Top Stories Archives - Page 24 of 601

AerCap applaud’s Air Peace’s B737NG dry leases

Posted on November 11, 2025 by Wole Shadare

AerCap, the world’s largest aircraft lessor, has praised Air Peace for its financial integrity and discipline in securing the delivery of a dry-leased Boeing 737-700 NG, a historic milestone for Nigerian aviation that marks the first dry lease transaction in over a decade. Speaking at the airline’s dry lease arrival ceremony held at the Murtala Muhammed Airport Terminal 1 Hall, Gad Wavomba, Vice President of Leasing at AerCap, described the event as “a historic moment…

Govt’s strategic shift from ‘national hangar’ to private sector MROs’

Posted on November 11, 2025 by Wole Shadare

The establishment of comprehensive Maintenance, Repair, and Overhaul (MRO) facilities is widely regarded by Nigerian airlines and industry stakeholders as the most critical single solution to achieving financial stability and operational efficiency in the country’s aviation sector. The development of MRO facilities is universally described by Nigerian airlines and industry experts as the ultimate “Game Changer” for the country’s aviation sector. It’s a game-changer because it fundamentally alters the financial and operational structure of the…

Airbus orders surge as global demand outpaces capacity

Posted on November 11, 2025 by Wole Shadare

Airbus closed October 2025 with 722 gross orders and 814 deliveries for the year to date, maintaining its lead in a market where the key challenge is no longer finding buyers but keeping pace with delivery expectations. Across single-aisle and wide-body segments, the European manufacturer continues to ride a sustained wave of airline and lessor demand, one that’s redefining aircraft availability timelines and reshaping the competitive balance between OEMs. The year’s results reflect a pattern…

FAAN seeks replacement of national facilitation programme, to evict squatters

Posted on November 10, 2025November 10, 2025 by Wole Shadare

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, has called on the Nigeria Civil Aviation Authority (NCAA) on the need to release or upgrade the national facilitation programme. There are indications that the current Nigerian National Facilitation Programme (NNFP) is obsolete and may not meet the dynamics of airport security facilitation coordination. The Nigerian National Facilitation Programme (NNFP) is a programme designed to streamline and improve the efficiency of international air transport by…

Air Peace’s first dry-lease B737-700 aircraft arrives Nigeria

Posted on November 8, 2025 by Wole Shadare

Nigeria’s flag carrier airline, Air Peace, has achieved another major milestone with the arrival of a dry-leased Boeing 737-700 NG from AerCap, the world’s largest aircraft leasing company — marking Nigeria’s first dry lease in nearly a decade and reinforcing global confidence in the nation’s aviation sector. The arrival ceremony, held at the Zulu Terminal Complex, Murtala Muhammed Airport, Lagos, drew an impressive lineup of dignitaries, financial partners, and aviation stakeholders. Among them were the…

‘CBN’s lack of monitoring emboldens foreign carriers to sell tickets in dollars’

Posted on November 8, 2025November 8, 2025 by Wole Shadare

Nigerians divided over dollar tickets as Naira stabilises Cross-border trading, crime against economy-NANTA President Foreign airlines have returned to their old ways as passengers are groaning over the insistence by some airlines to charge ticket fees in dollars rather than in the local currency, the naira. It is the long-standing policy of the Central Bank of Nigeria (CBN) that the naira is the legal tender in Nigeria, making it illegal to refuse it for…

Lagos-Accra route: Market cannibalisation

Posted on November 4, 2025 by Wole Shadare

The saturation of the Lagos-Accra air route, where multiple Nigerian and regional carriers are competing, carries significant implications, primarily involving financial risk for the airlines and volatile benefits for passengers, writes WOLE SHADARE The wait is finally over as United Nigeria Airlines announces the commencement of direct flights to Accra, Ghana, beginning November 10, 2025. The commencement of the Accra route by the airline, no doubt, would serve as an important part of the…

How Middle Eastern carriers will sustain global lead

Posted on November 3, 2025 by Wole Shadare

Region’s airlines not just expanding but transforming Long celebrated for its super-connector hubs and world-class service, the region’s airlines now face the dual challenge of sustaining growth and adapting to shifting market pressures. Few are better positioned to interpret that challenge than Shahab Matin, Boeing’s Managing Director of Commercial Marketing for the Middle East and Africa. Speaking with Aviation Business Middle East, Matin outlined how evolving fleets, infrastructure, and networking strategies will shape the…

Pilots’ group to provide loss of license insurance for members, aircraft engineers

Posted on November 3, 2025November 3, 2025 by Wole Shadare

Association of Aircraft Pilots and Engineers (NAAPE) has unveiled plans to provide comprehensive Loss of Licence Insurance Cover for all Nigerian pilots and aircraft engineers. This initiative marks a significant milestone in strengthening the welfare and professional security of aviation personnel nationwide. The scheme, developed in partnership with First Standard Insurance Brokers, is designed to protect pilots and engineers who lose their professional licences due to medical incapacity or other qualifying conditions that render them…

Adede: Nigeria ranks amongst most expensive countries in Africa for air travel

Posted on November 3, 2025November 3, 2025 by Wole Shadare

Senator Musa Adede, an airline owner, ex-lawmaker with tremendous experience in many areas of aviation, in this interview with WOLE SHADARE, speaks on many problems besetting the nation’s aviation sector and proffers solutions to many of the woes What recommendations would you give the government to strengthen the aviation sector? There are key recommendations that will help the aviation industry. These recommendations are reduction of taxes and levies on passengers and airlines to improve profitability,…

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