“We have repaid our N3.1B loan to Skye Bank”-FirstNation

“We have repaid our N3.1B loan to Skye Bank”-FirstNation

      Denies fraud allegation against Odukoya     Why we instituted legal action against Bank     FirstNation has denied that its Managing Director, Mr. Kayode Odukoya took a personal loan from Skye Bank, adding his relevance is solely in his capacity as  the CEO of FirstNation.   The airline in a statement by Ademola Daniel and made available to our Woleshadare.net, the carrier vehemently denied the allegation of fraud and forgery against the airline…

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Etihad Aviation  Training Relaunched in Abu-Dhabi

Etihad Aviation  Training Relaunched in Abu-Dhabi

World Class Services Offered For First Time To External Customers Abu Dhabi, United Arab Emirates – Etihad Aviation Training, part of Etihad Aviation Group, has relaunched its world-class aviation training organization with the aim of becoming one of the most comprehensive aviation training facilities in the world. Based at two locations in the emirate of Abu Dhabi, Etihad Aviation Training, previously known as Etihad Flight College, is a commercially-focused business open to external customers, while retaining…

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Nigeria, Ghana begin probe into Arik’s ‘serious incident’-AIB

Nigeria, Ghana begin probe into Arik’s ‘serious incident’-AIB

Passenger recount ordeal, plane declared emergency   Nigeria’s Accident Investigation Bureau (AIB) and the Ghanaian authorities have commenced investigation into a serious incident on Arik Air Flight W3304 which occurred on March 6, 2018.  The disclosure was made yesterday by Commissioner, AIB, Akin Olateru, an aircraft engineer in a statement made available to Woleshadarenews. He confirmed that the indeed occurred and classified it as ‘serious incident’ in accordance with the International Civil Aviation Organisation (ICAO) Annex…

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ET Links Buenos Aires with Africa today with all-women operated flight

ET Links Buenos Aires with Africa today with all-women operated flight

Ethiopian Airlines has announced that it has started five weekly flights to Buenos Aires, Argentina, as of today March 8, 2018. Buenos Aires is the world’s capital of Tango, home of centurion old buildings and a vibrant cultural scene. Argentina is one of the largest economies in Latin America and Buenos Aires is the 2nd largest city in South America with a population of over 13 million. Group CEO of Ethiopian Airlines, Mr. Tewolde GebreMariam, said,…

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Virgin Atlantic unveils multi-million pound investment in economy

Virgin Atlantic unveils multi-million pound investment in economy

 From Spring 2018, customers to choose ‘economy delight, ‘economy classic’ or ‘economy light’ Virgin Atlantic has announced the launch of three new ways to fly economy as part of a multimillion pound investment in the cabin for the 21st century traveller. Recognising that one size doesn’t fit all, from spring 2018 Virgin Atlantic will introduce ‘economy delight, ‘economy classic’ and ‘economy light’ tickets. The three new ways to fly will allow customers to choose the…

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We are ready for audit, Dana tells FG

We are ready for audit, Dana tells FG

  Pilot has 30 years’ experience Dana Air said it welcomed recent audit ordered by the Federal Government, saying it was willing to work with the team and the FG to demonstrate its commitment not just to flying but to flying safe. Spokesman for Dana Air, Mr. Kingsley Ezenwa in a statement noted that the pilot of that flight is a happily married man and a proud father of three beautiful children.  He is said to have…

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AIB releases preliminary reports on Delta, DANA Air, Nestor Oil serious incidents

AIB releases preliminary reports on Delta, DANA Air, Nestor Oil serious incidents

The Accident Investigation Bureau (AIB) has released the preliminary report for the on-going investigation into the serious incidents involving Delta Air Airbus A330-223 aircraft with registration N858NW, which occurred after take-off from Murtala Muhammed International Airport, Lagos on February 13, 2018. The Bureau also released the preliminary reports on the accident involving the DANA Air MD – 83 marked 5N-SRI that overran the runway at the Port Harcourt International Airport on March 5,2018 and the…

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Low fares changing Nigerian airlines’ market dynamics

Low fares changing Nigerian airlines’ market dynamics

The low fare ticketing prices are not sustainable for airline operators despite huge population that are not taking to flying. WOLE SHADARE writes   Liberalisation The year 1990 was a landmark one for the airline industry. It was the year airline liberalisation was introduced in Nigeria. Following the liberalisation, many airlines set up operation across the country and started to challenge the dominance of traditional full service carriers like Nigeria Airways. This translated to better…

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Airport security breach: FAAN moves to tackle menace

Airport security breach: FAAN moves to tackle menace

  The last few months had been herculean for the Federal Airports Authority of Nigeria (FAAN) as there were so many cases of security breach. First was the allegation of poaching of aircraft, which started late last year. This transcended beyond that to cows resting on the runway of the Akure airport in Ondo State. Under intense pressure to prevent people from runways and planes at some of the country’s airports, particularly the Murtala Muhammed…

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US Category one retention: More Nigerian carriers to take advantage of success story

US Category one retention: More Nigerian carriers to take advantage of success story

 With the retention of the Federal Aviation Administration (FAA) category 1 status, the Nigeria Civil Aviation Authority (NCAA) has assured that Nigerian registered aircraft will continue to enjoy the privilege of flying directly into the United States air space without hindrances. Nigeria scaled the hurdle of the audit of the safety status of the country’s civil aviation industry recently, making it to obtain, yet again another Cat-1-Status. The retention of the Cat-1-Status is coming barely…

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