FAAN, NCAA, NAMA, airlines, others meet Tuesday on intl’ flight resumption

FAAN, NCAA, NAMA, airlines, others meet Tuesday on intl’ flight resumption

  A committee made up of the Federal Airports Authority of Nigeria (FAAN), Nigeria Custom Service (NCS), Nigerian Immigration Service (NIS), Airline Operators of Nigeria (AON), Nigerian Civil Aviation Authority (NCAA), Nigerian Airspace Management Agency (NAMA), Airport Security Committee, Ground Handlers Association, Directorate of State Security Service (DSS), Freight forwarders association, the Nigeria Civil Aviation Committee and the Quarantine service will today hold a meeting to discuss modalities for re-opening airspace for international flight services….

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AIB to release more accident reports, Tuesday, to train investigators in West Africa

AIB to release more accident reports, Tuesday, to train investigators in West Africa

    The Accident Investigation Bureau (AIB) Nigeria has concluded plans to commence training for aircraft accident investigators in the West African sub-region. Disclosing this on Monday in Abuja was the Commissioner/CEO of AIB Nigeria, Akin Olateru an aircraft engineer when the Senate Committee on ICT and Cybercrime visited the agency to ascertain their level of ICT infrastructure and cyber security architecture. Olateru disclosed that beyond partnerships with local and international institutions, it has also…

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Impact of emergency corrosion checks on all Boeing airplanes in Nigeria, by Kyari

Impact of emergency corrosion checks on all Boeing airplanes in Nigeria, by Kyari

Aircraft engineer, Sheri Kyayi has expressed concern over the grounding of all B737 aircraft types that are scheduled to undergo the United States Federal Aviation Administration (FAA) emergency corrosion checks. The situation may not have adverse effects on the airlines using Boeing aircraft types as many of the aircraft are still in storage because of the very low passenger traffic that has made carriers to operate what can best be described as skeletal services. This…

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NOVA Merchant Bank’s Debut N10bn Bond Oversubscribed by 300%

NOVA Merchant Bank’s Debut N10bn Bond Oversubscribed by 300%

  NOVA Merchant Bank, a leading merchant bank in Nigeria, has announced the successful issuance of its N10 billion 7-Year Subordinated Unsecured Bond under its N50 billion debt issuance programme. The transaction represents NOVA’s first bond issuance in the debt market and was oversubscribed by 300 percent. The offer which opened on June 30, 2020 following relevant approval from the Securities & Exchange Commission (SEC) and the Central Bank of Nigeria (CBN), closed on July…

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Airlines re-think business model, insolvency looms

Airlines re-think business model, insolvency looms

**Cash dries up for lease rentals, operations **Carriers use wrong airplanes-Experts     Size they say matters. But in aviation, size no longer matters as airlines are re-thinking their business model. Some of them are at the verge of jettisoning their big, fuel guzzling B737 which is dominant in Nigeria’s aviation for small size, fuel efficient airplanes. Consequently, aircraft lessors are considering repossessing their airplanes or cause the operators to return them for fear of…

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Pricing Is Not The Key To Rebuilding Passenger Confidence

Pricing Is Not The Key To Rebuilding Passenger Confidence

  Linus Benjamin Bauer, founder and managing director of Bauer Aviation Advisory, argues why a collective approach must be considered as the key to regenerating air traveller confidence     In recent times, airlines have shown a collective intent to quickly rebuild network connectivity at any cost. To this effect, after what has felt like epochs for some, we are about to hear the roars of the turbofan more frequently again in the coming weeks….

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Arik Air reconnects Kano, Yola

Arik Air reconnects Kano, Yola

    Arik  Air  has  announced  the  resumption  of  flight  operations  to  Mallam  Aminu  Kano  International Airport, Kano and Yola Airport effective Tuesday, July 28, 2020. Both services according to the carrier will originate from Nnamdi Azikiwe International Airport, Abuja with connections to and from Murtala Muhammed Airport, Lagos. Arik Air will be operating separate flights from Abuja to Kano and Yola. Flights from Abuja to Kano will operate four times weekly on Monday, Wednesday, Friday and Sunday while flights from Abuja to Yola will operate thrice weekly on…

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All B737 aircraft in storage in Nigeria to undergo FAA emergency corrosion checks

All B737 aircraft in storage in Nigeria to undergo FAA emergency corrosion checks

***NCAA lists danger of effects to airplanes   The Nigerian Civil Aviation Authority (NCAA) has asked all operators of B737 aircraft types to subject their airplanes which have been in storage for a long time to the Federal Aviation Administration (FAA) emergency corrosion checks. This is contained in a letter dated July 24th, 2020 and addressed to all Boeing 737 aircraft operators and signed by General Manager, AOC & S, Engr. G.G. Balang for the…

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Emirates Seeks To Avoid More Crew, Pilot Lay-Offs With Unpaid Leave

Emirates Seeks To Avoid More Crew, Pilot Lay-Offs With Unpaid Leave

  Emirates airline is offering its pilots and crew up to four months of unpaid leave in a bid to keep its workforce primed for when the industry and air travel demand begins to normalise. Dubai’s state-owned carrier has laid off thousands of crew and pilots in recent weeks because of the impact the pandemic has had on the demand for air travel. An internal email sent to pilots and crew said that employees, who…

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Pay your pilots, others or risk grounding, NCAA tells airlines

Pay your pilots, others or risk grounding, NCAA tells airlines

  Piqued by the refusal of airlines to pay their workers, particularly flight crew, the Director-General of Nigerian Civil Aviation Authority (NCAA), Capt. Musa Nuhu has threatened to ground airlines that are in the habit of not paying their pilots and staff. The threat was handed down to the airlines in a meeting held with airline chiefs and their representatives in Abuja last week Thursday by the aviation regulatory body. An airline chief who was…

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