Foreign Airlines’ Multiple Designation Policy Under Scrutiny

Foreign Airlines’ Multiple Designation Policy Under Scrutiny

How easy is it reviewing policies that have hindered the growth of Nigerian carriers? Time will tell if plans by the National Assembly to review multiple designations to foreign airlines won’t go the way of others, writes, WOLE SHADARE Strong battle ahead Aviation is not a stand-alone in any country. Aviation is a reflection of the policies and the financial health of any country. So, when aviation is taken and the country is not doing…

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Unsafe Airspace: Aircraft Lease Rental, Access To Int’l Funds Could Be Tough-NCAA

Unsafe Airspace: Aircraft Lease Rental, Access To Int’l Funds Could Be Tough-NCAA

Insurance Premium May Skyrocket, Operators Flay Lawmakers The Nigerian Civil Aviation Authority (NCAA) has come to the defence of the industry and airlines, saying the statement credited to the National Assembly that Nigerian airlines are not safe had the potentials of doing incalculable damage to an already distressed aviation industry. The Director-General of NCAA, Capt Musa Nuhu frowned at the statement, saying it will cast doubt in Nigeria civil aviation with international community and would…

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FG Seeks Single Digit Interest Loans, Aviation Revival Plans To Gulp N27b

FG Seeks Single Digit Interest Loans, Aviation Revival Plans To Gulp N27b

The Federal Government has put in a process to ensure the revival of the aviation industry. To achieve this, government is providing N27 billion financial support for the sector in its economic plan christened ‘Nigeria Economic Sustainability Plan.’ Following the health and economic emergencies caused by the COVID-19 outbreak, President Muhammadu Buhari established the Economic Sustainability Committee (ESC) on March 30, 2020. Members of the committee include Vice-President Yemi Osinbajo, ministers of finance, budget and…

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Emirates Offers First Ever Expanded $500,000 Multi-Risk Travel Coverage

Emirates Offers First Ever Expanded $500,000 Multi-Risk Travel Coverage

Emirates customers can now plan their travels and fly with even greater assurance and peace of mind, with the airline’s latest industry-first initiative to provide expanded, multi-risk travel cover on top of its current COVID-19 cover. Provided by Emirates at no additional cost to its customers, and provided by AIG Travel, this cover is the first of its kind in the airline and travel insurance industry. It is designed to provide all Emirates passengers a…

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NAHCo Partners Skyward Aviation, Inks Additional Contract With Qatar

NAHCo Partners Skyward Aviation, Inks Additional Contract With Qatar

The recent partnership between NAHCO Plc and Skyward Aviation is set to significantly improve trade relations between Nigeria and China, as the airline begins its direct cargo flights from Urumqi, China to Lagos. And to cement the partnership, the handling agreement has been signed between the two parties, signaling the beginning of a rewarding relationship. NAHCO Plc’s Executive Director, Commercial & Business Development, Prince Saheed Lasisi, said, at the contract signing ceremony, held at the…

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Reps Flay Customs Disregard For FG’s Waiver On Aircraft Duty

Reps Flay Customs Disregard For FG’s Waiver On Aircraft Duty

Propose N50b bailout for airlines The House of Representatives Committee on Aviation has kicked against the continued collection of import duties on imported commercial aircraft and spare parts despite President Muhammadu Buhari’s executive order exempting them. The committee led by its chairman,  Nnolim Nnaji during a press conference on Monday also frowned at the persistence imposition of value added tax, (VAT) on importation of aircraft and spares by Federal Inland Revenue, (FIRS). Nnaji disclosed that …

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De Juniac To Step Down, Willie Walsh To Become 8th IATA DG

De Juniac To Step Down, Willie Walsh To Become 8th IATA DG

The International Air Transport Association (IATA) announced that Alexandre de Juniac, Director General and CEO will step down from his role at the association effective March 31, 2021. De Juniac made known his intention to step down from the association several months ago which enabled a search process to facilitate a smooth leadership transition. The IATA Board of Governors will recommend to the 76th IATA Annual General Meeting (AGM) on November 24, 2020 the appointment…

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Aftermath of ban: Air France, KLM to resume flights to Lagos, Abuja Dec 7

Aftermath of ban: Air France, KLM to resume flights to Lagos, Abuja Dec 7

Air France and KLM have concluded plans to resume flights to Nigeria more than eight months after they suspended flights to Nigeria occasioned by COVID-19 pandemic and nearly three months after the Nigerian government barred the two mega carriers from the country following the activation of reciprocity policy. The carriers in a statement on Monday made available to Woleshadarenews, said, “As from December 7, 2020, Air France and KLM Royal Dutch Airlines will resume passenger…

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Airlines Risk Falling Into Traps In Covid Recovery Strategies, Warns Former CEO

Airlines Risk Falling Into Traps In Covid Recovery Strategies, Warns Former CEO

No one model will emerge victorious from Covid and airlines should instead focus on three key drivers, suggest turnaround king Stefan Pichler A lot of questions have been asked in recent weeks regarding which airline business model will come out on top in the wake of the coronavirus crisis, with carriers announcing various restructures and focus shifts. But some airlines could be falling into a dangerous trap by focusing too much on their respective models…

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N1.3bn Benefits: Ex-NAHCo Workers Give BPE Two-Week Ultimatum

N1.3bn Benefits: Ex-NAHCo Workers Give BPE Two-Week Ultimatum

The battle to resolve the lingering N1.3 billion severance benefits of ex-workers of Nigerian Aviation Handling Company Plc (NAHCo) may shift to the law court as lawyer to the embattled workers has given the Bureau of Public Enterprises (BPE) and NAHCo two weeks to come clean on the whereabouts of the money or be dragged before a court. The ex-workers numbering over 700 have engaged the services of human rights lawyer to legally demand the…

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