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Airbus fails to meet 2022 commercial aircraft delivery target

Posted on December 7, 2022December 7, 2022 by Wole Shadare

68 deliveries in November, bringing annual deliveries to 565 end of November Based on its November deliveries of 68 commercial aircraft and the complex operating environment, aircraft maker Airbus considers its target to achieve “around 700” commercial aircraft deliveries in 2022 to now be out of reach. The final figure is not expected to fall materially short of the “around 700” delivery target. Airbus remains committed to delivering its financial guidance as provided…

Kenya Airways Announces Introductory $306 for Inaugural Mombasa – Dubai Flight

Posted on December 7, 2022December 7, 2022 by Wole Shadare

Kenya Airways has announced an introductory fare promotion for the Mombasa – Dubai route which will officially begin on December 15, 2022. Kenya Airways which will operate the route four times weekly on flight number KQ306 will offer customers a below-market fare of $306 for a return flight until December 17th, 2022. Speaking at a Travel and Tourism stakeholders event in Mombasa, Kenya Airways Chief Commercial and Customer Officer Julius Thairu said, “To celebrate and…

Airlines blocked fund in Nigeria hits $550 million, $1.1 billion in Africa

Posted on December 6, 2022December 6, 2022 by Wole Shadare

Reps appeal to IATA for understanding The Vice-President for Africa and Middle East of the International Air Transport Association (IATA), Mr. Kamil Ala Wadhi has disclosed that international airlines’ funds in Nigeria have risen to $500 million while the total trapped fund of airlines in Africa stands at $1.1 billion. Alawahdi who paid the Chairman of the Aviation committee on Aviation, Nnolim Nnaji a courtesy call in his office on Tuesday acknowledged the interest…

Kenya Airways, Royal Air Maroc activate codeshare agreement

Posted on December 6, 2022 by Wole Shadare

Kenya Airways and Royal Air Maroc on Tuesday signed an agreement to resume the codeshare partnership, previously initiated in 2016 and discontinued in 2019. Under the new agreement, Royal Air Maroc passengers would be able to travel to Nairobi, Zanzibar, and Johannesburg on the Kenya Airways network. Kenya Airways passengers will benefit from its network connections to the cities of Casablanca and Marrakech, as well as from the possibilities offered by the Moroccan national airline…

Cost of ground damage to aircraft annually to double $10b by 2035-IATA

Posted on December 6, 2022December 6, 2022 by Wole Shadare

The International Air Transport Association (IATA) has called for a transition to enhanced ground support equipment (Enhanced GSE) to improve safety and contain the cost of ground damage involving GSE. Enhanced GSE uses anti-collision and inching technology, improves vehicle control, and increases docking accuracy, all of which minimize the risk of personnel injuries and damaging aircraft. Making a case for enhanced GSE, the call for a transition to Enhanced GSE is detailed in a newly…

Green Africa basking in OTP euphoria

Posted on December 6, 2022 by Wole Shadare

One of Nigeria’s promising airlines, Green Africa Airlines is basking in the euphoria as a leading carrier in On-Time Performance (OTP). The carrier is equally excited about the level of efficiency that the airline has displayed in the face of some of the peculiar challenges facing the airline industry in the region. Nigerian travelers have for over the years lost confidence in the performance of domestic carriers with many tales of woes that reinforced the…

African airlines to post $638 million loss in 2022, global carriers return to profit in 2023

Posted on December 6, 2022 by Wole Shadare

To earn $4.7 billion net profit on $779 billion revenue in 2023 Macro-economic headwinds make connectivity complex in Africa-IATA Despite the economic uncertainties, the International Air Transport Association (IATA) said there are plenty of reasons to be optimistic about 2023, predicting that it expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic to their business in…

Aero Contractors: Airline In Search Of Lost Glory

Posted on December 6, 2022 by Wole Shadare

It is still a surprise to many how Nigeria’s premium airline, Aero Contractors, was run aground. Like a scene in a horror film, Nigerians watched in disbelief how the carrier became a shadow of its former self. But, Capt Ado Sanusi who heads the carrier is in a race to turn the fortunes of the airline around, writes WOLE SHADARE A rebirth? The Assets Management Corporation of Nigeria (AMCON)-backed Aero Contractors last week relaunched services…

US-Nigeria ‘Open Skies’ pact allows American carriers to charge fares in dollars

Posted on December 5, 2022December 5, 2022 by Wole Shadare

Nigeria’s second largest US export destination sub-Sahara Africa Delta Airlines marks 15 years operations to Lagos In what serves as an exemption to the rule, the ‘Open Skies’ agreement between Nigeria and the United States of America which has a clause on ticket sales rules allows American carriers to charge fares in whatever currencies they choose to. Delta Airlines has taken advantage of that clause to offer fares in the United States dollars which…

NSIB, Saudi accident investigative body ink deal to promote air safety

Posted on December 5, 2022December 5, 2022 by Wole Shadare

The Nigerian Safety Investigation Bureau (NSIB) has signed a Memorandum of Understanding with the Accident Investigation Bureau of the Kingdom of Saudi Arabia (AIB-KSA) to enhance aviation safety in both countries. According to the Director-General of the NSIB, Akin Olateru, the MoU, which was signed Monday by both parties at Transcorp Hilton Hotel, Abuja, would ensure cooperation and assistance in the field of civil aircraft accident and incident investigation. He added that the cooperation…

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