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    The International Air Transport Association (IATA) revealed new research showing the impacts on the European aviation industry and on economies caused by the shutdown of air traffic due to the COVID-19 pandemic have worsened over recent weeks. Airlines in Europe are set to lose $23.1 billion in 2020, with passenger demand declining by over half. This puts at risk between 6-7 million jobs supported by aviation in Europe alone. The clearing house for…

  20 firms submit COVID-19 restart plan Demuren seeks simulation before airport reopening Aviation Minister, Hadi Sirika has disclosed that the much talked about palliative for airlines and the entire industry is ready, stressing that the only thing left is the template to adopt that would be fair to everybody. Sirika spoke in a Webinar entitled, “Nigerian Aviation Stakeholders Rub Minds On ‘Status Of Industry Restart’ In his remark while addressing over 300 participants drawn…

  Lagos airport suffers expansion neglect New stimulus package small,  Olowo lauds FG There are indications that the Federal Government may have concluded plans to assist the aviation industry with $58.7 million as part of stimulus not only to the airlines but the entire aviation indystry in Nigeria. A source close to the Presidency told woleshadarenews under condition of anonymity that the money was as a result of the outcome of meetings held in Abuja last…

The Accident Investigation Bureau, Nigeria (AIB-N) has called for a collaborative effort with the Nigeria Air Force (NAF) for mutual support and benefits in the area of common interests. The Commissioner/CEO of the Bureau, Akin Olateru made the call at the Bureau’s headquarter in Abuja earlier this week, during a courtesy visit by the Abuja International Airport Commandant, Group Capt NS Hassan. Olateru expressed optimism in the ability of the Nigeria Air Force to work…

Accident Investigation Bureau has commenced the relocation of its corporate headquarters to Abuja from Lagos in line with the Ministerial directive that ordered all aviation agencies to relocate their corporate headquarters to Abuja. The Commissioner/CEO, Akin Olateru and other strategic officers had since been operating from Abuja. Spokesman for AIB, Mr. Tunji Oketunbi in a statement said the relocation was to ensure an efficient and effective coordination and enhanced service delivery between the Federal Ministry…

  Use-it-or-lose-it airports slot rules threaten to break connection services and dampen the recovery of long-haul operators and airlines that rely heavily on connections. That is the warning from the International Air Transport Association (IATA), which is urging airports to extend the suspension of 80:20 slot rules into November when the winter schedule starts. In response to the Covid-19 crisis airports around the world have suspended rules dictating that airlines must use at least 80%…

Nigerian airlines are gearing up to bounce back from the huge effects of COVID-19.WOLE SHADARE takes a look at how the carriers can survive the effects of three months hiatus Uncertainty The airlines are bleeding. It is not yet known how they intend to come back to profitability even after resumption of flight operations that is tentatively scheduled to start June 21, 2020. According to the Airline Operators of Nigeria (AON), indigenous operators have lost N360…

  Executive Jet’s chairman apologises to Minister, labels musician ‘useless’ Chairman/Chief Executicve Officer of Executive Jet Services Limited, Mr. Sam Iwuajoku, the airline suspended by the Federal Government for ferrying Nigerian musician, Azeez Fashola also known as Naira Marley has apologized to the Minister of Aviation, Hadi Sirika for being misled that the flight was operated to airlift Minister of Works, Mr. Babatunde Fashola and not the popular musician. Iwuajoku in a letter addressed to…

***Crew gave control tower false information-Minister The Federal Government has suspended Executive Jets Services for flying popular musician Azeez Fashola popularly known as Naira Marley contrary to the approval it was granted. The musician was flown from Lagos to Abuja by the airline despite COVID-19 restrictions after approval of aviation authorities. ExecuJet is a leading global business aviation organisation offering a diverse range of services including aircraft management for private and commercial airplanes. But the Federal…