Aviation Archives - Page 31 of 347

How foreign airlines lost over 50% trapped funds to Africa’s currency devaluation

Posted on June 5, 2024 by Wole Shadare

….Continent’s carriers worst hit, says IATA Nigeria and other African countries may have been given a clean bill of health over the payment of foreign airlines’ trapped fund, but the International Air Transport Association (IATA) said only about 50% per cent of the entire value of its fund was lost to the devaluation of currencies of most African nations since 2022 when these funds started piling up. IATA’s Regional Vice-President of Africa and Middle…

Nigerian airspace remains open, says NAMA

Posted on June 4, 2024 by Wole Shadare

The Nigerian Airspace Management Agency (NAMA) has alerted users that the country’s airspace is open to flight operations even in the face of the Nigerian Labour Congress’s (NLC) ongoing strike action to press home for higher minimum wage for workers. Director of Public Affairs and Consumer Protection of NAMA, Abdullahi Musa in a statement said the ongoing strike has not in any way affected the operations of the agency. He disclosed that contingency…

‘Our major plan is to fix decaying airport infrastructure, masterplan’

Posted on June 3, 2024June 3, 2024 by Wole Shadare

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku said the immediate plans of the agency is to start with minor modifications and maintenance policies of many of the decaying airports’ infrastructure. These immediate plans according to her involve things like lighting in the airports, and resuscitation of the airport cooling system to start working immediately noting that the inheritance of decaying infrastructure by the President Tinubu administration should not…

IATA lauds Nigeria for clearing foreign airlines’ over $700 million blocked funds

Posted on June 2, 2024 by Wole Shadare

…$19 million due to CBN on-going verification-Walsh Wole Shadare, Dubai, UAE The International Air Transport Association (IATA) said Nigeria has cleared 98 per cent of foreign airlines’ blocked funds, disclosing that the remaining two per cent of funds amounting to $19 million yet to be cleared is due to the Central Bank’s ongoing verification of outstanding forward claims filed by the commercial banks. It noted that as of April 2024, 98% of these funds have…

61 Abuja-bound passengers ‘stranded’ in Chad over Air France’s plane technical fault

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

…. To airlift travellers on Monday, Minister charges CPD to engage carrier The Nigerian Civil Aviation Authority (NCAA) was in a series of discussions with Air France on how to speedily bring back 52 passengers to Abuja from Chad. The Air France aircraft was said to be heading to the Nnamdi Azikiwe International Airport, Abuja when it had a technical problem and diverted to Chad following a fault the crew noticed. Director of Public…

Why FG suspended $300 helicopter levy for review

Posted on May 31, 2024 by Wole Shadare

Federal Government has offered clarifications on the suspension in the collection of helicopter landing levy granted to its concessionaire: saying the enforcement of the project was temporarily halted to address pressing concerns raised by industry players. In a document sighted by the media titled :” Aviation Industry Update : Clearing the Air on Helicopter Landing Levies Collection “, it affirmed that recent reports concerning the project seem to have sparked confusion among aviation industry stakeholders…

Bernard: My journey into the travel business world

Posted on May 28, 2024 by Wole Shadare

Bankole Bernard, the Group Managing Director (GMD) of Finchglow Holdings is an unassuming personality and one who ventured into the travel industry to not only change the narrative but to leave a lasting legacy for generations unborn. Bernard was so passionate about the aviation and travel sector that he left a lucrative banking job to take a plunge into an unfamiliar terrain which has seen his little beginning transform into a conglomerate of monumental proportions….

Turkish Airlines, union spat festers, NUATE wants GM exit from Nigeria

Posted on May 27, 2024May 27, 2024 by Wole Shadare

…Carrier’s $6000 fraud allegation by seven Nigerians cooked The truce brokered by the Nigerian Civil Aviation Authority (NCAA) over the face-off between Turkish Airlines and unions in the aviation industry may have yielded no result as the National Union of Air Transport Employees (NUATE) has chided the General Manager of the airline, Lokman Balkan for the way he is handling the issue that saw the union picket the carrier last week In a statement issued on…

FG to provide E-gates for four major airports, exercise part of border control, safety, says Minister

Posted on May 25, 2024 by Wole Shadare

…NIS completes data centre, to begin passport home delivery …107, 000 yet to be picked up by applicants Minister of Interior, Olubunmi Tunji-Ojo on Friday inspected the User Acceptance Test (UAT) of the E-gate already installed at Terminal 2 of the Murtala Muhammed International Airport, Lagos which he said will be completed Monday next week. Also, the Minister disclosed that the four major airports across the country name The Lagos airport is the second…

Emirates: Stakeholders predict major shift in Nigerian market dynamics

Posted on May 23, 2024 by Wole Shadare

…Seek urgent resolution on Dubai visa The announcement last week of Emirates Airlines’ resumption to the Nigerian market 18 months after it exited as a result of a diplomatic face-off between Nigeria and the United Arab Emirates (UAE) may have sent jitters down the spines of other carriers that filled the void created by the carrier’s exit. While announcing Emirates flight resumption last week, Adnan Kazim, Emirates’ Deputy President and Chief Commercial Officer said, “We…

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