Business

Blessing in disguise The aviation industry in Nigeria in the first quarter 2018 can be described as mixed. Some policy direction and statements have elicited hopes that the sector could move in the right direction if the government puts a lot of commitment to some of the things it planned to achieve. While many are losing hope very fast with the promise of floating a national airline, concessioning of some of the airports, Aerotropolis and…

WOLE SHADARE writes about the inside story of how cruise ships went from pensioners’ pastime to floating cities engaged in an all-out entertainment arms race How does one describe the experience on Symphony of the Seas, regarded as the world’s largest cruise ship? It is one that is difficult to capture in just one article. Symphony of The Seas has just everything.  She is about five times the size of the Titanic. At 362 metres long, you could…

Delivers 56 airplanes in the month                             Airbus booked orders for eight A320 Family single-aisle jetliners in the NEO and CEO versions during March, while delivering 56 aircraft in the month from across the company’s in-production single-aisle and wide-body product lines.  The new business involved six A320neo jetliners for an unidentified customer, and two A321ceo aircraft for Vietnam’s VietJetAir.  Taking bookings and cancellations into account, net orders logged by Airbus during the first three months of…

British Airways’ has expanded its African network by starting a twice-weekly service to the Seychelles. The inaugural flight touched down at Mahé International Airport on Sunday 25 March and the schedule will see flights departing Heathrow’s Terminal 5 on Wednesdays and Saturdays, returning on Thursdays and Sundays. British Airways is the only airline offering a non-stop service from the UK. The service is year-round and is operated by the airline’s newest aircraft, the Boeing 787-9 Dreamliner….

…‘We owe no bank a dime’, repaid N3.1m in full settlement First Nation Airways has again clarified that it does not owe any banking institution (local or abroad) and disputed in good faith any indebtedness to Skyebank Plc. The airline in a statement signed by its media officer, Ademola Daniel and made available to the media stated, “We will vigorously defend our innocence with respect to the charges and are confident that we will obtain justice from…

MMA2 facilities rank among best in the world-Arik’s VP  It is official. Arik Air, Nigeria’s flag carrier airline today, moved its Port-Harcourt flights to the imposing, multi-billion naira Murtala Muhammed Airport 2, popularly called MMA2. For more than ten years, both the management of Arik led by a former owner of Arik, Sir Arumeni Johnson-Ikhide and Chairman Bi-Courtney Aviation Services Limited (BASL) Dr. Wale Babalakin engaged each other in a war of words over relocation…

With skyrocketing cost of Jet A1, is biofuel still considered an alternative to aviation kerosene? WOLE SHADARE asks     Virgin Atlantic lead the way   February 26, 2018 marks the 10th anniversary of the first demo flight on biofuel, which was executed by Virgin Atlantic. Since that day, over 100,000 commercial flights have used low carbon fuels.This is especially amazing since in 2006 when experts were told over and over that biofuel flight would never…

Director of Airports Operations, Federal Airports Authority of Nigeria (FAAN), Captain Rabiu Yadudu has said that the Ease of Doing Business has brought about a lot of efficiency in airport operations and synergy among security agencies. This is just as he said the authority is now a subscriber to the Airport Service Quality Program(ASP) an ICAO program that uses data gathering to help the agency measure its passengers reactions to all levels of its operations…