FEATURES Archives - Page 10 of 35

Addressing Africa’s aviation market share

Posted on February 11, 2025February 11, 2025 by Wole Shadare

The African aviation market has enormous growth potential but lacks a coordinated policy to tap into the burgeoning market. So many factors have conspired to limit the development of the sector in the continent, writes, WOLE SHADARE Defining the future Despite being home to 12% of the world’s population, Africa accounts for only 2% of the global air traffic market. Not a few attribute the discrepancy to several factors, including limited market access, high operational costs…

Flying anxiety spikes over frequent air accidents

Posted on February 4, 2025 by Wole Shadare

The three fatal commercial accidents of the past month — Jeju Air, Azerbaijan Airlines and now American Airlines — are symbolic of a changing aviation landscape. The frequent incidents in Nigeria’s aviation industry are equally assuming an unsettling trend, writes, WOLE SHADARE Strings of accidents/incident The mid-air collision last Wednesday night over the Potomac River near Washington DC is the latest in many global incidents with many air travellers on edge. There are believed to be…

Abuja Airport Runway: Lingering project with no end in sight

Posted on January 28, 2025 by Wole Shadare

The second runway for Abuja airport has lingered for too long with no end in sight for a project whose cost of N534 billion could be regarded as the most expensive in the world after completion with a likely mention in the Guinness World Records, writes, WOLE SHADARE Jinxed? The Abuja Airport’s second runway appears to be jinxed. The plan to give the country’s second busiest airport a second runway has been mired in controversy and…

Arik, AMCON endless messy tango

Posted on January 21, 2025January 21, 2025 by Wole Shadare

The question on the lips of many who have followed the Arik Air saga is how long will this drama continue to play out? WOLE SHADARE examines various positions of the feuding parties Ominous sign It is becoming very clear that Arik Air may be liquidated by the time the Assets Management Corporation of Nigeria (AMCON) vacates all the litigations instituted by the airline’s founder, Mr. Johnson Arumemi-Ikhide. It seems as the only option left to mitigate…

Nigeria’s fast receding, vanishing aviation market

Posted on January 14, 2025January 14, 2025 by Wole Shadare

Robust domestic market The Nigerian domestic market is robust and has elicited wide acceptance by many as one of the biggest in Africa and unarguably the biggest in West Africa propelled majorly by a huge population. The Nigerian airline industry has witnessed a high turnover of domestic airlines since deregulation; generally, many of the local airlines have been short-lived, with many operating for a few years and then folding Two things such as fear of…

NCAA: Rocky road to aviation regulation

Posted on January 7, 2025January 7, 2025 by Wole Shadare

The Nigerian aviation space has witnessed several challenges, even as its regulation has striven to meet global expectations under the watch of the 25-year-old Nigerian Nigeria Civil Aviation Authority (NCAA). WOLE SHADARE writes Reflection Just last week, the Nigerian Civil Aviation Authority (NCAA) rolled out the drums to celebrate 25 years of the aviation regulatory body, otherwise known as the policeman of the aviation industry. Describing the agency as the policeman of the agency gives…

Amid turbulence, 2025 holds promise for aviation

Posted on December 31, 2024December 31, 2024 by Wole Shadare

The year 2024 wasn’t awful for the aviation industry in Nigeria. If anything, it was a year when the country made tremendous progress amid daunting challenges. The year 2025 looks promising for the industry. It is a year that all the planting will be harvested, writes, WOLE SHADARE Roller coaster The aviation industry experienced a roller coaster in 2024 with domestic aircraft mishaps, raising safety concerns, the Federal Government’s game-changing deal with Boeing and aircraft…

Ogun Airport: Redefining Aerotropolis possibility

Posted on December 24, 2024 by Wole Shadare

The Gateway International Airport is 95% completed and should be commissioned in early 2025 bearing no regulatory impediments. It is set to redefine Nigeria’s aviation and economic landscape vision of becoming the country’s first aerotropolis, writes, WOLE SHADARE Airport proliferation In Nigeria, airports are springing up at an alarming rate. Cities of less than 100 kilometres are now been connected by air through aerodromes that state governments are constructing; one as a tool for attracting economic…

African airlines remain financially vulnerable

Posted on December 18, 2024 by Wole Shadare

Despite a recovery in revenue and marginal $0.2 billion profit for African airlines in 2025, there would be no return to profit for the majority of African carriers, writes WOLE SHADARE 2025 financial outlook The financial outlook for 2025 by the International Air Transport Association (IATA), which highlighted that total airline industry revenues are expected to be $1.007 trillion, representing an increase of 4.4% from 2024, is heartwarming and shows the speed at which airlines have recovered…

‘Stingy’ airlines amid exploitative fare inquisition

Posted on December 10, 2024December 10, 2024 by Wole Shadare

The Federal Competition and Consumer Protection Commission (FCCPC) may be waking up late to its responsibility but has picked up the gauntlet to protect consumers’ rights amid alleged exploitative fares by Air Peace and possibly other airlines. This is coming as Aero’s new fare slash is attracting passengers to a relatively quiet airline, writes, WOLE SHADARE Payback time The Christmas period is a period for giving. It is just a show of giving back to…

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