Aviation

*Reported deal cancellation falls Boeing share bi 1 % Donald Trump’s Tuesday morning criticism of Boeing (BA) closely followed the publication of a story in which the aerospace giant’s CEO expressed concerns about the trade agenda Trump has backed. The Chicago Tribune published a column Tuesday morning which included Boeing CEO Dennis Muilenburg’s  recent comments arguing that free trade is a crucial part of the U.S. economy. Boeing has a lucrative jet business in China. Muilenburg expressed concerns about…

The head of LaMia Airlines — the charter carrier that was transporting Brazilian soccer team Chapecoense before their plane crashed in Colombia last week — has been apprehended by authorities, according to a Bolivian state media report. The team was on its way to play in the first leg of the Copa Sudamerica finals before the flight went down. More than 70 people were killed. Gustavo Vargas, the general manager of the airline, and two…

AS foreign exchange crisis bites harder, many businesses in the aviation sector are cutting costs to remain afloat.    With forecasts not showing a path to quick recovery, airlines, aviation agencies and many service providers are pruning their cost of doing business.   Aside the Nigerian Civil Aviation Authority (NCAA) that disclosed that it has saved over N2 billion to train workers locally, other service providers are equally reducing cost and cutting down on operations….

*Airlines in red, carriers not healthy In a bid to put an end to airlines indebtedness to aviation agencies arising from five per cent Ticket Sales Charge/ Cargo Sales (TSC/SCA), the  Federal Government has given  January 1, 2017 as the deadline for airlines operating in the country to automate their remittance / payment systems forthwith.   Spokesman for the Nigerian Civil Aviation Authority (NCAA), Sam Adurogboye in a statement said the automation system is being introduced…

 Aircraft giant, Airbus said firms made 15 booked orders for its single-aisle and wide-body jetliners in November while making 61 deliveries involving all members of its current-production product line: the A320 Family, A330, A350 XWB and A380.   It said the new business for Airbus’ single-aisle A320 Family was composed of three A320ceo and five A321ceo (Current Engine Option) aircraft for an unidentified customer; five A320ceo versions for Air Arabia – the Sharjah, United Arab Emirates-based…

Over the past three days, Arik Air has been using a smaller aircraft, a Boeing 737-800, to operate the Lagos-London Heathrow route due to maintenance on the wide-body A330-200 aircraft allocated on the route. One of the airline’s Airbus A330-200 aircraft had been hit by a handling company at John F Kennedy International Airport New York on Thursday, December 1, 2016 consequently triggering the B737-800 to be deployed on the Lagos-London route. In order to…

One of the Leading Cruise companies in the World the Royal Caribbean set a World record early November when it named and Launched the Biggest Cruise ship in the World. The Naming of the Harmony of the Seas at Fort Lauderdale in Florida was a milestone for the Cruise Company. To celebrate the Arrival of Harmony of the Seas Royal Caribbean arranged a historic meeting at Seas off the coast of Florida of the 3…

  *NAMA MD retires Jan 22, Usman, Saleh caught in retirement web *Directors, GMs’, others face exit      The Federal Government has concluded plans to effect a change in the leadership of three of the major aviation agencies. The agencies are the Nigerian Airspace Management Agency (NAMA), the Federal Airports Authority of Nigeria (FAAN) and the Nigerian Civil Aviation Authority (NCAA).   To be affected are Mr. Emmanuel Anyasi of NAMA, Saleh Dunoma of…

South African Airways (SAA), has taken delivery of its first of five new leased A330-300 wide-body jetliners, becoming Airbus’s first Southern African operator of the aircraft type. SAA’s A330-300 in configured in a comfortable two-class cabin layout with 46 seats in Business Class and 203 in Economy class seats.  The aircraft will introduce new levels of onboard comfort, including connectivity for SAA’s passengers and enhanced operating efficiencies for the airline. SAA has selected the latest…