Poor aircraft utilisation, airlines’ albatross

Poor aircraft utilisation, airlines’ albatross

Nigerian airlines have about the lowest aircraft utilisation in the entire world. Having utilisation of about six hours in a 24-hour period while their counterparts in other countries have between 16 to 18 hours of aircraft operations show how difficult it would be for them to meet operating costs, Writes, WOLE SHADARE   Eye opener A visit to the domestic wing of the Murtala Muhammed Airport, Lagos Saturday night revealed a stark reality about airline operations…

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Interrogating NCAA’s six aircraft policy for start-ups, existing carriers

Interrogating NCAA’s six aircraft policy for start-ups, existing carriers

The new six-aircraft policy of the NCAA for start-ups and existing carriers could set the stage for more problems and erode gains made over the years. Emirates which has over 400 airplanes today started with two airplanes. Ethiopian Airlines which has become a success story in Africa started with just two airplanes to have over 150 aircraft in its fleet. The new policy which is expected to commence in 2025 is anti-aviation development, writes, WOLE…

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Nigeria’s aviation space struggling to harness potential @ 63

Nigeria’s aviation space struggling to harness potential @ 63

The aviation industry in Nigeria has evolved over time in the past 63 years. The sector has made an appreciative impact on one hand and faces numerous other challenges that have hampered it from achieving its potential. The growth in the sector took a long time to achieve. The question is: Is the sector supposed to remain where it is today? The answer is no, writes WOLE SHADARE Peep into sector Despite the aviation industry being…

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Reflection on Nigeria’s poor ICAO audit performance

Reflection on Nigeria’s poor ICAO audit performance

It is no longer news that Nigeria did not do well in the recent International Civil Aviation Organisation (ICAO) assessment. The country through the NCAA has an opportunity to close the yawning gaps identified by the ICAO team. The audit has shown where we are as a country, writes, WOLE SHADARE Talking points The recent audit of Nigeria’s aviation industry by the International Civil Aviation Organisation (ICAO) Universal Safety Audit Program Continuous Monitoring Approach (USOAP)- CMA may have…

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Correcting new Lagos airport terminal defects amid attendant chaos

Correcting new Lagos airport terminal defects amid attendant chaos

  The alluring aesthetics and in-built facilities at the new Lagos International Airport Terminal are a good riposte for the long wait and yearnings of modern air travellers. The long wait for the use of the terminal is over but it is one that comes with pain, chaos, and gridlock, as the multi-million dollar facility is put into use, writes, WOLE SHADARE Making of a defective terminal Not a few people were taken aback when…

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Keyamo racing against time to fix ‘ailing’ aviation sector

Keyamo racing against time to fix ‘ailing’ aviation sector

The Minister of Aviation, Mr. Festus Keyamo is actually racing against time to fix many of the issues he inherited in the aviation industry. His time actually starts now. His tenure would be judged by the level of impact he makes in the next four years. He looks capable of turning the tide to reposition the country’s aviation sector, writes, WOLE SHADARE Reactions The appointment of a lawyer and a human rights activist, Mr. Festus Keyamo…

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Ethiopian Airlines: Disruptive innovation, piecemeal approach to expansion

Ethiopian Airlines: Disruptive innovation, piecemeal approach to expansion

This aviation colonialism’ fits in well with Ethiopian Airlines’ 15-year strategic plan dubbed “Vision 2025” and its strategic expansion plans, writes, WOLE SHADARE  Success story Africa’s biggest and most profitable airline, Ethiopian Airlines has become the biggest airline brand in Africa. Year-on-year, the carrier keeps posting amazing profits and acquiring some of the best and most sophisticated aircraft, especially from the two biggest aircraft makers, Boeing and Airbus. Ethiopian Airlines has an amazing success story that truly…

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The allure of airline business amid vanishing profit margin

The allure of airline business amid vanishing profit margin

In recent times, the airline industry has taken a hit as far as profitability is concerned. With multiple avenues directed toward increasing costs for the industry. Circumstances of the present create a unique environment for lower profit margins, writes, WOLE SHADARE The big question The question on the lips of many is why are businessmen, money bags, and aviation enthusiasts showing a remarkable interest in aviation, particularly the airline business if the profit margin is very…

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Merger, consolidation pipe dreams for Nigerian airlines

Merger, consolidation pipe dreams for Nigerian airlines

To create revenue and cost synergies, Nigerian carriers would need to work harder to realise corporate integration, operational harmonisation, and centralised administration and governance, writes, WOLE SHADARE Different scenarios Since 2000, the number of major airlines operating in the United States has shrunk. A series of mergers and acquisitions saw three powerhouse airlines emerge; Delta Air Lines, United Airlines, and American Airlines. Between them, these three airlines now have around half of the overall US domestic…

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Nigeria trails SA, Egypt, Kenya, others in aviation GDP index despite $1.7 billion growth

Nigeria trails SA, Egypt, Kenya, others in aviation GDP index despite $1.7 billion growth

A comparative analysis of aviation’s contribution to Nigeria’s Gross Domestic Product (GDP) pales into insignificance with its selected peers in Africa. It is an indication that despite the slow progress made, the country’s aviation is still way behind Kenya, South Africa, and Egypt among others, writes, WOLE SHADARE Nigeria’s aviation size How big is Nigeria’s aviation industry?  About three years ago, the International Air Transport Association (IATA) recognized that the country’s air transportation sector contributed over $1.7…

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