Business

Report contains 27 findings, 8 safety recommendations   Three months after the crash involving a Nigerian Air Force (NAF) King Air 350 aircraft at the vicinity of Kaduna Civil Airport, the Commissioner and Chief Executive Officer of AIB, Akin Olateru on Wednesday submitted an interim report on the sad incident to the Chief of Air Staff (CAS), Air Marshal Amao, at his office at NAF Headquarters, Abuja. The accident occurred on May 21, 2021. Air…

Kenya’s national carrier, Kenya Airways PLC has entered a partnership with Congo Airways just as the East African carrier equally signed an aircraft lease agreement with Congo Airways. The two airlines have begun a cargo codeshare partnership. The agreement will see Kenya Airways lease two Embraer E190 jets to Congo Airways, boosting domestic operations and flight frequencies in the Democratic Republic of Congo (DRC). In addition, Kenya Airways has today commenced direct cargo flights from…

The Nigeria-Vietnam Economic, Trade, and Cultural Association, (NVETCA) has been born with the aim of promoting economic and cultural relations between the two counties. The prime promoter of the association, Alhaji Sani Bako stated that he was delighted that after rigorous scrutiny by the Ministry of Justice and various organs of government and the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, (NACCIMA) the association was eventually registered. Bako who was Nigeria’s pioneer…

 A former Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mr. Richard Aisuebeogun said airport operators, airlines, and other service providers must work in a symbiotic relationship to achieve a common goal of viability.  Aisuebeogun in his presentation titled: Viability of Airport in Nigeria– why airlines fail at the CHINET Aviation and Cargo conference also proposed improved Infrastructure, modernization, and innovation which he described as part of airport business intelligence which airports and…

July traffic shows improvement, but well below pre-COVID levels   The International Air Transport Association (IATA) today announced that both international and domestic travel demand showed significant momentum in July 2021 compared to June, but maintained that demand remained far below pre-pandemic levels. Data for Africa was not available at the time of publication.  According to the clearing house for global airlines, It would be summarised in the next monthly report. However, Africa represents just…

Africa’s most successful airline, Ethiopian Airlines is building on the legacy of success by signing a Memorandum of Understanding (MoU) as it positions Ethiopia as an aviation hub for Africa.  Building on the two parties’ seventy years of shared history in aviation, the MoU with aircraft maker Boeing aims at positioning Ethiopia as Africa’s aviation hub – “Ethiopia for Africa”. The airline grew extremely quickly between 2011 and 2019, with the full-service carrier more than doubling…

Nigeria inches towards cheaper insurance premium South Africa tops Nigeria as largest aviation operative in Africa     Infrastructure decay that dotted many of Nigeria’s airports, categorization of airports in the country and particularly African nations as ‘unsafe’ and the perceived high rate of air accidents has continuously seen aircraft insurance premiums skyrocket. However the relative improvement in airport infrastructure, air traffic control management and the strict regulation by the Nigerian Civil Aviation Authority (NCAA)…

Despite the devastating effects of COVID-19 resulting in depressing half year results, one of Africa’s biggest airlines, Kenya Airways has recorded improved performance to a similar period in the prior year. The disclosure was made on Thursday when the carrier released its financial results Kenyan national carrier, Kenya Airways PLC (KQ) has released its financial results for the six-month period ending June 2021, at a virtual investor briefing. The Group’s total revenue during the period reduced by 9% to…

Delta Air Lines has ordered 30 additional Airbus A321neo aircraft to help meet the airline’s future fleet requirements. The newly-ordered aircraft are in addition to the airline’s existing orders for 125 of the type, bringing the outstanding orders from Delta to a total of 155 A321neos. “Adding these aircraft strengthens Delta’s commitment to replacing older fleets with more sustainable, efficient jets, and offering the best customer experience in the industry,” said Mahendra Nair, Delta’s Senior…

The Government of Kenya may have begun the nationalization of one of Africa’s biggest airlines, Kenya Airways. The success of that venture would make the carrier fully owned by the government just like many carriers in the continent like Ethiopian Airlines, Rwandair, and South African Airways among other national airlines.  Kenya Airways is currently a public-private partnership. The largest shareholder is the Government of Kenya (48.9%), with 38.1% being owned by KQ Lenders Company 2017…