Pilot training system: Emirates partners Boeing

Pilot training system: Emirates partners Boeing

Emirates Flight Training Academy, the new world class flight training facility developed by Emirates airline to respond to the industry’s growing need for pilots, has signed an agreement with Boeing under which both organizations will collaborate on a comprehensive training curriculum and software infrastructure to support Academy operations.  Emirates Flight Training Academy, currently under construction at Al Maktoum International Airport- Dubai World Central (DWC) and scheduled to open in October 2016, will combine best practices…

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Oil Rout: Air Transport Trade In Nigeria, Others Decline By $200m

Oil Rout: Air Transport Trade In Nigeria, Others Decline By $200m

Given the global macro challenges, it is estimated that air transport business in major African cities, including Nigeria declined by $1 per passenger since the slide in oil prices two years ago. This translates to over $200 million considering that Africa’s air traffic for 2015 was put at over 200 million. The aviation sector is said to cater for 3.5 billion passengers globally and is said to be a major facilitator for as much as…

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US Based Centre poised to Boost Trade with Nigeria

US Based Centre poised to Boost Trade with Nigeria

A Chicago based NGO, USA Africa Economic and Business Development Center, has pledged to help Nigeria grow its business potentials by partnering potential entrepreneurs to facilitate easy business start-ups, especially for the less-privileged. Beside business promotion, the Centre will also help in encouraging, inspiring and motivating the youth and young adults in entrepreneurship by promoting peace and unity with various participating countries which will in no small measure honour the continent of Africa.   Towards…

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AMCON takes over AfriJet Airlines assets over N10b debt

AMCON takes over AfriJet Airlines assets over N10b debt

*We are reconciling with AMCOM-Tukur Hon. Justice Chuka Austine Obiozor of The Federal High Court Lagos Division has granted an interim injunction against Afrijet Airlines Limited, owned by Chief Vitalis Ibe on the application of Asset Management Corporation of Nigeria (AMCON). The obligor owes AMCON nearly N10 billion. AMCON purchased the Eligible Bank Assets (EBAs) sometime in 2011 from the defunct FinBank and Bank PHB. A director in Afrijet, Alhaji Mohammed Tukur confirmed the development,…

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ASKY takes delivery of new Boeing 737 800

ASKY takes delivery of new Boeing 737 800

ASKY, the Pan African Airlines has taken delivery of its latest NextGen aircraft, the Boeing 737-800. The aircraft was received at Lomé (ASKY’s Hub).   Dignitaries at the event included the Togolese air transport industry authorities among whom were Colonel Gnama Dokissime, Director General of the National Civil Aviation Agency, Mr. Malik Natchaba, Director General of Lomé Tokoin Airport Company (SALT), the overall Managing committee of ASKY Airlines headed by Mr Yemane Fitwi, Director Finance…

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Passengers stranded as aviation fuel hits N170/litre

Passengers stranded as aviation fuel hits N170/litre

 The perennial scarcity of aviation fuel yesterday led to stranding of passengers as marketers raised the price of the commodity from between N114 and N116 to between N150, N160 and N170 per litre depending on the location. In Lagos, aviation fuel, otherwise known as JET A1, goes for N150 per litre, while it costs N160 and N170 in Abuja and Kano respectively. Consequently, passengers across the country’s airports were left stranded as airlines rescheduled their…

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Bi-Courtney aviation services gets new CEO

Bi-Courtney aviation services gets new CEO

In its constant quest to provide better and more efficient services and to consolidate its position as the pacesetter in the Nigerian aviation industry, Bi-Courtney Aviation Services Limited (BASL), operator of Murtala Muhammed Airport Two (MMA2), Lagos, has announced the appointment of Captain Jari O. Williams as its Chief Executive Officer (CEO). The appointment comes as the Management of BASL seeks to consolidate the company’s sterling achievements and reposition as a world class template, even…

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AIB seeks raise in ticket sales charge to 10%

AIB seeks raise in ticket sales charge to 10%

Commissioner, Accident Investigation Bureau (AIB) has called for increase in Ticket Sales Charge (TSA) of what it collect to ten per cent from three per cent, adding that paucity of funds has prevented the agency from carrying out its duties as a responsible accident investigator. The Federal Government statutorily gives five per cent of total revenue made on tickets to the Nigerian Civil Aviation Authority (NCAA), the Federal Airports Authority of Nigeria (FAAN), the Nigerian…

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Liberalisation: Breaking the bilateral web

Liberalisation: Breaking the bilateral web

The global shift has now moved from Bilateral Air Services Agreements (BASA) to air liberalisation in Africa and 21 nations out of 44 countries are already catching the bug, WOLE SHADARE writes The debate This has been the argument. If every nation in the world had an air services agreement with every other nation, it would take about 12,500 bilateral agreements to blanket the globe. Now there are just over 4,000, but that is still…

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N5bn waterway investments under threat

N5bn waterway investments under threat

The Managing Director of Tarzan Marine Enterprises, Mr. Ganiyu Balogun has accused the Lagos State Government through the state’s waterway authority of attempting to put the company’s N5 billion investments in jeopardy. Balogun, who spoke in Lagos accused the Lagos State Waterway Authority (LASWA) of persistent victimisation and harassment despite fulfilling all the agreed terms before commencing ferry services in the state in 2004. Balogun alleged that LASWA officials without recourse to the existing agreement…

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