Business Archives - Page 2 of 105

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…

Sanctuary of Memory: How NAHOF inspires the Next Generation of aviators

Posted on September 8, 2026September 8, 2026 by Wole Shadare

At a historic gathering marked by profound national pride and aviation grandeur, stakeholders, industry captains, government dignitaries, and veteran aviators convened in Lagos for the official unveiling of the Nigeria Aviation Hall of Fame (NAHOF) montage at Murtala Muhammed Airport 2 (MMA2). Designed as a permanent sanctuary of memory, excellence, and inspiration, the institution pays homage to the trailblazers, visionaries, and courageous aviators whose contributions built the nation’s aerospace sector from its infancy to modern…

Qatar Airways accelerates fleet-wide Starlink rollout on 150 wide-body aircraft

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

Qatar Airways, the operator of the world’s first and largest Starlink-equipped wide-body fleet, has become the first airline to operate Starlink-equipped Boeing 787-9 aircraft globally. The carrier has also completed Starlink rollout across its Boeing 787-8 sub-fleet in seven months, bringing the total number of its Starlink-equipped wide-body aircraft to 150. The airline remains on track to complete the Starlink rollout across its Boeing 787 fleet by the end of 2026. The latest achievement builds on…

N500bn Drain: Reclassifying NCAA as a cost-recovery body critical for safe skies

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

For years, the Federal Government has treated the Nigerian Civil Aviation Authority (NCAA) as a national cash cow, misclassifying it as a “revenue-generating agency.” Under the sweeping automatic deduction policy, an estimated N500 billion ($362 million) derived from the 5% Ticket Sales Charge (TSC) and Cargo Sales Charge (CSC) has been systematically drained from the agency into the Consolidated Revenue Fund and the Treasury Single Account (TSA). To bureaucrats in Abuja, this half-a-trillion-naira windfall looked…

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