Business Archives - Page 30 of 102

Chicken Republic deepens footprint in Nigeria, opens outlet at MMIA

Posted on April 11, 2024 by Wole Shadare

In a bid to expand its footprint across multiple locations in Nigeria, a world-renowned fast-food chain, Chicken Republic has opened a new outlet at the Murtala Muhammed International Airport, Lagos. The outlet located strategically at the arrival hall of the Lagos airport is already a force to be reckoned with, as it prides itself in consistency, quality offerings, and great services including the brand name. All these four, so far, have helped them to achieve…

Olowo tasks Air Peace to handle aeropolitics with maturity

Posted on April 10, 2024 by Wole Shadare

Seek carriers’ collaboration with foreign carriers, call for more airlines to London The immediate President of Aviation Round Table (ART), Dr. Gabriel Olowo has called on Nigerian airlines including Air Peace must collaborate or interline with other foreign airlines to take passengers beyond London. Olowo who spoke with Aviation Metric said passengers going beyond London make more than 60% or more of the traffic from Nigeria, just as he saluted Air Peace in blazing…

Lawyer awarded N2.5 million damages against Air Peace cries out over alleged blacklist

Posted on April 10, 2024 by Wole Shadare

We are not aware-source A lawyer, Maxwell Okpara has concluded plans to sue Nigeria’s flag carrier, Air Peace for blacklisting him from flying the airline anywhere in the world for daring to take the carrier to court over alleged infringement on his right. Aside from that, the lawyer is taking advantage of the carrier’s recent flight operations to London to file another class action against the United Kingdom. However, a source close to the…

Minister: Why Nigerian airlines can’t compete with big int’l carriers

Posted on April 8, 2024April 8, 2024 by Wole Shadare

How aeropolitics, intrigues denied Air Peace Heathrow slot The Minister of Aviation and Aerospace Development, Festus Keyamo has said that Nigerian airline operators are disadvantaged and would find it extremely difficult to compete with their foreign counterparts because lack of access to finance and the high interest rate charged by banks on loans. The lack of credit facilities for the carriers has made it extremely tough for the airlines to buy aircraft outright or…

African carriers to carry 98 million passengers in 2024, revenue rises to $1.83 billion in Jan

Posted on April 7, 2024 by Wole Shadare

Ghana proposes $20 passenger fee as Kotoka, 39 nations commit to SAATM African Airline Association (AFRAA), the umbrella body for the continent’s airlines has estimated that carriers from the region will carry about 98 million passengers in 2024, describing it as a year of recovery. It noted that the continent’s airline operations have exceeded pre-Covid levels both in terms of capacity and traffic carried, stressing that the number of seats offered in the…

Foreign airlines shun codeshare deal with Nigerian carriers

Posted on March 25, 2024 by Wole Shadare

….Europe, US, Middle East scamper for strong African operators African airlines are reaping the benefits of collaboration as they tend to leverage the wings of other carriers to extend their operations. A recent codeshare agreement between Kenya Airways and Virgin Atlantic is opening a vista of opportunities to both airlines just as Nigerian carriers are stuck in one place as they are yet to strike a codeshare deal with any of the big carriers…

Nigerian travellers, airlines, others to benefit as Heathrow set to cut taxes

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

UK CAA orders reduction in charges, Abuja, Lagos airports rank highest in charges While Nigeria’s two biggest airports have received a lot of flak, the aggregate of these charges, levies and taxes have taken a toll on air travel and impacted the cost of air tickets both domestically and regionally, as passengers will pay less for flights in and out of Heathrow after the aviation regulator ordered the airport to cut the fees it…

Qatar Airways’ GCEO Outlines Ambitious Future For Airline

Posted on March 17, 2024 by Wole Shadare

Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer has revealed several major new developments in line with his vision for the future of Qatar Airways. Designed to invigorate the global airline and its group of businesses, his roadmap for success includes innovation as the key pillar, which is reflected in Qatar Airways’ upcoming products and services – including the introduction of new first-class cabins on some of its fleet. In an exclusive interview…

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…

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