Aviation

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…

  The Chairman, House of Representatives Committee on Aviation, Nnolim Nnaji has charged the Nigeria Civil Aviation Authority, (NCAA) to be firm and fair in regulating the industry. Nnaji who spoke during an oversight visit in Lagos urged the authority to ensure it carries out its over sighting of the industry with humane approach . He was of the opinion that hostility may not be the best way to regulate the aviation industry as experience…

Agree payment plan   The Nigerian Civil Authority (NCAA) has reached a truce with airline in the liquidation of over N22 billion they owe various agencies in the aviation industry with a plan for them to reconcile their debts and the agreed payment plan. It is uncertain how much the carriers including those in extinction owe the aviation regulatory but it reported to be over N5 billion while collectively, the carriers’ debts are said to…

Laments Growing Losses To Foreign Carriers, Skewed BASA Former Managing Director of the Federal Airports Authority of Nigeria (FAAN), Richard Aisubeogun disclosed that the demise of some Nigerian airlines and the cessation of international routes by Arik, Bellview, Medview, Virgin Nigeria and others have robbed the nation of billions of dollars and foreign exchange as a result of skewed Bilateral Air Services Agreements (BASA) against the country. Aisuebeogun, in a paper he presented at the…

Load factor shrinks by 50%, triggers fare hike Carriers attribute fares’ surge to forex The sack of 300 workers by the management of Arik Air last week has sent a shock wave around the country’s aviation sector with fear that over a thousand more jobs from the airlines and other aviation support system could be on the line. The airlines have discovered that furloughing workers alone is not the solution at the moment to solve the…