News Archives - Page 265 of 383

Need for sustainable rescue of Nigeria’s aviation

Posted on August 1, 2017 by Wole Shadare

Nigeria’s aviation sector is plagued by many issues. It is not as if other countries are immuned from aviation sector challenges, but they have a way of working around it. In Nigeria, there are issues crippling the industry, stagnating its growth and that of the economy. Concerning the airlines, experts maintain that the problems of indigenous carriers are that they find it difficult to source for funds, as government introduces policies and regulations that infringe…

Operators panic as NCAA moves against foreign registered aircraft

Posted on July 31, 2017July 31, 2017 by Wole Shadare

Private jet owners operating foreign registered airplanes are in panic mode as the Nigerian Civil Aviation Authority (NCAA) will not allow them to operate their equipment after six months grace given to them to deregister them. The aviation regulatory body said it won’t back down on its regulations, just as the owners of some of the expensive aircraft are crying foul, saying the NCAA plans to run them out of business. Speaking with Woleshadarenews on…

Olateru: Over 30 accident probe reports pending

Posted on July 31, 2017 by Wole Shadare

Akin Olateru is Commissioner, Accident Investigation Bureau (AIB). In this interview with WOLESHADARE, he speaks on the concession of five per cent from Passenger Service Charge (PSC) revenue allocation to the agency, which seems to have unsettled some stakeholders. He also speaks on his plans to revamp the agency and turn its accident investigation laboratories to research institutions. Excerpts There is so much controversy over concession of five per cent revenue to AIB from FAAN’s Passenger Service…

FAAN: Reaping The Gains of Executive Order

Posted on July 30, 2017 by Wole Shadare

Exercising presidential order, Acting President Yemi Osinbajo, signed three executive orders on May 18th, 2017. The three executive orders signed by the Acting President are: the promotion of transparency and efficiency in the business environment, set to facilitate ease of doing business in Nigeria; support for local content in public procurement by the government and timely submission of annual budgetary estimates by all statutory and non-statutory agencies. Airports businesses fall majorly on the aspect…

First Nations loses appeal, to pay N33.5m for safety violation

Posted on July 30, 2017July 30, 2017 by Wole Shadare

A five- man Appeal panel has upheld and reaffirmed the civil sanctions imposed on First Nation Airways and one of its pilots by the Nigerian Civil Aviation Authority (NCAA). This was contained in the Report submitted by the Panel to the regulatory authority at the conclusion of the sitting. First Nation Airways had earlier filed an appeal following a Letter of Sanction written to the airline on the 23rd of January 23rd, 2017. It will…

Etihad Airways records net loss of $1.87 billion for 2016

Posted on July 28, 2017 by Wole Shadare

Etihad Airways has announced its 2016 financial results, recording a net loss of $ 1.87 billion on $ 8.36 billion in revenues as one-off impairment charges and fuel hedging losses weighed against a solid performance of the core airline. The core airline business achieved steady passenger revenues of $ 4.9 billion and 79% load factors while carrying a record 18.5 million passengers. Available seat kilometres (ASKs) increased by 9% to 113.9 billion. Yields…

Air France floats new airline, Joon

Posted on July 28, 2017 by Wole Shadare

Air France presents its new airline, Joon, which will start operating medium-haul flights from Paris-Charles de Gaulle this autumn, followed by long-haul flights in summer 2018. Joon is especially aimed at a young working clientele, the millennials (18 to 35 year-olds), whose lifestyles revolve around digital technology. This new brand has been entirely designed to meet their requirements and aspirations, with an authentic and connected offering that stands out in the world of air…

Woman delivers baby over Atlantic on board Lufthansa flight

Posted on July 27, 2017 by Wole Shadare

Doctors took delivery of a baby on board Lufthansa German Airlines. The birth took place over the Atlantic. The carrier in a statement confirmed that a passenger gave birth on board during the flight LH543 from Bogota on the way to Frankfurt. The flight started at 21:00 local time in Bogota on July 25th, 2017.. Three doctors were said to be on board and supported the crew during the delivery. In order provide the best medical care and assistance…

Appeal Court grants NIWA powers to regulate intl, intra-state waterways

Posted on July 27, 2017 by Wole Shadare

Takes case to Supreme Court The National Inland Waterways Authority (NIWA) has faulted reports that credited to the Lagos State Governor, Mr. Akinwunmi Ambode that the Court of Appeal, Lagos Division had set aside the Federal High Court judgment which empowered the National Inland Waterways Authority (NIWA) to regulate inland waterways including dredging activities and has now empowered Lagos State to regulate same within Lagos State. The management of NIWA in a statement made…

Airbus delivers 100th A350 XWB

Posted on July 26, 2017July 26, 2017 by Wole Shadare

The fastest wide-body production ramp-up for the leading manufacturer Airbus has delivered its 100th A350 XWB, just some 30 months after the first delivery of the world’s most modern wide-body aircraft in December 2014. The 100th aircraft delivered is an A350-900 for China Airlines. “The 100th A350 XWB milestone comes as we reach our fastest widebody production ramp-up, on track to meet the target of 10 A350 deliveries per month by the end of 2018,” said Fabrice Bregier,…

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