Africa’s aviation caught in ‘profitless’ growth cycle

Africa’s aviation caught in ‘profitless’ growth cycle

The phrase “more passengers” has become a bitter pill for many African airline owners. While a 6.0% surge in traffic sounds like a success story, the underlying economics of the continent act as a profit siphon, ensuring that most of that revenue never reaches the bottom line, writes WOLE SHADARE Africa’s aviation industry is defined by a striking paradox: it is home to some of the world’s fastest-growing traffic demand, yet it remains the least profitable…

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Green Africa in rebuilding phase, acquires second ATR72-600 airplane, partners Access Bank

Green Africa in rebuilding phase, acquires second ATR72-600 airplane, partners Access Bank

In a significant move for Nigeria’s aviation landscape, Green Africa has followed up on its 2025 milestone by adding a second aircraft to its fleet, further solidifying its “rebuilding” phase and its unique partnership with Access Bank. This acquisition marks a deliberate departure from the volatile leasing models that caused operational disruptions for the carrier in early 2025. By owning its assets, Green Africa is positioning itself as a more stable, “value” carrier with a…

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Cargo charge disinformation, intimation, a threat to national reform

Cargo charge disinformation, intimation, a threat to national reform

The standoff between the Federal Airports Authority of Nigeria (FAAN) and cargo agents has escalated beyond a mere fiscal dispute into a volatile conflict involving allegations of disinformation, intimidation, and sabotage of national reform efforts. As of February 4, 2026, the situation at the Murtala Muhammed Airport (MMA) in Lagos is characterised by a “down tools” action by agents and a rigid enforcement stance by the Authority. But when one scrapes away the emotional rhetoric…

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Prospects, Issues, Concerns over Enugu Airport concession

Prospects, Issues, Concerns over Enugu Airport concession

This project is being viewed as the litmus test for the government’s broader plan to concession the “Big Four” airports (Lagos, Abuja, Kano, and Port Harcourt), writes WOLE SHADARE The concession of the Akanu Ibiam International Airport (AIIA) in Enugu has generated various issues and has reached a critical juncture.  The recent signing of the Enugu Airport concession has brought the long-standing debate over Nigerian airport concessions into sharp focus. Just days ago, the Federal Government…

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Tweaking FAAN’s cargo tariffs after two decades

Tweaking FAAN’s cargo tariffs after two decades

The Federal Airports Authority of Nigeria (FAAN) is set to implement a significant tariff adjustment effective February 2, 2026. This move, which includes a notable 257% increase in cargo charges, is framed by the authority as a vital step toward financial self-sufficiency and infrastructure modernisation. The agency’s  expensive operational costs include runway, maintenance, airfield lighting, staff training and recurrent certification, environmental management (in line with ISO 14001 and the International Civil Aviation Organisation (ICAO standards),…

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Post-Yuletide: Festive bazaar ends as airlines fly empty, return to equilibrium

Post-Yuletide: Festive bazaar ends as airlines fly empty, return to equilibrium

  While the ‘Yuletide bazaar’ saw tickets peaking between N400,000 and N650,000 due to desperate demand, the post-holiday return to normalcy is proving to be a sober reality check for the industry, writes WOLE SHADARE As the “Yuletide Bazaar” winds down, the Nigerian aviation market is experiencing its traditional but sharp correction. The shift from the N300,000– N600,000 peak-season spikes back to low-season pricing is now in full swing, though the floor for these fares…

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How conflicts impact Africa, Middle-East global aviation profitability

How conflicts impact Africa, Middle-East  global aviation profitability

Africa remains the least profitable aviation region globally. The International Air Transport Association (IATA) forecasts that African carriers will generate just $200 million in net profit in 2026—a marginal 1.3% profit margin compared to the global average of $7.90 per passenger. The conflicts in the continent and the Middle-East have the potential to do more damage to aviation profitability, writes WOLE SHADARE The continent has seen conflicts in Mali, Niger, Burkina Faso, Sudan, Libya, and…

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Airlines on cliffhanger

Airlines on cliffhanger

The Nigerian aviation industry is often described as a quagmire—a complex, sticky situation where every attempt to solve one problem seems to trigger another. This goes beyond just high prices; it is a structural trap involving debt, taxes, and a lack of local technical self-sufficiency, writes WOLE SHADARE   To say Nigerian airlines are on a cliffhanger is a perfect metaphor for the suspense and high stakes of the carriers. This month marks a major…

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Hurdles, outlook for Nigerian carriers in 2026

Hurdles, outlook for Nigerian carriers in 2026

The aviation industry in 2025 was mixed. There were numerous benefits that the entire aviation ecosystem derived from the past year. WOLE SHADARE examines the outlook for the airline sub-sector for 2026 The nation’s economy enters 2026 on a trajectory of cautious optimism, having transitioned from post-reform stabilisation to a modest recovery, even if challenges persist. The same could be said of the aviation industry, particularly the airline sector. The International Monetary Fund (IMF) forecasts…

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Aviation Year 2025: Sector at critical reset point

Aviation Year 2025: Sector at critical reset point

Year 2025 was a study in contrasts, defined by significant regulatory and policy milestones set against the backdrop of a severe economic growth crash and record-high airfares, writes WOLE SHADARE In 2025, the sector moved beyond mere survival, hitting several historic milestones that mark a shift from potential to execution. Appraising the Nigerian aviation industry in 2025 reveals a sector at a critical reset point. While the industry is grappling with severe macroeconomic headwinds—specifically high…

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