Business Archives - Page 32 of 102

African airlines to airlift 98 million passengers in 2024-AFRAA

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

Somalia takes back control of airspace from Kenya Zambia aims new approach to modernise cargo processing The African Airlines Association (AFRAA), the umbrella body for many of the continent’s airlines has estimated that the continent’s airlines will carry around 98million passengers in 2024. The group in its January 2024 performance updates made available to Aviation Metric noted that since November 2023, traffic carried by African airlines exceeded the 2019 level, stressing that…

MMA2, pride of Nigeria, embodies modernity

Posted on February 7, 2024 by Wole Shadare

The Murtala Muhammed Airport 2 (MMA2) operated by Bi-Courtney Aviation Services Limited embodies modernity and stands as a testament to Nigeria’s economic vitality. The terminal, often hailed as the pride of Nigeria’s aviation sector, has emerged not just as an international standard airport but as a vibrant aerotropolis center, home to a burgeoning community of more than 90 businesses. Located in Ikeja, MMA2 has redefined the landscape of air travel in Nigeria, offering passengers and…

Ibom dumps wet-lease, to benefit from operating efficiency with 10 A220-300 aircraft

Posted on February 6, 2024 by Wole Shadare

As part of its long-term plan for its fleet programme, state-owned Ibom Air said it is putting an end to its wet-lease aircraft operation. This comes in the wake of the delivery of the company’s brand-new Airbus A220-300 aircraft, the first of 10) ordered from Airbus in October 2021. With the imminent entry into service of the A220, the ‘place holding’ work of the two wet-leased Airbus A320s now comes to an end. According to…

Aboderin succeeds Agboarumi as SAHCo MD

Posted on February 2, 2024 by Wole Shadare

The Skyway Aviation Handling Company (SAHCO) PLC Board has appointed Adenike Aboderin as the Managing Director/Chief Executive Officer, effective from February 1, 2024. Mrs. Aboderin, a seasoned finance professional, succeeds Basil Agboarumi, bringing extensive executive leadership, financial, and management experience from both the private and public sectors. With a background in policy/strategy formulation, financial advisory, and expertise in sectors such as oil & gas, infrastructural development, marine, and transport, Mrs. Aboderin held senior executive positions,…

EFCC begins Nigeria Air probe, Ministry to get N40B intervention for facility upgrade

Posted on January 31, 2024January 31, 2024 by Wole Shadare

National carrier project on course Nigerian airlines excluded from flag carrier designation Minister defends FAAN’s relocation The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo has said that the Economic and Financial Crimes Commission (EFCC) has opened an investigation into the controversial Nigeria Air project. This is coming as the Minister threatened to name and shame airlines that are fond of incessant flight delays and cancellations, saying that the publication of their…

Harmattan haze: NCAA raises concern, warns pilots, airlines

Posted on January 29, 2024January 29, 2024 by Wole Shadare

The Nigeria Civil Aviation Authority (NCAA) has advised pilots and airline operators to exercise caution over a three-day dust haze starting on Monday to Wednesday across the country. A statement signed by the Acting Director-General of the Nigerian Civil Aviation Authority (NCAA), Capt. Chris Najomo, said this warning was contained in a statement by the Nigerian Meteorological Agency (NiMET) on weather, alerting the public on the possibility of deterioration in visibility as a result of…

Heightened attacks on GNSS pose safety risk, IATA, EASA urge pilots, crew to identify danger

Posted on January 26, 2024January 26, 2024 by Wole Shadare

The European Union Aviation Safety Agency (EASA) and the International Air Transport Association (IATA) announced the conclusions of a workshop jointly hosted at EASA’s headquarters to combat incidents of GNSS spoofing and jamming.The workshop’s high-level conclusion was that interference with satellite-based services that provide information on the precise position of an aircraft can pose significant challenges to aviation safety. Mitigating these risks requires short-, medium- and long-term measures, beginning with the sharing of incident information…

Hungarian firm mulls aircraft manufacturing, assembly in Nigeria

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

Hungarian aircraft maker, Magnus Aircraft Group is exploring collaboration with Nigeria with a plan to set up a manufacturing and assemblage of modern multi-purpose aircraft in the country. .Of particular interest was the integration of these aircraft into the training programs for students at the Africa Aviation and Aerospace University (AAAU) in Abuja. This is sequel to the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo’s visit following an invitation to its product introduction…

NCAA portal to check flight delays, cancellations ready in three months-DG

Posted on January 21, 2024 by Wole Shadare

The Acting Director-General of the Nigerian Civil Aviation Authority (NCAA), Capt Chris Najomo said the aviation regulatory body has devised a means through the creation of a portal where passengers can make their complaints and get results following incessant flight delays by airlines. Najomo who spoke at the weekend in Lagos said the portal would go live in the next three months, just as he defended the airlines saying no airline wants to deliberately delay…

We received ₦7.7bn COVID-19 intervention fund – FAAN MD

Posted on January 19, 2024 by Wole Shadare

The Managing Director, of the Federal Airports Authority of Nigeria (FAAN) Olubunmi Kuku on Thursday said the authority got ₦7.7 billion as a COVID-19 intervention fund. She made this known at a public hearing on COVID-19 funds, organised by the House of Representatives Committee on Public Accounts in Abuja. The managing director said that 2020 was particularly challenging for the authority owing to the advent of the coronavirus. She recalled that on March 11, 2020,…

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