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BOEING: 20% Reduction In Workforce, Max Deliveries To Return

Posted on November 1, 2020November 1, 2020 by Wole Shadare

Revenues drop 27% as ongoing costs of 737 Max programme bite Boeing is set to cut a further 7,000 jobs to offset the mounting financial impact that the coronavirus pandemic is having on the global air travel industry. The US manufacturer lost $3.5 billion in the first nine months of 2020 as revenues fell 27 percent down to $42.8 billion. Boeing lost $466 million in the third quarter of 2020 compared to a profit of…

Passengers stranded as union shutdown Turkish Airlines

Posted on October 29, 2020October 29, 2020 by Wole Shadare

Sack of union leaders act of victmisation-NUATE Aviation, Labour Ministries direct reinstatement of workers Passengers booked on Turkish Airlines were bared from the Murtala Muhammed International Airport, Lagos following directive by the National Union of Air Transport Employees (NUATE) to deny the airline services over the airline’s failure to reverse the sack of executive of the union engaged by the carrier. Many of the travelers were seen with their luggage at the entrance of…

IATA seeks govts’ relief measures to save massive job losses

Posted on October 28, 2020 by Wole Shadare

The International Air Transport Association (IATA) presented new analysis showing that the airline industry cannot slash costs sufficiently to neutralize severe cash burn to avoid bankruptcies and preserve jobs in 2021. IATA reiterated its call for government relief measures to sustain airlines financially and avoid massive employment terminations. IATA also called for pre-flight COVID-19 testing to open borders and enable travel without quarantine. Total industry revenues in 2021 are expected to be down 46% compared…

#EndSARS: X-Raying Nigerian Airlines’ Setback

Posted on October 27, 2020 by Wole Shadare

The little hope of recovery for airlines from COVID-19 crisis may have been lost with the recent unrest that rocked the nation, WOLE SHADARE writes Setback The determination of Nigerian carriers to recover from the COVID-19 outbreak that grounded flights for more than five months was herculean. The nearly one week suspension of flight services by domestic airlines due to #Endsars protests and attendant violence that rocked most parts of the country may have set…

Air Peace to commence flight services to J/burg, plans more route expansion

Posted on October 26, 2020 by Wole Shadare

Nigeria’s flag carrier airline, Air Peace has concluded plans to commence scheduled flight services to Johannesburg, South Africa from Lagos. The route is strategic for the carrier considering the wobbling situation of South African Airways that is facing tough times and at the verge of bankruptcy. The airline in a statement said it had made huge progress in meeting the stipulated requirements of the aviation authorities in both South Africa and Nigeria to enable it…

Airlink ends 23 year franchise pact with SAA, gets new name

Posted on October 26, 2020 by Wole Shadare

Inks interline deal with BA, Emirates, Qatar, United, KLM-Air France Airlink, the privately-owned airline, has officially changed its company name from “SA Airlink” to “Airlink”, as part of its strategy to distinguish itself as a totally independent airline. Earlier this year, Airlink ended its 23 year franchise agreement with South African Airways and began operating and issuing tickets on its own “4Z” code and designator. This has liberated Airlink and enabled it to forge commercial ties…

Emirates offers A380 to African travelers to Dubai

Posted on October 26, 2020 by Wole Shadare

African travellers, including Nigerians, have now got the opportunity to travel from Africa through Dubai to Jordan as Emirates has concluded plans to provide more options and choices for its customers with the introduction of scheduled Airbus A380 services to Amman as part of its expanded schedule of 10 weekly services.. The expanded flight schedule between Dubai and Amman demonstrates the airline’s commitment to safely connect customers to and through Dubai to Africa, America, Europe,…

More Extinction Looms For African Airlines

Posted on October 26, 2020October 26, 2020 by Wole Shadare

The harsh economic reality occasioned by COVID-19 could see many more airlines in Africa go into extinction just as many Nigerian carriers are already showing signs of insolvency. The International Air Transport Association (IATA) had forecast that a full return to 2019 levels is not expected until late 2023. The anticipated bailout from the Federal Government is looking like a mirage. Airlines are operating less than 50 per cent of their capacity because of near…

Middle East To Lose 140 Million Air Passengers In 2020 As Recovery Slows

Posted on October 22, 2020 by Wole Shadare

Passenger traffic in the Middle East is recovering at a significantly slower rate than was projected during the summer, according to the International Air Transport Association’s (IATA) latest forecast, which suggests 140 million fewer passengers will travel in the region this year. Passenger numbers in the Middle East this year are forecast to reach 30% of 2019 levels compared to the 45% that was projected in July, with a full return in passenger traffic not…

IATA welcomes Israel, Jordan airspace pact

Posted on October 21, 2020 by Wole Shadare

The International Air Transport Association (IATA) welcomed the recent over-flight agreement between the Kingdom of Jordan and State of Israel that allows for flights to cross over both countries’ airspace. The agreement paves the way for commercial airlines to be able to fly through the Israel-Jordan corridor—which will shorten flight times, reducing fuel burn and CO2 emissions. Airlines have historically flown around Israel when flying east / west operating over Middle East airspace. The direct…

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