Aviation Archives - Page 27 of 348

African airlines demand up by 10.1% in Aug

Posted on October 3, 2024 by Wole Shadare

The International Air Transport Association (IATA) released data for August 2024 global passenger demand with African carriers seeing demands rise by 10.1% year-on-year increase in demand. Capacity was up 7.3% year-on-year. The load factor rose to 77.8% (+2.0ppt compared to August 2023). Total demand, measured in revenue passenger kilometres (RPK), was up 8.6% compared to August 2023. Total capacity, measured in available seat kilometres (ASK), was up 6.5% year-on-year. The August load factor was 86.2%…

Minister unfolds new Nigeria-UAE BASA deal

Posted on October 2, 2024 by Wole Shadare

Nigerian carriers to operate to choice airports in UAE Emirates exits left void on lucrative route, high fares The era where Nigerian carriers are denied choice destinations in line with the Bilateral Air Services Agreement may be over as the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo unfolded details of the new air pact between Nigeria and the United Arab Emirates (UAE). The Minister who spoke to journalists Wednesday evening at…

Emirates continues stranglehold on Lagos route, Air Peace mum on service re-launch

Posted on October 1, 2024October 1, 2024 by Wole Shadare

While Emirates Airlines begins flights to Nigeria on October 1, two years after it ceased services to Nigeria over trapped funds and other issues, there are indications that the air traffic imbalance between Nigeria and the United Arab Emirates (UAE) may continue on the lucrative Nigeria-Dubai route, at least for now and probably long after Emirates may have started flights to Lagos. For many years, Emirates had enjoyed a ‘monopoly’ on the route while Nigerian…

Nigeria, UAE renegotiate air ties

Posted on September 29, 2024 by Wole Shadare

The Nigerian government has concluded negotiations with the United Arab Emirates (UAE) to pave the way for the resumption of Emirates Airlines’ flight operations to Nigeria on October 1. The agreement marks a significant milestone in the development of aviation ties between the two nations. The Minister of Aviation and Aerospace Development, Festus Keyamo, led a technical team in constructive discussions with UAE aviation authorities to ensure a smooth reintroduction of Emirates Airlines into the…

Nigeria to shift foreign traffic imbalance to domestic carriers

Posted on September 23, 2024September 23, 2024 by Wole Shadare

The Minister of Aviation and Aerospace Development, Festus Keyamo said Nigeria is committed to expanding local airline capacity, aiming to shift the air traffic imbalance from foreign carriers to domestic operators. He disclosed this recently at the International Route Development Conference, Network Cargo 2024, in Moscow, Russia. The Minister stated that the nation’s aviation sector has significant untapped potential, which the government is determined to develop. He emphasised that most international traffic originating from Nigeria…

Nigeria global aviation rating rises to 70.5% after CTC practice direction compliance

Posted on September 18, 2024September 18, 2024 by Wole Shadare

Last week, the signing of the Cape Town Convention Practice Direction by the Federal Government shot up the country’s image from 49 per cent to 70.5 per cent by the global aviation sector. In a swift response to Nigeria’s bold attempt to fully comply with the Cape Town Convention on dry-leasing of aircraft by preparing and signing the Practice Direction, the Aviation Working Group (Co-chaired by Boeing and Airbus) on Wednesday swiftly adjusted the global…

Airlines battle low patronage amid soaring airfares

Posted on September 17, 2024 by Wole Shadare

The high cost of airfares is driving many intending travellers to opt for road travel. Air traffic seems to have taken a dip as most Nigerians can no longer air travel. The average airfare for an hour trip from Abuja to Lagos instance is as high as N150,000 and N200,000 for a one-way ticket depending on the time of purchase. It could be slightly lower if tickets are bought about a month before the intended…

Airbus shores up foothold in Africa, opens customers’ support centre in J’burg

Posted on September 16, 2024 by Wole Shadare

The recent Airbus global market forecast that predicts that commercial demand for the African continent will reach 1460 passenger and freight aircraft by 2043, comprising 1210 single-aisle aircraft and 250 wide-body aircraft has made the aircraft giant strengthen its presence in the continent. Additionally, Airbus’ Global Services Forecast estimates that Africa will need to introduce 15 000 additional pilots, 20 000 mechanics to meet the surge in air travel demand. The aircraft maker announced the…

Forex scarcity forces operators to ‘cannibalise’ disused airplanes as carriers face existential threat

Posted on September 16, 2024September 16, 2024 by Wole Shadare

Why 60% aircraft on offshore maintenance can’t return, Operators deplore spare price gouging, scarcity, travellers lament The lack of foreign exchange for airlines to bring back their aeroplanes from maintenance overseas has put enormous pressure on the operators. Some have resorted to ‘cannibalising’ by using some parts of their unserviceable aircraft for the ones in use. Lying on the apron across many of the country’s airports are aircraft without engines and other parts which…

Aviation agencies’ 50% revenue deduction hampering air safety-say controllers

Posted on September 14, 2024September 14, 2024 by Wole Shadare

NATCA to join strike, shut down sector on Sept 18 Air Traffic Controllers under the aegis of Nigeria Air Traffic Controllers Association (NATCA) has demanded immediate exemption of the aviation agencies from 50%Internally Generated Revenue (IGR) deduction from source by the Federal Government. The group further stated that the action of the government is posing a huge threat to aviation and airspace safety. Drawing attention to how the policy is severely undermining the safety…

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