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  The 54th President, Institute of Chartered Accountants of Nigeria, (ICAN), Alhaji Razak Adeleke Jaiyeola, (2nd left) presenting book to Managing Director, Arik Air, Capt. Roy Ilegbdu, (2nd right), 2nd Deputy Vice President, (ICAN), Mrs.Comfort Olujumoke Eyitayo, (left) and Chairman, Ikeja District Society of Institute of Chartered Accountants of Nigeria (IDSICAN), Mr. Oni Olalere during the ICAN visit to Arik Air at the Murtala Muhammed Airport, Ikeja, Lagos on 18-04-2019: PHOTO:  

Issues notices to aerodrome operators The Federal Airports Authority of Nigeria (FAAN) has concluded plans to withdraw services from Gombe, Kebbi and Bebi airports. In a notice to the operators of the aerodromes made available to Woleshadarenews, the airport authority will shut the airports on May 1, 2019 if all outstanding debts to the agency are not defrayed. Spokeswoman for FAAN, Mrs. Henrietta Yakubu said the listed airports would come under the hammer for now…

 It is an irony of some sorts that while Nigerian carriers are going through tough times, the airlines have maintained a high level of stability, which some operators say is helped by the airlines re-appraising their operations to stay afloat. Woleshadarenews investigation shows that the constant fear of airlines closing shop is no longer there, as many of the airlines are repositioning their operations and cutting loss making routes, particularly the West coast routes. Aviation…

Boeing and Airbus are outdoing each other with latest aircraft. Airlines are doing same, acquiring not only state-of the art airplanes, but spending billions of dollars to reconfigure their upper class cabins, writes WOLE SHADARE who witnessed Virgin Atlantic’s mock-ups cabin layout at its headquarters in Crawley, London The acquisition Longer hull, modified wings, new Rolls-Royce Trent-XWB engines and more robust systems. They are what Airbus plan to deliver to Virgin Atlantic in the summer. The game is…

Airline, unions meet to resolve face-off Aviation unions’ plans to picket Caverton Helicopters tomorrow April 15th over misunderstanding between them and the management of the carrier may have been called off. The unions held a crucial meeting with the carrier today where all matters were resolved just as the management told Woleshadare.net that it had gone beyond its plans before the crisis started to pay all workers laid off their terminal benefits. Aside that, the airline had equally…

  Following the alleged ill-treatment meted on their members working in Caverton Helicopters by men of the Nigeria Police Force (NPF), five aviation unions have concluded plans to picket the airline.  According to the unions, the picketing process will commence on April 15th and 16th 2019 to express their displeasure over the denial of their rights by the police and also the inability of Caverton Helicopters to pay up their members their terminal benefits.  The…

Following the recent fire incident at the Sam Mbakwe International  Cargo Airport,  Owerri,  the  Managing Director of the Federal Airports Authority of Nigeria, Engr. Saleh Dunoma, today, April 11, 2019 paid a visit to the airport. This visit was the second of such from the management of the Authority in two days, as the Director of Engineering  Services of the Authority, Engr Salisu Daura had earlier led a team of Management staff to the airport…

Managing Director and Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has again reiterated that the over N5trillion bad debts, which Nigerians expect AMCON to fully recover before its sunset should be seen as a collective problem that concerns all Nigerians irrespective of their socio-political, ethnic and cultural ideologies. Kuru who was represented by the Executive Director, Assets, Dr. Eberechukwu Uneze, made the declaration when he received a group of…