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  *Airlines benefit from fall in oil price *Nigerian carriers in dire straits   The International Air Transport Association (IATA)  said global airlines are expected to post record profits of almost $40 billion this year, but warned the sector faced threats from terrorism, a sharp rise in oil prices and protectionism. IATA’s Chief Executive Officer, Alexandre de Juniac, who took the reins at the International Air Transport Association on September 1, also called on Southeast…

An Austrian airline is about to make history by offering the world’s shortest international flight. The trip will take passengers from St. Gallen, Switzerland across Lake Constance to Friedrichshafen, Germany—a mere eight minute journey that covers just 12.5 miles. The flight is the first leg of a new, longer route that will take passengers from St.Gallen to Cologne in northwest Germany.   The previous record was a 10 minute flight between Vienna, Austria and Slovakia’s capital…

  *Rewards passengers   To provide greater value and added features for travellers, mega carrier,  Emirates said it has revamped its corporate loyalty programme, Emirates Business Rewards.  The new programme has been simplified and made more competitive to allow for easier redemptions and upgrades even on last minute bookings. One of the biggest features in the newly improved programme is the ability to use Business Rewards Points to book any commercially available seat at any…

The absence of the judge in the trial of the former Managing Director of the Nigerian Airspace Management Agency (NAMA), Ibrahim Abdulsalam in a N6.8billion fraud was stalled at the Federal High Court, Lagos. Abdulsalam is facing trial alongside six of his former Directors and General Managers for allegedly stealing and defrauding NAMA to the tune of N6.8 billion. They were said to have used it for the personal use.   Others facing trial with…

Fifteen years after the Federal Government partnered with the private sector to build aircraft maintenance hangar, the project seems to have been abandoned, WoleshadareNews has learnt. Experts said that the country would have saved over $300 million if the facility were built then, adding that it would cost over $600 million to build one now, considering the depreciation of naira against the dollar. This is coming as there are deafening calls for an aircraft maintenance hangar as…

United States carrier, Delta has concluded plans to offer direct flights to Melbourne Australia  following  announcement of a joint venture partnership between the airline and Virgin Australia. The deal affords them plans to launch nonstop service between Melbourne and Los Angeles in 2017.   The airline disclosed that the new route would strengthen the trans-Pacific network offered by Delta and its partner in the region. “Delta offers a truly superior network of international partners out of Los…

The Lufthansa Group and Air China have signed a wide-reaching partnership agreement in Beijing which will enable the two aviation groups to jointly operate all connections between Europe and China as part of a commercial joint venture. This means that the two companies will successfully implement what they agreed to do as part of a memorandum of understanding in summer 2014. The joint venture aims to significantly expand their mutual code-sharing connections and enhance their…