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WOLE SHADARE x-rays three key areas of investments that would come under focus in the New Year as the country could reap over $50bn private sector FDI $50 bn investment portfolio Over $50 billion investment is required in Nigeria’s aviation sector to fully unlock its inherent potential for national growth. Late last year, experts drawn from airline operators, regulatory officers, airport administrators, service providers and analysts, aired their views at a seminar. They suggested that $50 billion…

 The airlines of Lufthansa Group are changing how award miles are credited to participants in the frequent flyer and reward program Miles & More.   Beginning in March 2018, the number of award miles that are credited will be based on the price of the flight, that is, the price of the ticket plus any additional fees charged by the respective airline, and on the frequent flyer status of the participants in the program.  …

Airlines’ applications flood Ministry The return of Emirates Airlines to Abuja more than one year after some foreign carriers exited the country could trigger return of others who left. This is as a result of huge market Nigeria offers coupled with the fact that those issues that left to their exit are gradually being addressed according to a top government official who spoke to Woleshadare.net on condition of anonymity. The source stated that the key factors why…

By the time the year ends, the Federal Government may have generated over $100 million (N37bn) going by the exchange rate of N360 to from $20 security levy collected from little over five million passengers exiting the country through any of the international airports. A total of 2,505,612 passengers passed through Nigerian airports in the first quarter of 2017, 67.3 per cent of them being domestic passengers, travelling within Nigeria, while the rest were international…

The Federal Government of Nigeria has appointed Med-View Airline through National Emergency Management Agency, NEMA to participate in the evacuation of 5,037 Nigerians facing social challenges of various degrees in Northern African country, Libya. An agreement to that effect was signed at the NEMA headquarters in Abuja on December 29, 2017 between the two organisations to facilitate smooth airlifting of Nigerians out of the troubled zone. Med-View will be participating in the airlifting of 5,037…

Alexandre de Juniac is the Director General and CEO, International Air Transport Association (IATA). In this piece he sends to Woleshadare.net, he speaks on how aviation has continued to change the world we live in. ​Air travel takes on a special character at this time of year. There are noticeably fewer business travelers. And airports and planes are filled with people traveling for leisure. Some are reuniting with families to spend the holidays together after working…

Seek NCAA’s intervention Airline blames weather This seems not to be the best of time for Medview passengers in London, Dubai and Lagos as irate travellers who were not able to travel to their various destinations have vented their anger on the airline workers by assaulting them. In Lagos, hundreds of passengers of the airline yesterday attacked officials of Med-View Airline over the cancellation of their flights out of the country. Not satisfied with taking…