News Archives - Page 29 of 381

FAAN MD: Multiple screening layers cause chaotic travel experiences at airports

Posted on February 7, 2024 by Wole Shadare

Says Lagos airport runway ready soon The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku has expressed concern over multiple travel experiences at many of the country’s airports, particularly the international aerodromes. The FAAN boss advised that security agencies should be consolidated to ensure that passengers undergo one seamless screening process. The fact that presently passengers have to undergo multiple screening layers, she added, leaves them with bad…

NANTA, IATA in talks to stave off showdown over lower fare inventories

Posted on February 6, 2024February 6, 2024 by Wole Shadare

There are indications that foreign airlines operating to Nigeria are considering releasing cheaper ticket inventories following the release of the airlines’ trapped funds by the Central Bank of Nigeria (CBN). A top official of the National Association Nigerian Travel Agency (NANTA) who disclosed this to Aviation Metric said the group has held a strategic meeting with the International Air Transport Association (IATA) with a view to the airlines opening their lower ticket inventory for passengers from Nigeria….

Airbus, Zenith’ s Ibom Air’s A220 financing pivotal moment for Africa’s aviation

Posted on February 2, 2024 by Wole Shadare

Nigeria’s promising carrier, Ibom Air received a major boost for aircraft financing as Zenith Bank and aircraft giant, Airbus have successfully closed financing for Ibom Air’s first A220, signaling a pivotal moment for African aviation. With Zenith Bank’s commitment to supporting regional carriers and Airbus’s endorsement, this collaboration addresses funding challenges and fosters a sustainable aviation ecosystem in Nigeria and beyond, highlighting the continent’s promising aviation sector potential. The agreement between Ibom Air…

$700million airlines’ funds with commercial banks, FG clears backlogs

Posted on January 30, 2024 by Wole Shadare

IATA welcomes govt’s action The International Air Transport Association (IATA) said it welcomed the Central Bank of Nigeria’s (CBN) announcement of the release of an additional $64.44 million in blocked airline funds. IATA in a statement made available to Aviation Metric said it was consulting with its airline members to verify the release of their revenues. It noted that while it was encouraging, it stated that it is crucial to recognize that approximately $700 million remains…

Kuku pledges support aviacargo roadmap project

Posted on January 27, 2024 by Wole Shadare

The Managing Director of the Federal Airport Authority of Nigeria (FAAN) Mrs. Olubunmi Kuku has pledged her support for the growth and development of Aviacargo in Nigeria. She made this pledge when she met the coordinator of the aviacargo roadmap committee, Ikechi Uko along with some Staff of FAAN at the Lagos Head office. Cargo she said is a major focus of the new administration, stressing that every effort that would Nigeria ascend in air…

Airbus Helicopters delivers solid sales performance in 2023

Posted on January 23, 2024 by Wole Shadare

In 2023, Airbus Helicopters logged 410 gross orders (net: 393), highlighting a steady market recovery with a strong performance this year for the light twin and medium twin helicopters. Orders came from 179 customers in 47 countries. The company delivered 346 helicopters in 2023, resulting in a preliminary 54% share of the civil and parapublic market. “Airbus Helicopters’ order intake in 2023, with an increase bordering 10 percent in units in comparison to 2022, highlights its stable growth despite the ongoing…

Total Radar Coverage Of Nigeria For Upgrade 13 Years After

Posted on January 20, 2024January 20, 2024 by Wole Shadare

Facility estimated to gulp N23b in 2022 The Minister of Aviation and Aerospace Development, Festus Keyamo had met with renowned France-based global air surveillance radar provider, Thales over the upgrade of the country’s radar system. In 2022, it was estimated that the planned upgrade of TRACON commissioned 13 years ago would cost N23bn while the Safe Tower Project (STP) and the Wide Area Multilateration (WAM) system, a surveillance facility to cover the Gulf…

FAAN: Relocation done to stop waste of public resources

Posted on January 18, 2024January 18, 2024 by Wole Shadare

Movement to Abuja ill-advised-Orah Authority to build befitting permanent headquarters The Federal Airports Authority of Nigeria has stated that the relocation of its headquarters from Abuja to its original base in Lagos came to fruition after wide consultation by the new management of the agency with stakeholders which they admitted was in the interest of the authority and country. Director of Public Affairs and Consumer Protection, Mrs. Obiageli Orah in a statement late on…

Firm acquires data facilities to capture helicopter operations in Nigeria

Posted on January 18, 2024January 18, 2024 by Wole Shadare

An indigenous operator in the Aviation sector, NAEBI Dynamic Concepts Limited is acquiring additional equipment to enhance its service delivery. The company is acquiring information technology tracking devices, body-worn cameras, control room complete facility rack fitted amongst other support information technology facilities that will capture and relay data for helicopters flying in and out of Nigeria. Managing Director/ Chief Executive Officer of NAEBI Dynamic Concepts Limited, Mr. Chike Stanley stated that the move to re-fleet…

SAHCO manager, others arraigned over alleged smuggling of banned drug

Posted on January 16, 2024January 16, 2024 by Wole Shadare

The National Drug Law Enforcement Agency, NDLEA on Tuesday arraigned an Assistant General Manager (AGM) of Skyway Handling Company, SAHCO, Olajide Ahmed Kafidipe, alongside seven staff members of the company on charges bordering on conspiracy, unlawful importation, and possession of 1,440.90 kilograms of Tramadol. They were arraigned before Justice Deinde Isaac Dipeolu of a Federal High Court, Ikoyi, Lagos. Those arraigned alongside the AGM are Sanyaolu Rasheed Oladele, Musa Mutalib Opeyemi, Sanamo Alla Daniel, Anuge…

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