Qatar Airways reports $1.54 billion net profit, highest in its history

Qatar Airways reports $1.54 billion net profit, highest in its history

  Despite the pandemic-driven challenges, Qatar Airways expanded its network to 140 destinations with new routes and resumed flights to key destinations in Europe, Africa, the Middle East, and Asia. The Qatari flag carrier, Qatar Airways Group reported on Friday the highest net profit in its 25-year history, with $1.54 billion (QAR5.6 billion) registered during the fiscal year 2021-2022. Record growth The results mark a 200% upsurge above the airline’s highest annual profit, with a…

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Thirty-three passengers unhurt as Overland plane grounds to a halt at Lagos airport

Thirty-three passengers unhurt as Overland plane grounds to a halt at Lagos airport

  Thirty-three passengers onboard Overland Airways’ flight landed safely following a fire incident that started from one of the engines of the airplane. The incident occurred at about 8 pm on Wednesday when the aircraft from Ilorin to Lagos experienced a high turbine temperature on one of its engines but landed safely with all 33 passengers unhurt. The incident according to the airline occurred in the approach phase of the flight, stating that the crew…

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Three airlines risk extinction in few weeks- Operators

Three airlines risk extinction in few weeks- Operators

AON lament high charges, taxes     The combination of the high cost of aviation fuel otherwise known as Jet A1, over 37 charges by various agencies in the aviation industry, scarcity of foreign exchange, and the harsh operating environment could lead to the collapse of three Nigerian airlines in the next few weeks according to the chairman of Air Peace, Mr. Allen Onyema. Onyema however did not disclose the name of the three carriers…

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Capital flight: Nigeria spent $2.5b on overseas aircraft repairs in 2021

Capital flight: Nigeria spent $2.5b on overseas aircraft repairs in 2021

  The lack of functional aircraft maintenance facilities otherwise known as Maintenance Repair Overhaul (MRO) cost Nigeria $2.5 bil­lion (about N1.25 trillion) in 2021 in MRO investments in neighboring countries like Ethiopia,  Morocco, Egypt, United Arab Emirates, South Africa, and other nations with advanced maintenance facilities. This revelation was made on Tuesday by the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Capt. Rabiu Yadudu at the first-ever National Aviation Conference holding in…

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Comair collapse: Beyond rescue

Comair collapse: Beyond rescue

Comair, the airline that flew in British Airways colours in southern Africa will never fly again in Africa. The signs that the airline was at the closing stages of operations were imminent. They were pressed down by regulatory and financial issues. Top members of the airline for two years tried to save the carrier by seeking to secure funding but they were unable to do so-had no option to lodge the application. It is an…

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Boost as Nigeria Air gets Air Transport License

Boost as Nigeria Air gets Air Transport License

The quest for Nigeria to float a new national airline, Nigeria Air received a boost as the Nigerian Civil Aviation Authority (NCAA) will on Monday present the airline with Air Transport Licence (ATL). The licence will be presented to the interim management of the airline at the headquarters of the aviation regulatory body in Abuja. This was made known on the Instagram handle of the Ministry of Aviation @fmaviationng which reads, “The @NigerianCAA will on…

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Emirates’ dnata to invest $100m in green operations

Emirates’ dnata to invest $100m in green operations

dnata has taken concrete steps to reduce water consumption and recycle waste across its different business units, as well as increase investments in electric and hybrid ramps, ground support, and forklift equipment to reduce its greenhouse gas emissions and meet the latest safety and quality standards.  Emirates group subsidiary and global airport services provider, dnata announced on Thursday it plans to invest $100 million (AED 367 million) in green operations over the upcoming two years, as…

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Foreign travel syndicates rip off Nigeria with SOTO ticket sales

Foreign travel syndicates rip off Nigeria with SOTO ticket sales

CBN may blacklist firms, to release trapped airlines’ N117.6 billion funds ‘soon’     The big travel agents like Satguru, Wahiguru, Blueberry and others particularly based in India and South East Asia take advantage of the relative ease in ticket issuance through APG IET and other Global Distribution Systems (GDS) like Amadeus, Galileo and Sabre among others issue what is generally known as Sold OutsideTicketed Outside (SOTO) tickets. Your airline ticket is a SOTO, (Sold Inside Ticketed Outside), Sold Outside…

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IATA Harps On Reforms To Attract, Retain Ground Handling Talent

IATA Harps On Reforms To Attract, Retain Ground Handling Talent

  The International Air Transport Association (IATA) has called for holistic reforms to manage the long-term need for a stable talent base for the ground handling sector. Thousands of ground handling staff left the aviation industry during the pandemic. Now as aviation ramps up, the severe shortage of skilled ground handlers is shedding light on the need for reform to stabilize the talent pool. In the immediate term, the most pressing issue according to the…

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Xejet Limited, Sierra Leone sign pact to operate Air Sierra Leone

Xejet Limited, Sierra Leone sign pact to operate Air Sierra Leone

  Xejet Limited and the Government of The Republic of Sierra Leone have signed a Memorandum of Understanding (MoU) to operate Regional and International Flights from Lungi International Airport, Freetown. The Government of Sierra Leone and Xejet have been in discussions and have now agreed that the company may establish and operate a national carrier for the Republic of Sierra Leone.   The parties further agreed to work together to successfully execute the project to…

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