Business

Aircraft maker, Airbus reported consolidated financial results for the Half-Year (H1) ended  June 30, 2023. “During the first half of 2023, we progressed well across our businesses in an operational environment that remains complex. Our commercial aircraft are in strong demand, as demonstrated by more than 800 orders announced at the Paris Air Show. This demand is driven both by growth and fleet replacement as airlines invest in more fuel-efficient fleets,” said Guillaume Faury, Airbus…

ASKY Airlines has announced it would launch three weekly flights from its hub in Lome to and from Luanda, Angola from August 1, 2023. The airline in a statement says Lagos to Luanda, Angola will have a seamless connection to ASKY’s vast network covering all of West and Central and South Africa markets with three direct daily services weekly per the attached schedule. According to the airline, the flight days are; LOS LFW LAD –…

In a region where affordable airfares have remained elusive, many potential customers have long been deprived of the opportunity to travel by air. Currently, a one-way ticket from Lagos to Abuja could go for as high as N120,000 – which is way too expensive for the average Nigerian. The fact, however, is that airlines are not entirely to blame for the skyrocketing airfares. The exorbitant cost of aviation fuel, also known as Jet A-1, has…

Boeing’s 777X and Airbus’ A350 fiercely view for sky supremacy, in a high-stakes battle for the lucrative long-haul market. In the race for sky supremacy, Boeing’s highly anticipated 777X is poised to make a grand entrance. This massive wide-body aircraft aspires to surpass its popular predecessor, the Boeing 777, and dominate the long-haul market. However, it faces a formidable opponent in the Airbus A350, an aircraft that took the industry by storm since its introduction in 2013….

 Chairman of United Nigeria Airlines, Prof. Obiora Okonkwo has backed the decision of the Nigeria Civil Aviation Authority (NCAA) to probe the circumstances leading to water in the tank of MAX Air while also asking the aviation regulatory body to beam its searchlight on the oil marketers with a view to preventing the supply of contaminated products to airline operators. Also, the Federal Government has been advised to encourage investment growth through policies and soft…

How providence saved aircraft from accident   The Nigerian Safety Investigation Bureau (NSIB) would commence an investigation into how over two hundred litres found its way into the aircraft of Max Air B737 aircraft. A top official of one of the agencies in aviation told Aviation Metric that the Director-General of NSIB, Akin Olateru, an aircraft engineer is determined to get to the root of what could have been a major air disaster. The Max…

To serve 500 million passengers   SITA, the technology provider for the travel and transport industry, secured a landmark deal with the Airports Authority of India to support one of the biggest growth markets globally, providing technology to 43 of India’s biggest airports. India’s Civil Aviation is among the fastest-growing aviation markets globally and will be a major growth engine to make India a $5 trillion economy by 2024. The deal will see improvements to…

Nigeria’s domestic aviation market growing rapidly-Nuhu Country set for ICAO August audit   The Director-General of Nigeria Civil Aviation Authority (NCAA), Capt. Musa Nuhu has called for the collapse of the Lagos-Accra air transport market as a domestic market because of proximity lamenting the high costs of flights between the two cities. He stated that fares on the Lagos-Accra route, a journey of about 45 minutes are ridiculously high with fares going as high as…

Restructuring effort leads to 66% revenue increase   Kenya Airways PLC (KQ) held virtually held its 47th Annual General Meeting (AGM) on Friday with the carrier making appreciable progress in its operations. The East African carrier has targeted the 2024 date for full recovery of the carrier following the COVID-19 pandemic that caused incalculable damage to global airlines. Aside from that, the airline’s turnaround progress in 2022 remained on course with its restructuring and transformation…

Once hailed as the epitome of aviation opulence, First Class now bids a subtle adieu, as other cabins ascend to fill its role. The First Class Cabin has long reigned supreme as the peak of luxury in the skies, entrancing passengers with its unparalleled extravagance and enticing airlines to outdo one another in elevating their offerings and curating unforgettable VIP experiences. Nevertheless, the winds of change are blowing across the industry, as airlines navigate the…