BASA: X-raying profitability optics in Nigerian, Brazilian pact

BASA: X-raying profitability optics in Nigerian, Brazilian pact

The restoration of flight services between Nigeria and Brazil, 31 years after Varig ceased operations to Nigeria, has been received with mixed feelings as investment in the route would determine how far Air Peace and other carriers eyeing the route can go to sustain operations, writes WOLE SHADARE   Nigeria and Brazil, two nations with very strong economies in South America and Africa, inked a multilateral trade agreement last week when President Bola Ahmed Tinubu visited his…

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MMIA rebuild, gross ANS neglect

MMIA rebuild, gross ANS neglect

The plan by the Federal Government to build a brand-new international airport terminal in Lagos has been applauded. Still, the omission of air navigation infrastructure undermines the N712 billion investment in the project. An airport without ANS is a warehouse – a monument to incomplete strategy, writes WOLE SHADARE   The rebuilding of the Murtala Muhammed International Airport (MMA) Terminal One in Lagos initially came with its controversy, given what some described as ‘outrageous’. The plan…

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Safety Breach: K1, pilots’, Emmanson conducts expose Nigeria’s aviation soft underbelly

Safety Breach: K1, pilots’, Emmanson conducts expose Nigeria’s aviation soft underbelly

At a time Nigeria is making an upward trajectory in aviation in terms of policy direction, the loss of sanity by the musician, ValueJet pilots and assault by Comfort Emmanson on Ibom Air’s cabin crew could erode the gains made in the last two years if the matter is swept under the carpet. The International Civil Aviation Organisation (ICAO) is watching. The world is watching, writes WOLE SHADARE   The incident involving popular musician King…

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Appraising Africa’s air travel opportunities with potential for growth

Appraising Africa’s air travel opportunities with potential for growth

The aviation industry in Africa presents both significant opportunities and challenges, with the potential for remarkable growth driven by economic development, rising demand for air travel, and the need for better connectivity across the continent, writes WOLE SHADARE The continent’s aviation industry is poised for growth, due to a rising middle class, increasing international business, and tourism. Countries with higher Gross Domestic Products (GDPs), such as South Africa, Nigeria, Kenya, and Egypt, lead the aviation sector, supported by…

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MRO: Ageing fleet creates significant market opportunity for Nigeria, Africa’s market

MRO: Ageing fleet creates significant market opportunity for Nigeria, Africa’s market

Africa has the oldest fleet average age of any continent in the world. The global average is six years, while in Africa it is 17 years and above. This creates significant aircraft maintenance demands as older ones require more frequent and comprehensive inspection activities to ensure safe operations, writes WOLE SHADARE Nigerian airlines face significant challenges in the area of Maintenance, Repair, and Overhaul (MRO), primarily due to the lack of adequate local facilities. This forces…

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African carriers’ low penetration creates space for foreign airlines’

African carriers’ low penetration creates space for foreign airlines’

Despite the presence of foreign airlines, the African market still offers substantial growth potential. This is particularly true for airlines looking to expand their reach and offer more options travelling to and from the continent, writes WOLE SHADARE Foreign airlines are increasingly viewing the African aviation market as a lucrative opportunity. While European and Middle Eastern carriers have a strong presence, airlines from around the globe are recognising the potential for growth in the region….

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Enugu Air upsets the apple cart amid seat glut

Enugu Air upsets the apple cart amid seat glut

The launch of Enugu Air last week is bringing back optimism that, despite the gloom of the past, a few persons and institutions are still willing to invest in the aviation industry, which is expected to bring back some lost jobs and stimulate the sector again, writes WOLE SHADARE   The launch of Enugu Air, a state-owned airline, has added to the number of airlines in Nigeria. Enugu Air is like a fable; a story…

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X-raying issues, gains of $300 helicopter levy controversy

X-raying issues, gains of $300 helicopter levy controversy

By Wole Shadare     No end in sight The last may not have been heard about the helicopter levy introduced by Naebi Dynamic Concept Limited and approved by the Federal Government. There is no end in sight to the controversy generated by the introduction of a $300 helicopter landing levy for oil and gas companies. The Federal Government under former President Muhammadu Buhari had, through the Ministry of Aviation and Aerospace Development, introduced the…

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Reprieve as dry-lease option beckons for carriers

Reprieve as dry-lease option beckons for carriers

Prospecting in the African continent is difficult ostensibly operating with barely enough working capital. With the Federal Government’s softening of the ground again for dry-leases, WOLE SHADARE writes that it is imperative to take advantage of these lease arrangements to empower Nigerian airlines Reprieve Nigerian airlines face a huge reprieve from aircraft lessors as they are prepared to return to  favourable aircraft lease arrangements with dry leases. The willing carriers are set to return to a cost-effective way…

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Aircraft Supply Crisis: Tripple Whammy On Revenue, Costs, Performance

Aircraft Supply Crisis: Tripple Whammy On Revenue, Costs, Performance

With aircraft production delays stretching into the next decade and maintenance backlogs worsening, airlines are being forced to rethink their expansion plans. Nigerian carriers are already reeling under many issues that threaten their existence. This additional global issue has taken a huge toll on them, compounding aircraft in their feet to an abysmal level, fuelled by an under-capacity problem, writes WOLE SHADARE   Struggle to keep pace Aircraft manufacturers struggle to keep up with demand,…

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