FEATURES Archives - Page 11 of 34

Delisting: Huge costs, ‘reputational burden’

Posted on September 10, 2024 by Wole Shadare

All is not lost with the delisting of Nigeria from category one US aviation status. The designated carriers to the US have an uphill task of reclaiming it for the country. They can still operate to America but at a higher cost. It appears tricky and very expensive, writes, WOLE SHADARE Hope not lost It may not be a death sentence, but the road to retaining category one looks tough. Airlines are in a precarious situation….

Lease: Convention violation puts Nigeria’s aviation on edge

Posted on September 3, 2024 by Wole Shadare

Several reasons have been adduced for the inability of the country’s carriers to lease aircraft like their counterparts in other climes, writes, WOLE SHADARE The struggle The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo is struggling to win back the trust of aircraft lessors. Many of them are wary and very circumspect about leasing aircraft to Nigerian airline operators. It is not that they do not lease aeroplanes to them, it comes at a…

Nigerian carriers in dire straits

Posted on August 27, 2024August 27, 2024 by Wole Shadare

Nigerian airlines are in dire straits and need urgent intervention to minimize existential threats they are confronted with, writes, WOLE SHADARE Big market, small size The sheer size of Nigeria’s aviation domestic market still considered one of the biggest if not the biggest in Africa makes one think deeply about the precarious state of the industry in Nigeria. Air transportation, however, has failed to fill this gap and the market remains small by the standard…

Fleet depletion, capacity cut, poor services put carriers on the brink

Posted on August 20, 2024August 20, 2024 by Wole Shadare

Airlines have reduced their flight service to many airports, thus selling fewer seats that do not meet the demand of travellers, hence relatively higher prices amid poor services threaten an industry that has potential for growth, writes, WOLE SHADARE Tough times, poor services Nigerian carriers are going through one of their toughest challenges in many years as airlines are grappling to stay afloat. The numbers are drying up. It points to one thing. The carriers are…

Aviation agencies reel under 50% revenue deduction yoke

Posted on August 6, 2024August 6, 2024 by Wole Shadare

The recent hike in en-route navigational charges by the Nigerian Airspace Management Agency (NAMA) before it was upturned by Minister of Aviation and Aerospace Development, Festus Keyamo may have come as a result of survival pressure. The agencies reel under the 50% deduction yoke, writes, WOLE SHADARE Minister overrules The Minister of Aviation and Aerospace Development, Festus Keyamo’s quick intervention in the hike in en-route navigation charges was very timely as it provided the Nigerian…

Fleet depletion, capacity cut, reduced travel put airline business on edge

Posted on July 16, 2024 by Wole Shadare

The vacuum created by the temporary absence of some carriers has created capacity issues for other operators, writes, WOLE SHADARE Scaling down While airlines are scaling up and acquiring aircraft by way of expansion, the country’s airline industry has taken a hit; no thanks to the downturn in the economy and the purchasing power of many Nigerians. Gone are the days when the middle-income earners could afford to engage in luxury and by extension see air…

Protectionism: Barrier to Africa’s air transport liberalisation

Posted on July 9, 2024 by Wole Shadare

Despite very strong protectionism, we are all witnesses to the short life span of most of the African national carriers with an average life cycle of about 15 years maximum. WOLE SHADAREwrites that protectionism as much as it can be defended may have backfired on the continent’s air transport growth Key factor One key component of unlocking air transport connectivity in Africa is through the Single Africa Air Transport Market (SAATM) otherwise known as Africa’s ‘Open…

Aviation half year review: Re-engineering for positive development

Posted on July 2, 2024July 2, 2024 by Wole Shadare

The aviation industry in the first half of the year particularly the last quarter of the year did not perform too badly. However, more efforts must be put into ensuring the success of the entire value chain. WOLE SHADARE writes that the sector including airlines needs the government’s support to succeed The aviation industry in Nigeria for many has witnessed relative stability in the second quarter of 2024 much more different from the first quarter when the…

Africa’s aviation obstacles to reaching 2050 net zero deadline

Posted on June 25, 2024 by Wole Shadare

The aviation industry is increasingly recognizing the importance of adopting sustainable practices to mitigate its environmental impact. However, WOLE SHADARE writes that aside from the huge costs associated with SAF, other factors such paucity of funds that make it difficult for them to acquire newer aircraft may make the 2050 net zero target unrealistic Time frame The disclosure penultimate week at the recently concluded Annual General Meeting of the International Air Transport Association (IATA) held in Dubai,…

Evaluating TRACON, airspace architecture performance 13 years after

Posted on June 18, 2024June 18, 2024 by Wole Shadare

Nigeria was hailed for pulling through the total radar coverage of Nigeria (TRACON) system. That era began the modernisation of the country’s airspace. WOLE SHADARE evaluates the effectiveness of the system 13 years after installation From worse to applause There was a time when Nigerian airspace was categorised as one of the worst in Africa comparable with many others put in that bracket. This was a horrible period in the history of aviation in the…

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