Top Stories Archives - Page 24 of 617

Munetsi: Africa’s limited aircraft pool reflects regulatory, economic constraints

Posted on April 7, 2026April 7, 2026 by Wole Shadare

..airlines struggle to scale, expand routes, compete globally The stark contrast in the scale of global aviation was a central theme at the recently held Nigerian Aircraft Acquisition and Investment Summit (NAAIS) in Lagos. Industry leaders, including Aaron Munetsi, CEO of the Airlines Association of Southern Africa (AASA), highlighted a sobering reality: the entire African continent, home to 54 countries and 1.4 billion people, operates a commercial fleet of fewer than 1,000 aircraft. He argued…

Push to de-risk Nigerian aviation market for global investors

Posted on April 7, 2026 by Wole Shadare

The Nigeria Aircraft Acquisition and Investment Summit (NAAIS) 2026, which concluded In Lagos last week, the visit provided a strategic reset for the country’s aviation sector. Moving away from the high-cost model of outright aircraft purchases, it introduced a structured leasing and financing frameworks designed to de-risk the Nigerian market for global investors, writes WOLE SHADARE Orchestrated by the Minister of Aviation and Aerospace Development, Festus Keyamo, the Nigeria Aircraft Acquisition and Investment Summit (NAAIS)…

Turkish Airlines Adds Timișoara As Fourth Destination In Romania

Posted on April 2, 2026April 2, 2026 by Wole Shadare

Turkish Airlines, the airline that flies to more countries than any other, has launched flights to Timișoara, marking its fourth destination in Romania following Bucharest, Cluj-Napoca, and Constanța. The launch of Timişoara flights, scheduled as five weekly frequencies, has increased the flag carrier’s total weekly flight frequency in the country to 47. An inauguration ceremony was held at Timișoara Traian Vuia International Airport, attended by Turkish Airlines and Airport executives, emphasising the significance of the…

175 new routes across Africa opened in three years

Posted on April 2, 2026 by Wole Shadare

The Secretary-General of the African Civil Aviation Commission (AFCAC), Adefunke Adeyemi, said 175 new air routes, often rounded or projected to higher figures in broader sectoral discussions, have been opened across the continent over the past three years. This expansion is a direct result of the Single African Air Transport Market (SAATM) initiative, which aims to liberalise African skies. She highlighted this milestone during her address at the Nigeria Aviation African Investment Summit (NAAIS) in…

At summit, NAMA MD presents strategic roadmap for Nigeria’s airspace overhaul

Posted on April 1, 2026April 1, 2026 by Wole Shadare

The Managing Director of the Nigerian Airspace Management Agency (NAMA), Engr. Umar Farouk has presented a strategic roadmap for the total technical overhaul of Nigeria’s aviation airspace infrastructure. The NAMA boss spoke at the Nigeria Aircraft Acquisition & Investment Summit (NAAIS) 2026. The summit focused on unlocking growth in Africa’s largest mobility market. Farouk’s address highlighted how NAMA is transitioning from fragmented regional operations to a unified, tech-driven “One Flight Information Region (FIR). He emphasised…

Qatar Airways Rebuilds Flight Schedules For African Routes, Others

Posted on April 1, 2026April 1, 2026 by Wole Shadare

Qatar Airways has published its latest revised schedule, reflecting the gradual increase in flights to and from Doha to more than 120 destinations across the airline’s global network by mid-May 2026. All flights to and from Doha continue to operate through dedicated flight corridors established in close coordination with the Qatar Civil Aviation Authority. The carrier noted that flight schedules are subject to change or cancellation due to operational, regulatory, safety, or other circumstances beyond…

Okonjo-Iweala: Nigeria’s air connectivity index declined by 21%, lauds sector’s reforms

Posted on April 1, 2026April 1, 2026 by Wole Shadare

20% more expensive to operate within Africa than in Europe, Asia The Director-General of World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has noted that while other African hubs have surged, Nigeria’s connectivity has notably stagnated or regressed in key metrics over the last decade. Referencing data from the International Air Transport Association (IATA), long-term tracking shows a stark divide in how Nigeria connects to the world. That specific observation hits at the core of the…

Minister: Nigerian carriers can’t compete without financing, fuel-efficient aircraft

Posted on April 1, 2026 by Wole Shadare

…Nation to grant conditional frequencies to foreign carriers …Airlines subsidising inefficiency Minister of Aviation and Aerospace Development, Festus Keyamo, said for decades, the government focused on saving airlines through bailouts or protective policies, but noted that the new focus is on ensuring they have the legal and financial infrastructure to save themselves. This is coming as the Minister addressed the tension between inviting foreign airlines and protecting local ones. He noted that the shift is toward…

Nigeria-Accra Route: Lifeblood of Nigerian Regional Aviation

Posted on March 31, 2026March 31, 2026 by Wole Shadare

The Lagos–Accra corridor is currently the most competitive regional route in West Africa. The entry of new players and the expansion of existing ones have shifted the market from a stable duopoly into a high-frequency battleground, writes WOLE SHADARE For decades, the Lagos-Accra air corridor has been the undisputed golden route of West African aviation. With Nigerian airlines seeking dollar-denominated revenue to hedge against local-currency volatility, the 45-minute flight to Ghana has become the primary theatre…

Nigeria’s travel agencies lost N1 billion to ADMs in 2025

Posted on March 29, 2026 by Wole Shadare

At the recent PartnerPlus Connect 14.0 event in Lagos, industry leaders revealed that Nigerian travel agencies lost at least ₦1 billion to Agency Debit Memos (ADMs) in 2025. The forum, hosted by Finchglow Travels (a leading travel consolidator), brought together airlines, Global Distribution System (GDS) providers, and travel agents to address these “leaks” that are currently threatening the survival of many agencies. An Agency Debit Memo (ADM) is essentially a fine or an invoice issued by an airline to a travel agent…

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