. This, however, stakeholders said, would have a…

Asset Management Corporation of Nigeria (AMCON), in a bid to rejig its asset sales strategy and facilitate speedy disposals, has restructured its processes from within in anticipation of better outcomes in its asset resolution operations.  This is coming as the agency recorded total recoveries of N731 billion (excluding claw backs). From inception in 2010 to December 2017, out of this amount, properties accounted for approximately 35 per cent.  On the flip side, the corporation noticed an increasing…

A total of six helicopters for Swiss Air-Rescue  Airbus Helicopters has delivered the first two of a total of six H145 helicopters to Swiss Air-Rescue, Rega. These will replace Rega’s existing fleet of EC145 helicopters, which will be phased out by mid-2019. The first H145 helicopter is expected to be deployed at the Bern base in October.  Over a period of 15 years, the six EC145s have proven themselves to be reliable and versatile rescue helicopters,…

 Second leading cause of plane crashes globally  CITA presents findings to IATA A pioneering local study on microbial contamination of aviation fuel and its handling system in tropical Africa has gained the buy-in of the international aviation community, with foreign firms set to support further studies.   The international support is aimed at further development of local expertise and infrastructure to measure, analyse and create remedial standards for microbial contamination of aviation fuel.   CITA…

 The revenue collection of the Nigeria Civil Aviation Authority (NCAA) has received  a boost as one of the major Nigerian carriers, Arik Air joins the automation platform of the agency. Statistics from the NCAA show that airlines already on its automation platform include, Medview, Overland, Aero, Dana.The platform is meant to deduct at source the 5% Ticket and Cargo Sales Charges (TSC) accruing to the NCAA. Airlines have severally disputed debts owed to different aviation…

Deciding where to travel to for that long-anticipated summer holiday can feel daunting.  In considering destinations and the right time to go, it is also important to your baggage arrangements right. British Airways offers first-rate baggage allowances that are ideal for the summer vacation. First Class customers will be able to travel with three pieces of luggage of 32kgs each, Club World customers will be able to travel with two pieces of luggage of 32kgs…

The Federal Airports Authority of Nigeria (FAAN) has raised security alert at the major airports and all other airports across the country. Although, security is at alert at the airports particularly those in Lagos and Abuja, it seems to have been raised higher. A visit to the Lagos airport yesterday by New Telegraph saw security positioned at strategic area of the airport with usual screening of persons into the facility. Spokeswoman for FAAN, Mrs. Henrietta…

While aircraft insurance premium has marginally reduced as a result of safety record, other factors have made it to be on the high side, which has made airline operations cumbersome. WOLE SHADARE writes Good safety record Nigeria and global aviation industry has continued to enjoy good record when it comes to accident; an indication that the Nigerian Civil Aviation Authority (NCAA) has lived up to expectation despite many challenges confronting the regulatory body and the entire aviation…

The Jigawa State government has dismissed the notion that the establishment of the Dutse International airport is a wasteful venture, declaring that contrary to this, that the existence of the airport had brought development and helped in decongesting the Malam Aminu Kano International Airport during the annual hajj exercise which has also given Borno and Yobe States alternatives during the insurgency of Boko Haram.  Though at present, commercial flight operations into the airport is zero…

…puts total earnings at N605bn   The N505.2 billion of tickets reportedly sold by both foreign and domestic carriers for 2017 has been disputed by an aviation expert who insisted that the total tickets sold should not be less than N600 billion. Aviation consultant and former Commandant, Murtala Muhammed Airport, Lagos, Group Capt. John Ojikutu (Rtd), described it as ‘another contradiction similar to the reports of 2014 and 2015.” “A stable forex regime, effective implementation…