Business

 AOC renewal in Nigeria faulty Carrier didn’t meet  safety requirement-NCAA   A $7 million airline investment in Nigeria is about to go the way of others as Tropical Arctic Logistics (TAL), a Lagos-based non-scheduled domestic airline, has accused the Nigerian Civil Aviation Authority (NCAA) of its refusal to renew its Air Operator Certificate (AOC). The AOC is a certificate that paves the way for airlines to operate in the country’s aviation industry. Chief Operating Officer of TAL, Olufemi…

Expert bemoans IGR under-declaration We have limited resources for airport projects –FG   Following series of reforms in the nation’s aviation sector, the Federal Airport Authority of Nigeria FAAN), earned about N408.69 billion within a period of five years. The amount, according to figures released by an aviation security consultant and Secretary General of Aviation Safety Round Table Initiative (ASRTI), Group Captain John Ojikutu (rtd), was realised between 2015 and 2019 from Passenger Service Charge…

  Dubai based Emirates airline said its flights to and from Nigeria will remain suspended until August 20. It was not however stated if the United Arab Emirates (UAE) and Nigeria’s frosty relationship over the modalities for COVID-19 test would have been resolved on or before August 20 as resumption of flights is not in the hands of Emirates Airlines but the UAE government. Customers who have been to or connected through Nigeria in the…

Says yearly figure inaccurate, misleading   Aviation Security Consultant and Secretary General of the Aviation Safety Round Table Initiative (ASRTI),Grp. Captain John Ojikutu (Rtd) has lamented what he termed yearly under-declared inaccurate Internally Generated Revenue (IGR) in the aviation industry. In a data made available to Aviation Metric, the renowned aviation analyst lamented that the inaccurate or unaccounted earnings could be the exploitation in the work of some Insiders’ Threats to national security. He however…

After months of uncertainty over whether or not one of Nigeria’s, and perhaps African, airlines that promises so much would end up on paper, the Nigerian Civil Aviation Authority (NCAA) today granted start-up Green Africa Air Operators Certificate (AOC).  This clears the way for the carrier to begin services. The carrier today indicated its readiness to start scheduled flight operations on August 12, 2021. Following the successful completion of all five phases of the AOC…

As Nigeria prepares to renegotiate the Bilateral Air Services Agreement (BASA) with 15 nations, there has been a call by stakeholders in the aviation industry for the country to review the trade pact in order to guarantee great benefits to the nation. Many of the stakeholders at the just concluded seminar held by aviation journalists in Lagos recently endorsed the review. An aviation security expert, Group Capt. John Ojikutu (rtd.), told Aviation Metric at the…

    RwandAir, the national airline of Rwanda has concluded plans for its customers to be able to explore even more of the world following its new partnership with Qatar Airways via their hubs at Kigali and Doha. As part of the strategic partnership, the extensive interline agreement will give customers access to the networks of both airlines, providing a seamless travel experience and enhanced customer service for the frequent flyers programmes. Customers can pick…

NOVA Merchant Bank, a leading merchant bank in Nigeria, is pleased to announce the appointment of Mr. Emmanuel Onokpasa as Executive Director, Wholesale Bank and Treasury. In this role, he will have oversight over Corporate Banking, Commercial Banking including Energy, Power, Telecoms, Products/Channels, Digital Banking, Treasury, Correspondent Banking and Financial Institutions. The appointment has been approved by the Central Bank of Nigeria. Onokpasa is a seasoned financial services practitioner with about three decades of experience…

 Africa’s traffic figure down by 65.7% China now largest domestic market    The International Air Transport Association (IATA), the clearing house for global airlines has described 2020 as the worst year ever for aviation in the world occasioned by the devastating effects of COVID-19 that totally grounded the entire aviation sector save for skeletal cargo operations by some airlines. The disclosure was made by IATA yesterday when it released  the IATA World Air Transport Statistics…

The Nigerian Aviation Handling Company (NAHCO) Plc over the weekend in Lagos hosted clients and aviation industry stakeholders to a customer appreciation party for their support and consistency, despite the Covid-19 pandemic, which ravaged the entire globe in the past year, promising to improve its working relationship with its customers by providing more modern facilities and excellent service delivery. The event themed: ‘Client Celebration Dinner,’ was an opportunity for the Company and customers to further…