Trapped funds: CBN to release another $150 million to international airlines

Trapped funds: CBN to release another $150 million to international airlines

The Central Bank of Nigeria (CBN) has concluded plans to release another tranche of $120 million to international airlines whose stuck funds are yet to be cleared. While the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele said on Monday that the bank will release $120 million of trapped funds owed to international airlines operating in the country, another source with one of the international carriers told Aviation Metric under a condition of anonymity said the country’s…

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ATCT launches Eazi Travel, OTA for dynamic travel market

ATCT launches Eazi Travel, OTA for dynamic travel market

  Travel now, pay later Everyone loves to travel. Nowadays, the number of travellers has increased tremendously. While the initial thought of a journey arise in the mind, African Tourism Corporate Travel (ATCT) has launched Eazi Travel, an Online Travel Agency (OTA), a web-based marketplace that would reach out to more travelers globally. ATCT is ensuring that the traditional model of making a personal visit to any of the travel agencies and placing the booking has…

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Travel firm, Partners HC donates passport waiting lounge to NIS, commission project

Travel firm, Partners HC donates passport waiting lounge to NIS, commission project

As part of its corporate social responsibility, Partners HC Company, a reputable travel management company and the Nigerian Immigration Service (NIS) have commissioned a waiting lounge donated by the aviation firm at the Ikoyi passport office, Lagos. Partners HC in its magnanimity deemed it fit to embark on the project from foundation to finish with the sole aim of providing NIS-teeming customers the comfort they deserve while waiting for the sorting and subsequent collection of…

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AFARN lauds NAMA over safety tools, holds safety summit Marwa, others get awards

AFARN lauds NAMA over safety tools, holds safety summit Marwa, others get awards

President, of the Association of Foreign Airlines (AFARN), Mr. Kingsley Nwokoma has lauded the initiative of the Nigerian Airspace Management Agency (NAMA) for the upgrade of navigational facilities across the country, stressing that many of the security and surveillance equipment would help greatly to detect the activities of oil thieves and people with nefarious activities. He particularly praised the upgrade would also occur to nine Monopulse Secondary Surveillance Radars (RSM 970M) to cover the following stations…

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Virgin Atlantic takes delivery of first A330neo

Virgin Atlantic takes delivery of first A330neo

Virgin Atlantic has taken delivery of its first Airbus A330neo aircraft leased from Air Lease Corporation (ALC) (NYSE: AL). The A330neo will play a crucial role in the company’s fleet transformation and also marks the 50th Airbus aircraft for the UK-based airline. Virgin Atlantic will become the first operator of the type in the UK and has ordered 13 A330neo aircraft (six on lease from ALC) with an intention to expand the fleet to 16 eventually. The…

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TAAG Angola, union reach truce, end strike

TAAG Angola, union reach truce, end strike

TAAG Angola Airlines and the Pilots Union reached an agreement. After a new round of negotiations, the strike formally ended. TAAG is now rescheduling the global flight plan (domestic and international routes) to accommodate passenger needs, as this process may take 2 to 5 days to be fully implemented. Despite all pilot’s availability being restored the aircraft leased concerning TAAG’s contingency plan will continue to operate. The goal is to accelerate the back to normal…

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Angola newest country in Africa to join BSP

Angola newest country in Africa to join BSP

The International Air Transport Association (IATA) launched the Billing and Settlement Plan (BSP) in Angola, effective October 1. BSP is a system designed to facilitate and simplify the selling, reporting, and remitting procedures of IATA-accredited travel agents, facilitating the engagements between airlines and their distribution partners. The BSP is a global system with operations in 181 countries and territories, over 40 of which are in Africa and the Middle East. The system currently serves more…

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African airlines passenger traffic up 69.5%, 1.0% increase in air cargo – IATA

African airlines passenger traffic up 69.5%, 1.0% increase in air cargo – IATA

Global air traffic reaches 73.7% of pre-crisis levels     IATA reported a 67.7% upsurge in August 2022 air traffic, compared to the same month in 2021, mirroring a continued strong rebound in the air travel sector, with global traffic at 73.7% of pre-crisis levels. The International Air Transport Association (IATA) reported on Thursday a 67.7% upsurge in air traffic in August 2022 — measured in revenue passenger kilometres (RPKs) — compared to the same…

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Lemma, Keddle get key AfBAA appointments

Lemma, Keddle get key AfBAA appointments

The African Business Aviation Association (AfBAA) has announced two new appointments aimed at driving growth and providing increased support to AfBAA members. The new appointees are Mr. Dawit Lemma, as AfBAA Vice President, International, based in Addis Ababa, Ethiopia, and Ms. Samantha (Sam) Keddle, AfBAA Manager, based in Johannesburg, South Africa. Dawit Lemma is the Founder and CEO of Krimson Aviation, an aviation services company based in Ethiopia and Malta. He has a degree in…

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Amid acute shortage, NAMA to employ 100 controllers

Amid acute shortage, NAMA to employ 100 controllers

Airports proliferation, others cause controllers’ shortage     Nigeria’s air traffic shortage may be a thing of the past as more than 100 controllers are to be engaged, this is coming as the Nigerian Airspace Management Agency (NAMA) has concluded plans to arrest the dearth of air traffic controllers as the agency is set to recruit additional controllers. According to the agency, about 40 controller cadets are undergoing training at the Nigerian College of Aviation…

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