African carriers’ freight demand up by 12.7%-IATA

African carriers’ freight demand up by 12.7%-IATA

*Ethiopian Airlines long haul expansion boosts capacity African carriers saw the fastest rate in nearly two years for freight demand which increased by 12.7 per cent in September 2016 compared to the same month last year Capacity surged year-on-year by 34 per cent on the back of long-haul expansion in particular by Ethiopian Airlines and North African carriers, according to the International Air Transport Association (IATA). In a data released for global air freight markets…

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Why Airlines Won’t Get New Bailout Funds

Why Airlines Won’t Get New Bailout Funds

There are indications that the Federal Government is not disposed to assisting Nigerian carriers through another round of bail out, as pressure mounts on government to do so. Woleshadarenews learnt that the airlines under the aegis of Airline Operators of Nigeria (AON) had written many petitions to government to consider fresh bail out for them, which it has turned down with condition that they would be subjected to periodic financial audit of their books at…

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Foreign Airlines’ Exit: Opening For Nigerian Carriers

Foreign Airlines’ Exit: Opening For Nigerian Carriers

  While Foreign Carriers Are Withdrawing Their Services, Nigerian Airlines Should See It As An Opportunity To Win Back The Market But They Lack The Wherewithal To Do So. WOLE SHADARE Reports Awaited opportunity In a normal situation, the exit of foreign airlines from Nigeria should have been welcomed with so much joy because the scaling down of international carriers’ operations or stoppage of service to the country or some routes in Nigeria should have…

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Arik’s over $8 million trapped in Angola, Sierra Leone

Arik’s over $8 million trapped in Angola, Sierra Leone

*Carrier unfolds expansion plans at 10th anniversary   *Airlifts 19.5 million pax in 10 years   Nigeria’s flag carrier airline, Arik said it has deployed diplomatic option to get its trapped $4.5 million of its funds trapped in Luanda, Angola just as there are indications that the carrier also has almost the same amount of money trapped in Sierra Leone. Chairman of Arik Air, Sir Joseph Arumemi-Ikhide made the disclosure woleshadare.net on the side-lines of a…

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Constraints To Foreign Airlines’ Operations In Nigeria, By Turkish Airlines

Constraints To Foreign Airlines’ Operations In Nigeria, By Turkish Airlines

The difficulty in getting flight rights, devaluation of the naira and foreign issues are some of the major factors inhibiting the operations of airlines in Nigeria – especially the foreign carriers, Country Manager for Turkish Airlines in Nigeria, Tarkan Ince, has said Ince, who spoke with WoleshadareNews in Lagos, noted that foreign exchange problem experienced by many foreign carriers operating to Nigeria is causing huge problems to airlines. Converting naira to US dollar and transferring…

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Arik affirms strong partnership with Emirates Airlines

Arik affirms strong partnership with Emirates Airlines

Nigerian’s flag carrier airline, Arik has re-affirmed its partnership with Emirates Airline in view of their recent decision to suspend their Abuja service. Emirates last week disclosed of its plans to stop services to Abuja following issues related to trapped funds and other sundry issues that have seriously impacted its operations. Early this year, the carrier took a far reaching decision  to stop its second air services to Lagos, citing same issue. The airline now…

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Emirates Aviation University introduces new Executive MBA Programme

Emirates Aviation University introduces new Executive MBA Programme

 Emirates Aviation University has announced today the introduction of a new Executive MBA Programme in Aviation Management in collaboration with Coventry University in the UK. The specialised programme will begin in January 2017 and applications will now be accepted on EAU’s website. The Executive MBA curriculum was designed for students who plan to pursue a career in aviation management or want to transition from an operational role into a general management role. Professionals enrolled in…

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How anticipated weather pattern could affect air, road transportation-NIMET

How anticipated weather pattern could affect air, road transportation-NIMET

The Nigerian Meteorolgical Agency (NIMET) has advised citizenry, especially rural dwellers resident in north and central parts of the country  to avoid prolonged exposure to direct sunlight and stay in cool and ventilated environment as a result of increase in temperature.   The agency stated that the increase in temperatures would result in deterioration in human comfort leading to dehydration and heat stress. It also disclosed that incidences of meningitis epidemics are also likely.   The…

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Fire outbreak causes panic at Lagos Airport

Fire outbreak causes panic at Lagos Airport

A major fire outbreak was today averted at the Murtala Mohammed International Airport (MMIA), Lagos.   The fire incident, which occurred at about noon emanated from the avio-bridge E-54 at the terminal.   It took the timely intervention of the fire fighters of the Federal Airports Authority of Nigeria, FAAN, for the fire and the smoke, which envelope the entire environment to be put off.   The reason for the fire incident remained unknown as…

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