Aviation

 Newrest ASL Nigeria Plc (formerly Airline Services and Logistics Plc) has continued to post dismal performance following fluctuating unfriendly operating environment.CHRIS UGWU writes After deregulation of airline services industry in Nigeria, the sector has witnessed a new era of growth and advancement. The deregulation regime offered an increased interest and investment in the dormant Nigerian aviation industry as more airlines entered the market. The services offered witnessed a turnaround as market-driven innovations came to bear to…

…set to release four reports The Accident Investigation Bureau (AIB) has developed a new App that would help it enhance accident investigation and one that could help report incidence/ accidents wherever and whenever they occur. This Application, termed, “I Report”, meaning that travellers can from wherever they are post pictures, videos and text messages of very unpleasant incidents that could assist the investigators to have first-hand information on how incident or accident occurred before the…

The International Air Transport Association (IATA) and the African Development Bank (AfDB) have signed a memorandum of understanding (MoU) to establish a framework for collaboration to boost the aviation sector in Africa.   The MoU was signed on the sidelines of the International Civil Aviation Organization World Aviation Forum – Financing the Development of Aviation Infrastructure – in Abuja, Nigeria by IATA’s Director General and Chief Executive Officer, Alexandre de Juniac, and African Development Bank…

“Together, let’s open up the skies of Africa, and together let’s integrate Africa. By so doing, we will build stronger and more resilient economies.” – Akinwumi Adesina, President of the African Development Bank The African Development Bank (AfDB) has called on African countries to implement the 1990 Yamoussoukro agreement for open skies. While 20 countries have signed on, the 27-year old accord still faces implementation challenges, Akinwumi Adesina, President of the AfDB said Tuesday at the opening…

  Etihad Airways’ flights to and from Switzerland will become an all-Boeing 787 Dreamliner operation with the aircraft being deployed on the Abu Dhabi – Geneva route, effective 25 March 2018.   The Dreamliner flights to Geneva will complement the airline’s existing 787 Dreamliner scheduled services connecting Abu Dhabi and Zurich, becoming the fifth European city to be served by the carrier’s rapidly growing fleet of next generation aircraft.   Etihad Airways currently operates daily flights…

  The African Development Bank (AfDB) is partnering with the Nigerian government, the African Union Commission (AUC), and the New Partnership for Africa’s Development (NEPAD) Agency to co-host the third ICAO World Aviation Forum from November 20-22 in Abuja, Nigeria. The Forum on the theme, ‘Financing the Development of Aviation Infrastructure’ will build on the outcomes of the previous events held in Montréal in 2015 and 2016. The third ICAO World Aviation Forum (IWAF/3) brings together high-level government officials responsible…

   ●Experts fault statistics The financial statement released by Medview Airlines for its 2015/2016 and the third quarter report for 2016/2017 on gross earnings approved by the Nigerian Civil Aviation Authority (NCAA) has exposed the under-declared earnings of airlines operating in Nigeria, Woleshadarenews has learnt. Med-View Airline Plc had reported that it posted a profit after tax of N1.197 billion for the third quarter ended September 30, 2017. The airline, in a filing with the…

23 out of 54 states sign up for full YD implementation Berthé now new AFRAA scribe Africa’s apex airline body, African Airline Association (AFRAA) has called on African Governments and stakeholders to enable airlines to improve intra-Africa connectivity by unlocking the barriers to connectivity. The 23 States that have signed up for the full implementation of the Yamoussoukro Decision towards the Single African Air Transport market were urged to follow through on their commitment in…

A total of $4.4 billion accrued to Nigeria in air transport sector in 2016 A private sector infrastructure investment in Nigeria’s aviation sector is envisaged to rise to 48 per cent next year from the current 46 per cent, a former Managing Director of the Federal Airports Authority of Nigeria (FAAN), Richard Aisuebeogun, has said. He said this in a paper he presented, which was sent to Woleshadare.net. Nigeria, he said, requires huge financial resources to be…

  First carrier in Africa to purchase latest fuel-efficient wide-body airplane   Air Sénégal, the national carrier of Senegal has signed a Memorandum of Understanding (MoU) for two A330neo aircraft, which is the new re-engined version of the best-selling A330 widebody airliner.   The A330neo will benefit the airline’s growth and business expansion in the future. The agreement makes Air Sénégal the first airline in Africa to select the A330neo.   The agreement was announced…