News Archives - Page 30 of 382

NAMA fosters cooperation with Nigerian Air Force to enhance airspace safety

Posted on February 22, 2024 by Wole Shadare

In a bid to bolster security across the country and airspace safety, the Nigerian Airspace Management Agency (NAMA) is solidifying its cooperation with the Nigerian Air Force. The Managing Director of NAMA, Engr. Ahmed Umar Farouk on Thursday engaged with the Chief of Air Staff, Air Marshal Hassan Abubakar on the need for deepening collaboration during a courtesy visit to the Nigeria Air Force chief at the Nigerian Air Force headquarters in Abuja. Farouk affirmed…

Low patronage forces fare adjustment amid airlines’ rising operational costs

Posted on February 12, 2024February 12, 2024 by Wole Shadare

Passenger traffic shrinks, carriers lament A sharp reduction in the number of people that travel within the country and the harsh economic reality may have unwillingly forced airlines to adjust fares downward despite the myriad of challenges the carriers are faced with. Fares which jumped astronomically in July 2023 from N50,000 to between N80,000 and N100,000 for a way trip to Lagos from Abuja or to Lagos to Port-Harcourt have reverted to N65,000…

NiMet workers to down tools over 45 months wage arreas, unions issue 14-day ultimatum

Posted on February 10, 2024 by Wole Shadare

Seek probe of staff employed in 2018 The National Union of Air Transport Employees (NUATE), the Association of Nigeria Aviation Professionals Amalgamated Union of Public Corporation Civil Service Technical and Recreational Services Employees (AUPCTRE), and the Association Nigeria Aviation Professionals (ANAP) have given the Nigerian Meteorological Agency (NiMet) a 14-day ultimatum to pay outstanding 45-month arrears of minimum wage consequential adjustment which they said has remained unpaid since 2022. The unions in a letter…

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…

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