Aviation

Weeks after announcing N4B stimulus package for airlines, airlines operators are yet to get the money; a situation that led to call for the release of the money to assist carriers get out of the woods. The much talked about stimulus many said despite how small it is would help to solve some of the airlines’ problems. Consequently, the Federal government has been asked to release the fund to the aviation industry to save struggling…

  Agency’s sharp decline amounted to N18.9b loss-Okoye   Managing Director of the Federal Airports Authority of Nigeria (FAAN), Capt Rabiu Yadudu has recounted the impact the COVID-19 had on the aviation sector, particularly the FAAN. He stated that consequent upon the development, airports lost take-off and landing fees as well as Passenger Service Charges (PSC) which he said were the major revenue generating points of airports. Yadudu who spoke at the Servicom Networking Meeting…

The International Air Transport Association (IATA) has called on governments to ensure that aviation workers should be next in line for COVID vaccines after health care workers and vulnerable groups. IATA sought to justify its comments by saying the aviation industry is integral to the distribution of medical supplies, medicines and soon, the COVID-19 vaccine itself. “We are not asking for aviation workers to be on top of the list, but we need governments to…

The Department of Public Enterprises (DPE) has announced an interim six-member South African Airways (SAA) board as the airline prepares to relaunch in 2021. In a statement recently, the department said Geoff Qhena will chair the board, which also comprises Peter Tshisevhe, June Crawford, BembeZwane, Professor Edna van Harte and Nick Fadugba. The six, said DPE, are expected to restore proper governance and oversight of the airline during the implementation of a business rescue plan….

Says agency’s revenue improving Don’t service $500 million Chinese loan-Union The Managing Director of the Federal Airports Authority (FAAN), Capt. Rabiu Hamisu Yadudu has assured that all the problems bedeviling the agency occasioned by COVID-19 pandemic that seriously dwindled its revenue would be resolved. He explained that the delay in salary was caused by paucity of funds occasioned by the COVID-19 pandemic, but admitted that FAAN revenue was gradually improving. He made clarifications on the…

A former Managing Director of the Federal Airports Authority of Nigeria (FAAN), Richard Aisuebeogun, has called on the Federal Government to introduce the Fly Nigeria Act, stressing that if the policy is introduced, Nigerian airlines will become carriers of choice with foreign carriers having no choice than to partner with them. The action, he further stated, would also allow foreign carriers into code-share arrangements with a view to earning revenue from the partnership. He stated…

Nigeria’s flag carrier then, Arik was a model to many airlines in the country. The airline burst unto the country’s aviation scene. Never had Nigeria witnessed entrant of a new airline with brand new airplanes like what Arik did by purchasing the newest airplanes comprising wide-body A340, A330, B737NextGen and smaller state-of-the art aircraft. The airline was a reference point as it competed with recognized global airlines in terms of fleet and quickly spread its…

  Biofuel produced from used cooking oil Emirates has rolled out its 116th A380 as the first of three A380s to join its fleet in 2020. The newest member of the Emirates fleet was powered by a blend of jet fuel and sustainable aviation fuel (SAF). This is the first time the airline is using sustainable aviation fuel to power an A380. The biofuel used for the flight was produced from used cooking oil in Finland….

A recent report that airlines have increased fares by over 100 per cent may not actually be true. What passengers are experiencing now in terms of adjustment in fares is as a result of huge demand outstripping supply occasioned by the Christmas season. This was the position of the airlines and stakeholders attributing high cost of air ticket to the Yuletide season and not necessarily raising costs arbitrarily. The devastating effects of COVID-19 pandemic could…

United will meet this ambitious goal by making industry-leading investments in new technology and sustainable fuels – not from buying carbon offsets The carrier is taking its most ambitious step yet in leading the fight against climate change: pledging to become 100% green by reducing its greenhouse gas (GHG) emissions by 100% by 2050. United, which in 2018 became the first U.S. airline to commit to reducing its GHG emissions by 50% by 2050, will…