Business

The Treasury has concluded plans to offer Kenya Airways a further Sh36.6 billion bailout in the year starting July as part of efforts to prop up the national carrier amid recovery from the Covid-19 travel slump. The allocation, contained in budget documents tabled in Parliament, comes weeks after MPs approved an Sh20 billion bailout to the airline. This will push State support for the airline to Sh56.6 billion in under a year, making it the…

Partners Darma Air Services on Umrah, Hajj     Egypt Air has announced the increase of its frequencies to Mallam Aminu Kano International Airport (MAKIA). The carrier has equally announced the upgrades it has done and the quality of services to its customers. This is coming as the carrier has entered into a partnership with Kano-based Darma Air Services Limited for Umrah. The carrier is expected to operate ten flights for the lesser Hajj from…

  One of the biggest airlines in the world, Delta Air Lines today reported financial results for the March quarter of 2022 and provided its outlook for the June quarter of 2022. “With a strong rebound in demand as omicron faded, we returned to profitability in the month of March, producing a solid adjusted operating margin of almost 10%. As our brand preference and demand momentum grows, we are successfully recapturing higher fuel prices, driving…

  The Nigerian Civil Aviation Authority (NCAA) has given approval to 7Star Global Hangar Limited to carry out three C, CPCP, ADS, and ADD on Dana airlines MD83 aircraft with the registration number, 5N-SAI In an approval letter from the NCAA signed by Engr V Goyea, General Manager (ACCA) for the Director-General l, urged 7STAR to comply with all extant provisions of Nig. CARs and in particular Nig. CARs part 6, and in addition, all…

Nigeria’s foremost aviation ground handling firm, Skyway Aviation Handling Company (SAHCO) Plc has boosted her fleet of Ground Support Equipment (GSE) with more ultra-modern equipment. The new multi-million Naira fleet of equipment acquired includes ten Passenger Step Units that were manufactured by Mallaghan which is a renowned aviation industry manufacturer and supplier of highly acclaimed Ground Support Equipment.   The Passenger Step Units have the capacity to provide passenger access to a wide range of…

Red Star Express, Nigeria’s leading logistics company recently held a special event to honor the outgoing CEO, Dr. Sola Obabori, and usher in the new MD, Auwalu Badamasi Babaura, and new Executive Director of Sales & Marketing, Mr. Charles Uche Ejekam. The change of baton at Red Star Express is a good example of succession planning in action in the Nigerian aviation industry and corporate space. Red Star Express, the first-ever indigenous courier company to…

  Kenya Airways and South African Airways (SAA) have announced a new lounge access agreement for their customers as part of the Strategic Framework Agreement (SPF) signed in November 2021. The lounge access agreement would allow Kenya Airways business class customers as well as Sky Team Elite customers (Platinum and Gold) to have exclusive access to the lounge services at the SAA ultra-modern Platinum lounge located at O.R Tambo International Airport in Johannesburg. At the…

  Why Nigeria needs a national carrier-Minister   President of Emirates Airlines, Tim Clark has expressed the desire of his airline, Emirates to assist Nigeria with its proposed national carrier, stressing that there is an enormous Business Case for the carrier. He said the nation has got the wherewithal to clearly understand what they are doing, stressing that they are doing it and probably in the next year they will have a national airline flying…

  Airbus has performed its first A380 flight powered by 100% Sustainable Aviation Fuel (SAF). Airbus’ A380 test aircraft MSN 1 took off from Blagnac Airport, Toulouse, France at 08h43 on Friday 25 March. The flight lasted about three hours, operating one Rolls-Royce Trent 900 engine on 100% SAF. Twenty-seven tonnes of unblended SAF were provided by Total Energies for this flight. The SAF produced in Normandy, close to Le Havre, France, was made from…

The International Air Transport Association (IATA) announced that the 78th Annual General Meeting (AGM) and World Air Transport Summit will take place 19-21 June 2022 in Doha, Qatar, hosted by Qatar Airways. This will be the second time that the global gathering of aviation’s top leaders will be held in Qatar; the first being in 2014. Originally, the 78th IATA Annual General Meeting and World Air Transport Summit were planned for the same dates in Shanghai, the…