Business Archives - Page 29 of 100

Nigerian market good for us in last 17 years, says Delta Air Lines’ Hassenstab

Posted on March 17, 2024March 17, 2024 by Wole Shadare

Carrier’s US-Nigeria route returns to 75% post-pandemic period Invests $12 billion in airport infrastructure While Nigerian carriers are bogged down by many challenges that have seen them unable to fend off competition from European, Middle East and American airlines, a United States-based airline, Delta Air said that the Nigerian market has been good to the carrier since 2007 that the carrier began direct flight operations to the country under the US-Nigeria ‘Open Skies’ air…

NCAA warns private jet owners against illegal flights

Posted on March 14, 2024 by Wole Shadare

The Nigeria Civil Aviation Authority (NCAA) has warned holders of Permit for Non-Commercial Flight (PNCF) also known as private jet owners to desist from engaging in commercial flight operations forthwith or face stiff penalties. It will be noted that holders of PNCF are not permitted to use their aircraft for carriage of passengers, cargo it mail for hire or reward which amounts to commercial operations or charter services. In line with Section 32 (4) of…

Lagos, Abuja airports selected as ICAO team begins Nigeria’s aviation security audit

Posted on March 11, 2024 by Wole Shadare

Two of Nigeria’s biggest airports, the Murtala Muhammed Airport, Lagos and the Nnamdi Azikiwe International Airport would be used for rigorous security tests to ascertain the country’s level of aviation security. All security implementation verification will be carried out at the two airports. This is coming as a team of International Civil Aviation Organisation (ICAO) auditors has arrived in Abuja, Nigeria, to commence the 2024 ICAO Universal Security Audit Programme (USAP) through Continuous Monitoring Approach…

African airlines’ cargo volume up by 17%

Posted on March 5, 2024 by Wole Shadare

The International Air Transport Association (IATA) has released data for January 2024 global air cargo markets indicating a strong start to 2024. During the month in review, African airlines saw their air cargo volumes increase by 17.0% with much improved compared to December’s performance (-1.2%). African airlines benefitted from strong growth on the Africa-Asia trade lane with capacity was 19.4% above January 2023 levels and accounting for 2% of total global air cargo traffic. Total demand, measured…

NANTA President fumes over members’ anti-competition, retrogressive practices

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

The President of the National Association of Nigeria Travel Agencies (NANTA) has carpeted people she called mischief makers whom she said are peddling rumours that could tarnish the image of the association and has vowed to confront them using all the legal means available to NANTA. Reacting to’ insidious and damaging narratives’ targeting NANTA members holding International Air Transport Association (IATA) licence under the Golite category as fraudulent trade operators, she warned the purveyors of…

Walk For Love Africa (WFLA) Set to Hold Inaugural Summit

Posted on February 29, 2024 by Wole Shadare

Walk For Love Africa® (WFLA) is delighted to announce that preparations are in place for the inaugural edition of the WFLA Summit, a travel, tourism and trade event scheduled to take place from 28 to 29 March 2024 in Lagos, Nigeria, at the Radisson Blu Hotel Ikeja. The event’s theme is Intra-Africa Travel and Tourism Ecosystem: Maximizing Sustainable Growth and Development Opportunities. The 2-day event will feature a full-day conference with high-level panel sessions with…

Green Africa Launches Second Annual Zero Naira Fare Campaign

Posted on February 28, 2024February 28, 2024 by Wole Shadare

Green Africa has announced the launch of its second annual Zero Naira FareCampaign. The airline ran its first Zero Naira Fare campaign last year to the delight of many customers across the country who had the opportunity to fly for the first time. This initiative allows customers the unique opportunity to fly for free to any of the destinations currently served by Green Africa, paying only airport taxes and other applicable charges estimated at approximately…

Ground handlers propose N400, 000 for B737, N250 for CRJ rates per flight

Posted on February 28, 2024February 28, 2024 by Wole Shadare

Only rates review i’ll sustain handling companies-Stakeholders Business organisations in the Nigerian aviation industry are suffocating and need government intervention to remain alive. This is as ground handling companies in the country have declared that the current handling rates charged by airlines, especially the domestic operators, were no longer sustainable, fearing that if not reviewed upward in the next few months, the sub-sector may collapse totally. Handling companies through the Aviation Ground Handlers…

SAA’s New Perth-Johannesburg direct route opens African experiences for Australian travellers

Posted on February 25, 2024 by Wole Shadare

Gauteng, South Africa’s economic hub and gateway to Africa, is preparing to give travellers aboard the inaugural SAA flight from Perth to Johannesburg, a traditional wet welcome when it lands at O.R. Tambo International Airport at the end of April 2024. The non-stop three times a-week flight takes off from Johannesburg on April 28th, 2024 and has seen a keen uptake of seats, particularly in the economy class. “We are excited that this flight has…

Assisting airlines overcome challenges a priority-Keyamo

Posted on February 23, 2024February 23, 2024 by Wole Shadare

Minister, Akume laud Idu The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo has lamented the harsh economic environment in which Nigerian airlines, reiterating that one of his Key Performance Indicators (KPIs) centres around assisting the carriers to overcome their economic woes. He emphasised that the aviation sector is a gateway for investments and that it is the sector on which other Ministries must rely. Speaking to journalists at the Nigeria Aviation Award…

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