FEATURES Archives - Page 9 of 34

Arik, AMCON endless messy tango

Posted on January 21, 2025January 21, 2025 by Wole Shadare

The question on the lips of many who have followed the Arik Air saga is how long will this drama continue to play out? WOLE SHADARE examines various positions of the feuding parties Ominous sign It is becoming very clear that Arik Air may be liquidated by the time the Assets Management Corporation of Nigeria (AMCON) vacates all the litigations instituted by the airline’s founder, Mr. Johnson Arumemi-Ikhide. It seems as the only option left to mitigate…

Nigeria’s fast receding, vanishing aviation market

Posted on January 14, 2025January 14, 2025 by Wole Shadare

Robust domestic market The Nigerian domestic market is robust and has elicited wide acceptance by many as one of the biggest in Africa and unarguably the biggest in West Africa propelled majorly by a huge population. The Nigerian airline industry has witnessed a high turnover of domestic airlines since deregulation; generally, many of the local airlines have been short-lived, with many operating for a few years and then folding Two things such as fear of…

NCAA: Rocky road to aviation regulation

Posted on January 7, 2025January 7, 2025 by Wole Shadare

The Nigerian aviation space has witnessed several challenges, even as its regulation has striven to meet global expectations under the watch of the 25-year-old Nigerian Nigeria Civil Aviation Authority (NCAA). WOLE SHADARE writes Reflection Just last week, the Nigerian Civil Aviation Authority (NCAA) rolled out the drums to celebrate 25 years of the aviation regulatory body, otherwise known as the policeman of the aviation industry. Describing the agency as the policeman of the agency gives…

Amid turbulence, 2025 holds promise for aviation

Posted on December 31, 2024December 31, 2024 by Wole Shadare

The year 2024 wasn’t awful for the aviation industry in Nigeria. If anything, it was a year when the country made tremendous progress amid daunting challenges. The year 2025 looks promising for the industry. It is a year that all the planting will be harvested, writes, WOLE SHADARE Roller coaster The aviation industry experienced a roller coaster in 2024 with domestic aircraft mishaps, raising safety concerns, the Federal Government’s game-changing deal with Boeing and aircraft…

Ogun Airport: Redefining Aerotropolis possibility

Posted on December 24, 2024 by Wole Shadare

The Gateway International Airport is 95% completed and should be commissioned in early 2025 bearing no regulatory impediments. It is set to redefine Nigeria’s aviation and economic landscape vision of becoming the country’s first aerotropolis, writes, WOLE SHADARE Airport proliferation In Nigeria, airports are springing up at an alarming rate. Cities of less than 100 kilometres are now been connected by air through aerodromes that state governments are constructing; one as a tool for attracting economic…

African airlines remain financially vulnerable

Posted on December 18, 2024 by Wole Shadare

Despite a recovery in revenue and marginal $0.2 billion profit for African airlines in 2025, there would be no return to profit for the majority of African carriers, writes WOLE SHADARE 2025 financial outlook The financial outlook for 2025 by the International Air Transport Association (IATA), which highlighted that total airline industry revenues are expected to be $1.007 trillion, representing an increase of 4.4% from 2024, is heartwarming and shows the speed at which airlines have recovered…

‘Stingy’ airlines amid exploitative fare inquisition

Posted on December 10, 2024December 10, 2024 by Wole Shadare

The Federal Competition and Consumer Protection Commission (FCCPC) may be waking up late to its responsibility but has picked up the gauntlet to protect consumers’ rights amid alleged exploitative fares by Air Peace and possibly other airlines. This is coming as Aero’s new fare slash is attracting passengers to a relatively quiet airline, writes, WOLE SHADARE Payback time The Christmas period is a period for giving. It is just a show of giving back to…

NAMA’s survival hangs in the balance

Posted on November 26, 2024November 26, 2024 by Wole Shadare

The 50 per cent revenue reduction of the various aviation agencies has continued to dominate the discourse. The hardest hit is the Nigerian Airspace Management Agency (NAMA). The agency is in serious financial dire strait and looking for ways to survive, writes, WOLE SHADARE Survival The survival of the Nigerian Airspace Management Agency (NAMA) is more than ever going to be tested in the next few months as the agency requires enormous funds to keep up…

Pilots working for two airlines expose aviation underbelly

Posted on November 19, 2024November 21, 2024 by Wole Shadare

Working for two airlines simultaneously is the highest level of exposing the aviation industry to risk. In truth, pilots aren’t supposed to work for two airlines, since there’s no way to manage rest in a situation like that, writes, WOLE SHADARE Quick intervention The timely intervention of the Nigerian Civil Aviation Authority (NCAA) to nip in the bud the practice by pilots of flying for multiple airlines at the same time is commendable. For the…

Reduced travel signals airlines’ struggle

Posted on November 12, 2024 by Wole Shadare

Air travel is one of the barometers to gauge the health of a nation. Whenever a country is doing well, it will reflect on the number of people that travel by air, writes, WOLE SHADARE Nigerian aviation is not a stand-alone. It is part of the bigger economy of Nigeria and contributes to the Gross Domestic Product (GDP). Aviation is the quickest barometer to check any economy. A visit to some of the airports particularly the…

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