FEATURES Archives - Page 12 of 34

Air transport, soft target for labour unrest

Posted on June 11, 2024 by Wole Shadare

The aviation industry has come under severe disruptions whenever labour unions call out their members for protest. It is seen as a soft target for protesters and its damaging effects on an industry that is on life support, writes, WOLE SHADARE Familiar feature Hardly six weeks goes by without the announcement of a strike in air transport in all its components: flight crews, airline ground staff, airports, handling agents, the Nigeria Labour Congress (NLC) and air…

BA: Consolidating presence in Nigeria with improved lounge

Posted on June 4, 2024June 4, 2024 by Wole Shadare

When it comes to premium travel, British Airways prides itself as one of the leaders. Its newly refurbished First and business class lounge opens a new vista to giving high network passengers a new customer experience, writes, WOLE SHADARE Continuous improvement One of the world’s biggest carriers, British Airways may have cemented its position as a leader in the Nigerian aviation market just as the carrier is investing millions of pounds to improve its premium customers’…

Visa: Remediating African obstacles

Posted on May 28, 2024 by Wole Shadare

Embracing liberal visa policies will not only facilitate seamless travel but also contribute significantly to enhanced trade in goods and services, cross-border investment and shared prosperity, writes, WOLE SHADARE Visa-free Africa Lots of commentators/observers (international and local) have argued on the issue of a Visa-free Africa, being the route to Africa’s integration. Some have said it’s necessary for a liberalised Africa and easy movement of Africans across borders, free movement of goods and services and…

‘Open Skies’ albatross for Nigerian carriers

Posted on May 21, 2024 by Wole Shadare

Despite a five-year head start, US carriers trump Nigerian carriers in the unrestricted capacity and frequency of service, writes, WOLE SHADARE Solidifying ‘Open Skies’ The US-Nigeria ‘Open Skies’, agreement which has been provisionally applied since 2000 entered into force on May 13, 2024. The agreement includes provisions that allow for unrestricted capacity and frequency of services, open route rights, a liberal charter regime, and open code-sharing opportunities between the two countries. “This bilateral agreement establishes…

Exploring the economics of private jet charter business

Posted on May 14, 2024 by Wole Shadare

Private jet demand is booming as charter rather than ownership is becoming a cost-cutting measure for the wealthy and busy CEOs, writes, WOLE SHADARE Hard times The reality of the harsh global economy is making the ownership of private jets no longer something multi-billionaires now fancy. Even people who are not in the billionaire club but had once desired to own their jets as a result of the enormous financial resources they are surrounded with no…

MRO: Assessing African airlines’ maintenance paradox

Posted on April 30, 2024 by Wole Shadare

MRO in Africa is locked in a chicken-and-egg paradox. African airlines often lack the scale needed to invest in new MRO capabilities. This means they must look further afield for MRO services, needing substantial time and cost and reducing their ability to grow. WOLE SHADARE who was at the MRO Africa summit in Addis Ababa, Ethiopia writes on the challenges the continent’s carriers are faced with Potential Africa has the greatest potential for growth in the aviation…

How Nigeria’s risk rating exposes airlines to expensive wet-lease

Posted on April 23, 2024April 23, 2024 by Wole Shadare

Nigeria is the largest market in Africa. The potential is there. The market is large. The country seems to be getting its act together as it tries to exit aircraft lessors’ ‘blacklist,’ writes WOLE SHADARE High risk The consensus is that aircraft lessors and financiers are still reluctant to lease or finance aircraft to African operators, which are considered high risk relative to other placement opportunities. The reason is that prospecting in the African continent…

Price war: Savouring int’l route amid frustrating domestic fare conspiracy

Posted on April 16, 2024April 16, 2024 by Wole Shadare

In the battle to capture the customer, companies use a wide range of tactics to ward off competitors. Increasingly, price is the weapon of choice—and frequently the skirmishing degenerates into a price war. WOLE SHADARE writes that while travellers are excited about the London price war, the domestic sector is allegedly witnessing price collusion Price appeal Creating low-price appeal is often the goal, but the result of one retaliatory price slashing after another is often a…

Q1 REVIEW: Cautious optimism towards robust growth

Posted on April 9, 2024 by Wole Shadare

The aviation industry in the first quarter of 2024 can be described as mixed. The sector in Nigeria is grappling with so many challenges but there is hope that the managers of the sector are poised to tackle the myriad of issues confronting it, writes, WOLE SHADARE Age long decay Many of the country’s aviation woes have been there for decades with various governments that came after doing their best but how best had their best…

Seeking solution to dearth of skilled manpower, ageing workforce

Posted on April 4, 2024 by Wole Shadare

Manpower development could be ensured via scholarships and sponsorships from organisations and well-meaning individuals, especially to young aviators as this is fundamental to the sustainable development of the sector, writes WOLE SHADARE Survey outcome Fourty-five per cent of industry leaders in a recent survey identified a labour shortage in the maintenance technician field as the most urgent challenge in aerospace and aviation. Global demand for aviation skills is set to overtake supply by 2027 with…

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