Business Archives - Page 22 of 102

NCAA to stop pilots, crew flying for multiple airlines, experts say action rare

Posted on November 12, 2024November 12, 2024 by Wole Shadare

Seek licence revocation of violators The Nigeria Civil Aviation Authority (NCAA) has issued a critical directive that prohibits licensed flight crew members from conducting cross-crew operations for multiple airlines. Captain Chris Najomo, the Acting Director General of Civil Aviation, signed this order, referenced as DGCA/26/24, and directed it to all Nigerian aircraft operators. In this context, cross-crew operations involve pilots performing flights for more than one airline, which, according to the NCAA, increases safety…

NSIB recovers black box, continue search for three bodies

Posted on November 9, 2024 by Wole Shadare

The Nigerian Safety Investigation Bureau (NSIB), in conjunction with the Search and Recovery partners NNPC, NIMASA, the Nigerian Navy, and HydroDive, has recovered the Flight Data Recorder (FDR) and Cockpit Voice Recorder (CVR), commonly referred to as ‘black box’ from the crashed Sikorsky SK76 helicopter. The helicopter with registration 5N BQG ditched in the Atlantic Ocean off the coast of Bonny Finima on October 24, 2024. The helicopter, operated by Eastwind Aviation, was transporting eight…

Maintain NAMA processes, procedures for optimal standards, Farouk tells managers at retreat

Posted on November 5, 2024November 5, 2024 by Wole Shadare

The Managing Director of the Nigerian Airspace Management Agency (NAMA) Ahmed Umar Farouk has charged general managers in the agency to ensure that NAMA’s processes and procedures maintain optimal standards to keep pace with those of air navigation service providers (ANSPs) globally. Farouk said this could be attained through enhanced productivity, efficient service delivery and innovation. The NAMA MD who spoke while declaring open the 2024 General Managers’ Retreat which was held in Keffi, Nassarawa…

Plaudits for Acting DG NCAA, Najomo for aviation sector reform

Posted on November 3, 2024November 3, 2024 by Wole Shadare

Plaudits have come the way of the Acting Director-General of Nigeria Civil Aviation Authority (NCAA) for reforms he has brought to the agency. The commendation is coming from the spokesman for African Aviation Renaissance Group (AARG), Comrade Akanbi Adimula, adding that the NCAA has once again reinforced the time-tested solution to the challenge of leadership and position mismatch in our national life. Adimula stated that in early 2024 when the Minister of Aviation effected changes…

NCAA’s prompt passenger complaint resolution extolled

Posted on October 30, 2024 by Wole Shadare

The Nigerian Civil Aviation Authority (NCAA) has reaffirmed the integrity and capabilities of its consumer protection directorate staff to promptly and adequately address passengers’ complaints at airports across the country and urged passengers to approach them whenever the need arises. The Director of Public Affairs and Consumer Protection Directorate, Mr. Michael Achimugu explained that following the launch of the consumer protection portal on September 19th 2024, passengers’ experience, service delivery and responses from airlines…

Aviation ground handling firms to raise charges by over 300%

Posted on October 28, 2024 by Wole Shadare

N70, 000 for B737 no longer sustainable-AGHAN chairman There are indications that the two major aviation ground handling firms in Nigeria, the Nigerian Aviation Handling Company Plc (NAHCO) and the Skyway Aviation Handling Company (SAHCO) will review the ground handling charges for domestic airlines subject to approval by the Nigeria Civil Aviation Authority (NCAA). The worsening macroeconomic challenges in the country have forced ground-handling companies to propose new handling rates for airlines. Some of…

RwandAir Commits to Sustained Cargo Operations

Posted on October 24, 2024October 24, 2024 by Wole Shadare

RwandAir has committed to Cargo Agents in Nigeria to sustain its Cargo operations out of the country to build its market share in that space. The commitment was made during a recent Cargo Agents Workshop held at Presken Hotel, Airport Road, Ikeja, Lagos recently to get their feedback relating to the airline’s service delivery, address pressing concerns, and outline its plans to enhance cargo operations. The Airline’s Regional Manager, Mr. Dennis Rwiliriza disclosed that the…

Nigerians groan over fare hike, Air Peace jerks up one-way flight to N200,000

Posted on October 22, 2024October 22, 2024 by Wole Shadare

Nigerians planning to travel by air will pay more from next week as Air Peace said it would increase its one-way flight ticket from Lagos to Abuja to N200,000 with effect from November 1, 202. It means that a return ticket for the same route would cost as high as N400, 000; a situation that may make air travel to be out of the reach of many Nigerians. Many airlines are equally jostling to…

Relief as Lagos plans to fix deplorable MMA airport access road

Posted on October 18, 2024 by Wole Shadare

At last, the Federal Airports Authority of Nigeria (FAAN) has listened to the harrowing pain of private jet operators, aviation agency workers and other users of the access road leading from the domestic wing of the Lagos airport to the international wing of the airport. However, worried by the negative image it has to the FAAN and the country at large, the Managing Director of FAAN Mrs. Olubunmi Kiku has expressed her joy for the…

Q3 result: United records $1.3B pre-tax earnings, announces $1.5B share repurchase prog.

Posted on October 16, 2024October 16, 2024 by Wole Shadare

Year-to-date generated $7.2 billion of operating cash flow, $3.4 billion free cash flow United Airlines (UAL) on Wednesday reported third-quarter 2024 financial results. The company had pre-tax earnings of $1.3 billion, with a pre-tax margin of 8.7%; adjusted pre-tax earnings1 of $1.4 billion, with an adjusted pre-tax margin1 of 9.7%. The company also achieved diluted earnings per share of $2.90; and adjusted diluted earnings per share1 of $3.33, ahead of the third-quarter 2024 guidance provided at the start of the quarter of $2.75 to $3.25. To…

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