Business Archives - Aviation metric

Air Peace takes delivery of E190 jet, breaks tradition on aircraft naming

Posted on October 7, 2026 by Wole Shadare

Nigeria’s flag carrier airline, Air Peace, has taken another major step in its strategic fleet expansion programme with the delivery of an Embraer 190 jet. The new arrival brings the airline’s total Embraer fleet to 18 aircraft, including the ultra-modern E195-E2 series, for which Air Peace is the African launch customer. The 96-seat jet touched down at Terminal 2 of the Murtala Muhammed International Airport, Lagos, at approximately 5:00 p.m. on Wednesday, October 7, 2026….

67 Years in the Sky: Sanusi Lauds AMCON, urges FG to protect Aero Contractors as “National Treasure”

Posted on October 5, 2026October 5, 2026 by Wole Shadare

The Managing Director of Aero Contractors, Capt. Ado Sanusi, has paid a glowing tribute to the Asset Management Corporation of Nigeria (AMCON), crediting the debt recovery agency with saving Nigeria’s oldest airline from total collapse during its lowest point in 2016. Speaking in his keynote address to mark the airline’s 67th anniversary, Sanusi recalled how AMCON stepped in, acquired a majority stake, and gave the carrier a vital lifeline. He expressed deep gratitude to the…

Minister: Competition, increased seat capacity driving down airfares

Posted on September 29, 2026September 29, 2026 by Wole Shadare

…Nigeria leads SAATM push The Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has attributed the recent downward moderation in domestic airfares to an influx of aircraft capacity and surging passenger traffic, which together have fostered a healthier, competitive market. Speaking on the sidelines of the recently concluded Airports Council International (ACI) Africa Conference in Abuja, Keyamo admitted that airfares have dropped significantly from the peak levels witnessed during the December–January high-demand period. He…

Ground handlers freeze XEJet operations over N300m unpaid debt, warn other carriers

Posted on September 28, 2026 by Wole Shadare

Ground handling services for indigenous carrier XEJet Airlines came to a sudden halt on Monday after the Aviation Ground Handlers Association of Nigeria (AGHAN) directed its members to immediately withdraw all ramp support and handling operations over an outstanding debt of about N300 million. The sudden blackout has thrown XEJet’s daily operations into disarray, leaving passenger baggage handling and aircraft ramp services stranded. To cushion the immediate impact, the airline scrambled emergency measures, including diverting…

SAHCO elevates inclusive aviation services with landmark AmbuLift acquisition

Posted on September 25, 2026 by Wole Shadare

Skyway Aviation Handling Company PLC (SAHCO) has significantly raised the bar for inclusive passenger handling in Nigeria’s aviation industry by acquiring and deploying a state-of-the-art, high-capacity AmbuLift. With this strategic move, SAHCO becomes the sole aviation ground handling company in Nigeria to own and operate this specialised equipment. Designed to deliver safe, dignified, and seamless embarkation and disembarkation services for Passengers with Reduced Mobility (PRM), including wheelchair users and stretcher-bound passengers, the AmbuLift features…

Minister: Passenger growth not enough, Next-Gen airports must drive performance

Posted on September 22, 2026September 22, 2026 by Wole Shadare

…decries Africa’s connectivity bottlenecks, urges full SAATM exploitation Minister of Aviation and Aerospace Development, Festus Keyamo, has declared that passenger traffic growth alone will not transform the continent’s aviation sector, calling instead for a deliberate shift toward sustainable performance, infrastructure modernisation, and deeper intra-African connectivity. Speaking in Abuja at the opening of the Airport Council International (ACI) Africa Regional Conference & Exhibition—themed “Next-Gen Airports Driving Performance and Resilience”, Keyamo emphasised that modernising the nation’s gateways…

Iyayi: Communication gaps, inadequate facilities behind airlines’ delay crisis

Posted on September 21, 2026September 21, 2026 by Wole Shadare

…Seeks systemic reforms amid Air Peace-NCAA dispute Chief Executive Officer of Top Brass Aviation Limited and member of the Airline Operators of Nigeria (AON) Board of Trustees, Roland Iyayi, has weighed in on the ongoing crisis surrounding flight delays and cancellations in Nigeria, attributing the core of the issue to a severe lack of proper communication regarding the actual challenges operators face. Speaking to Aviation Metric, Iyayi lamented that the underlying causes of flight disruptions…

Airlines debt crisis triggers safety concerns, Bernard urges NCAA financial audit

Posted on September 17, 2026 by Wole Shadare

Group Managing Director of Finchglow Holdings, Mr Bankole Bernard, said the piling up of debts by airlines and the crisis between the Nigerian Civil Aviation Authority (NCAA) and the carriers over withholding of Ticket Sales Charge (TSC) and Cargo Sales Charge (CSC) was a sign that the airlines are in the red. He urged the aviation regulator to compel carriers to open their books to scrutiny by submitting their financials to the NCAA, warning that…

Insurance protection gap threatens Nigeria’s economic resilience

Posted on September 17, 2026September 17, 2026 by Wole Shadare

Nigeria’s economic growth could remain vulnerable to major financial shocks unless the country urgently addresses its wide insurance protection gap. SanlamAllianz Life Insurance Nigeria Limited Chairman, Dr Femi Oyetunji, says millions of households, businesses, and public assets remain exposed to losses that could undermine economic stability. Speaking on Wednesday at the All-Inclusive Mass Media Training on Insurance Awareness, Oyetunji said the insurance challenge should no longer be viewed as an industry-specific issue, but as a…

Streamlining Cargo Operations: FAAN Engages Top Freight Agents

Posted on September 12, 2026September 12, 2026 by Wole Shadare

The Federal Airports Authority of Nigeria (FAAN) has moved to boost Nigeria’s air cargo ecosystem by holding a strategic engagement with the top 100 Licensed Customs Agents operating at the Pilgrims and Cargo Terminal (PCT) of the Murtala Muhammed International Airport, Lagos. Organised by FAAN’s Directorate of Cargo Development and Services (DCDS), the forum focused on resolving operational bottlenecks, strengthening inter-agency collaboration, and improving overall service delivery across the air cargo value chain. Stakeholders highlighted…

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