Business Archives - Page 104 of 104

Emirates to unveil new Business Class seat

Posted on March 8, 2016 by Wole Shadare

Emirates, the world’s largest international airline and a leader in developing innovative products to enhance its passenger comfort in air travel, is set to unveil its new Business Class seat for its Boeing 777 aircraft at ITB Berlin, the international travel trade show which takes place from 9-13 March 2016. The new seat is set to make its commercial debut on Emirates’ 170th Boeing 777 aircraft, a -300ER version which the airline expects to receive…

GE Aviation: General Electric creates new digital business

Posted on March 8, 2016March 8, 2016 by Wole Shadare

GE Aviation announced the creation of a digital organization that brings all of the digital expertise from across Aviation into one business GE Aviation announced the creation of a digital organization that brings all of the digital expertise from across Aviation into one business. This new Digital business will be led by Jim Daily as president and chief digital officer, Engineering and Technology for GE Aviation. “Over the past two years, we have shown the…

Pilot shortage hits Nigeria, US airlines

Posted on March 8, 2016March 8, 2016 by Wole Shadare

• Flyers seek higher pay • Carriers shun local pilots for expats Nigeria and the United States are hit by pilot shortage, a situation that has taken a toll on the sectors in both nations. Heavily hit in the US are midsized and regional airlines. Equally affected are smaller airports such as in Redding, California, or Erie, Pennsylvania, according to figures from the Air Line Pilots Association (ALPA). For Nigeria, aviation industry is, again, experiencing…

BA partners SME’s in Nigeria to grow businesses

Posted on March 6, 2016 by Wole Shadare

Mega Carrier, British Airways has restated its commitment to growth of SME’s in Nigeria by announcing the re-launch of its ‘On Business’ loyalty programme for growing Businesses. The event, which was very successful, with over 100 guests and business owners in attendance, took place at the Eko Hotels and Suites on Thursday, 8th October 2015. The “On Business Loyalty Programme” is designed to help growing businesses make the most of their travel budget, with the…

Nigeria’s aviation loses N400bn yearly – air transporters

Posted on March 6, 2016 by Wole Shadare

Stakeholders in the aviation industry have petitioned the Federal Government over Nigeria’s loss of over N400 billion annually for its inability to maximise the huge potentials in the sector. The Secretary General of National Union of Air Transport Employees (NUATE), Olayinka Abioye, said this in Lagos. He said that it is an ugly realisation that while in isolated countries such as Iceland and New- Zealand, air transport contributes five per cent to their Gross Domestic…

Union faults NAPIMS on stoppage of Bristow’s contracts over crash

Posted on March 5, 2016 by Wole Shadare

*We are committed to safety-Airline In response to the call by Nigeria’s National Petroleum Investment Management Services (NAPIMS), a corporate services unit of the Nigerian National Petroleum Corporation for the termination of Bristow Helicopters contracts in the country following the emergency landing of a Bristow-operated Sikorsky S-76C++ helicopter on Feb. 3, 2016, aviation union has called for restraints. NAPIMS stated that the fatal accident and recent incident have called into question Bristow’s maintenance and…

IATA predicts dip in profits

Posted on March 5, 2016March 5, 2016 by Wole Shadare

Airline profit expectations for the year ahead have fallen further but remain positive, according to the International Air Transport Association (IATA) quarterly survey of airline CFOs and heads of cargo in October. The rate of expected improvement in profitability over the next 12 months has fallen in October compared to Q1, suggesting that improvements in key drivers might have peaked earlier in the year, said international Air transports Association (IATA) in a report released today….

No plan to shut airspace as Unions suspend planned strike

Posted on March 5, 2016March 5, 2016 by Wole Shadare

The Nigerian Civil Aviation Authority has denied allegations that the country is closing its airspace to flight operations. The NCAA noted that the issue it had with its workers’ union is being resolved with a peace meeting slated for Monday between the union and management, adding that there was no basis for airspace closure. The agency stated that no time was closure of the airspace contemplated, adding that the union had on Friday last week…

Non-implementation of customs waiver costs airlines N500bn

Posted on March 4, 2016 by Wole Shadare

Three years after the Federal Government approved waivers on Customs duties for aircraft and spare parts, indigenous airlines are yet to benefit from the policy. Airline operators said that they could have saved over N500 billion if government had implanted the policy since 2012. Managing Director of Arik Air, Mr. Chris Ndule, lamented that airlines still pay 50 per cent Customs duty on spare parts. Speaking to woleshadare.net on the sideline of a seminar in…

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