Virgin Atlantic selects A350 as its future flagship

Virgin Atlantic selects A350 as its future flagship

*12 A350-1000s to become a key part of both leisure and mainline fleets UK flag carrier airline, Virgin Atlantic Airways has selected the A350-1000, the largest member of the A350 Family, to become the latest aircraft in its fleet, operating from both London Heathrow and Gatwick airports.  The airline is purchasing eight A350-1000s for deliveries commencing in 2019, and four new aircraft on long term leases from ALC from 2020, including a lease “option” for…

Read More

Airbus to supply 33,000 planes valued at $5 trillion in 20 years

Airbus to supply  33,000  planes valued at  $5 trillion in 20 years

  *Over 500,000 new pilots required   Aircraft maker, Airbus in its Global Market Forecast said that in the next 20 years (2016-2035), passenger traffic will grow at an average 4.5 per cent a year, driving a need for over 33,000 new aircraft above 100 seats (32,425 passenger and 645 freighters greater than 10 tonnes) worth $5.2 trillion. By 2035, the world’s aircraft fleet will have doubled from today’s 19,500 aircraft to almost 40,000. Some…

Read More

NCAA denies authorising raise in fares by airlines

NCAA denies authorising raise in fares by airlines

*Air fares, charges product of deregulated market *Carriers rethink strategy The Nigerian Civil Aviation Authority (NCAA) said it did not authorise airlines to increase air fares, just as the aviation regulatory body said air fares, add-ons, charges, tariffs and terms and condition of service are fully liberalised.   According to spokesman for NCAA, Sam Adurogboye, air fares and sundry charges have been statutorily deregulated and subjected to market forces. While foreign airlines had raised air…

Read More

Senator’s orderly accidentally opens fire on persons at Lagos airport

Senator’s orderly accidentally opens fire on persons at Lagos airport

Two persons were injured today at the General Aviation Terminal of the Murtala Muhammed International Airport, Lagos when a man, identified as an orderly of a Senator wanted to remove the magazine of his gun and there was accidental discharge that left him and a woman injured. The orderly who was to travel on Arik Air and wanted to lodge his gun, which is a standard practice on air travel, but the gun released a…

Read More

Delta resumes services to Havana after 55 years of US-Cuba ‘war’

Delta resumes services to Havana after 55 years of US-Cuba ‘war’

Fifty five years after direct flights from the United States to Havana, Cuba was embargoed as a result of political instability between US and Cuba, Delta Air Lines has concluded arrangement to resume flight services to Havana.   The carrier said it would service this route from New York-JFK, Atlanta and Miami. The disclosure was made by the U.S. Department of Transportation (DOT). This is coming as the American carrier lauded the DOT for awarding the airline…

Read More

White elephant airports

White elephant airports

All over the world, airports are regarded as economic and social infrastructure and expected to be catalyst for accelerated development of the areas they are sited. But in Nigeria, the reverse is the case. Aerodrome construction, more less, serves as conduit pipe for siphoning money, writes WOLE SHADARE The rate at which states are embarking on airport projects makes one to think that there is more to building airports than meets the eye. In the…

Read More

Ethiopian Airlines, others propel Africa’s strong growth rate by 9.5%

Ethiopian Airlines, others propel Africa’s strong growth rate by 9.5%

  African airlines’ traffic rose by 9.5 per cent, continuing the trend of strong growth that is linked to the expansion of long-haul networks by the region’s carriers, particularly Ethiopian Airlines. Capacity rose 10.4 per cent, and load factor slipped 0.5 percentage points to 64.5 per cent. The disclosure was made by the International Air Transport Association (IATA) adding that global passenger traffic results overall for May shows that demand (measured in revenue passenger kilometers,…

Read More

Nigeria risks low passenger traffic for 2016

Nigeria risks low passenger traffic for 2016

*Aviation contribution to GDP may drop to 2% *More airlines offer zero commission to travel agencies Nigeria is at the risk of declined air traffic following the withdrawal of airlines and the cut down of capacity on the lucrative Nigerian routes by foreign airlines. The implication of this situation is that the revenue expected to go to agencies like the Federal Airports Authority of Nigeria (FAAN), the Nigerian Civil Aviation Authority (NCAA) and the Nigerian…

Read More

For Aviation, It’s Slow Path

For Aviation, It’s Slow Path

The aviation industry in Nigeria is not immune from the recession that has hit airlines globally. WOLE SHADARE writes on other issues that shaped the second quarter of 2016 The aviation sector in the last quarter was on a slow path. It was a mixed grill for a sector that is globally hit by recession. For Nigerian airlines, they are very much faced with hard times, leading to the cutting down of routes, especially on…

Read More

Foreign Airlines Seek Fresh Forex Window

Foreign Airlines Seek Fresh Forex Window

Want Bills To Agencies Settled In Naira Foreign airlines operating in Nigeria are seeking a fresh window for stable foreign exchange rate to ease their operations, woleshadare.net gathered. Besides, they said the new forex opening would help to stem the astronomical rise in prices of air ticket. According to three of the major airlines that spoke with our correspondent, the airlines wanted a stable exchange rate for their carriers, stressing that the flexible exchange rate…

Read More
1 326 327 328 329 330 346