AfDB co-hosts third ICAO World Aviation Forum

AfDB co-hosts third ICAO World Aviation Forum

  The African Development Bank (AfDB) is partnering with the Nigerian government, the African Union Commission (AUC), and the New Partnership for Africa’s Development (NEPAD) Agency to co-host the third ICAO World Aviation Forum from November 20-22 in Abuja, Nigeria. The Forum on the theme, ‘Financing the Development of Aviation Infrastructure’ will build on the outcomes of the previous events held in Montréal in 2015 and 2016. The third ICAO World Aviation Forum (IWAF/3) brings together high-level government officials responsible…

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ICAO, AfDB, to fund $300b Africa’s, Nigeria’s parlous aviation facilities

ICAO, AfDB, to fund $300b Africa’s, Nigeria’s parlous aviation facilities

World aviation summit begins on Tuesday Africa’s aviation infrastructure development and particularly that of Nigeria will come into focus at the International Civil Aviation Organisation (ICAO) World Aviation Forum (IWAF) holding in Abuja tomorrow asAfrican Development Bank, ECOWAS Bank and many other development banks will participate. Two prominent Nigerians, ICAO President, Dr. Bernard Olumuyiwa Aliu and President, AfDB, Mr. Akinwunmi Adesina would play significant role on how to help Nigeria, Africa tackle its over $300b aviation infrastructure deficit. The…

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Medview’s financials expose N300bn under-declared revenues

Medview’s financials expose N300bn under-declared revenues

   ●Experts fault statistics The financial statement released by Medview Airlines for its 2015/2016 and the third quarter report for 2016/2017 on gross earnings approved by the Nigerian Civil Aviation Authority (NCAA) has exposed the under-declared earnings of airlines operating in Nigeria, Woleshadarenews has learnt. Med-View Airline Plc had reported that it posted a profit after tax of N1.197 billion for the third quarter ended September 30, 2017. The airline, in a filing with the…

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Airlines seek govt’s assistance on improved intra-Africa air connectivity

Airlines seek govt’s assistance on improved intra-Africa air connectivity

23 out of 54 states sign up for full YD implementation Berthé now new AFRAA scribe Africa’s apex airline body, African Airline Association (AFRAA) has called on African Governments and stakeholders to enable airlines to improve intra-Africa connectivity by unlocking the barriers to connectivity. The 23 States that have signed up for the full implementation of the Yamoussoukro Decision towards the Single African Air Transport market were urged to follow through on their commitment in…

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 ‘Private investment in Nigeria’s airports to hit 48%’

 ‘Private investment in Nigeria’s airports to hit 48%’

A total of $4.4 billion accrued to Nigeria in air transport sector in 2016 A private sector infrastructure investment in Nigeria’s aviation sector is envisaged to rise to 48 per cent next year from the current 46 per cent, a former Managing Director of the Federal Airports Authority of Nigeria (FAAN), Richard Aisuebeogun, has said. He said this in a paper he presented, which was sent to Woleshadare.net. Nigeria, he said, requires huge financial resources to be…

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Air Sénégal orders two A330neo aircraft

Air Sénégal orders two A330neo aircraft

  First carrier in Africa to purchase latest fuel-efficient wide-body airplane   Air Sénégal, the national carrier of Senegal has signed a Memorandum of Understanding (MoU) for two A330neo aircraft, which is the new re-engined version of the best-selling A330 widebody airliner.   The A330neo will benefit the airline’s growth and business expansion in the future. The agreement makes Air Sénégal the first airline in Africa to select the A330neo.   The agreement was announced…

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Virgin Atlantic brings first time ever inspiring business series to Africa

Virgin Atlantic brings first time ever inspiring business series to Africa

Founder of Virgin Atlantic and Virgin Group, Sir Richard Branson has joined a panel of inspiring business leaders and rising stars from across South Africa and Nigeria for Virgin Atlantic’s “Business is an adventure” event at Future Space, Johannesburg.   Hot off the heels of events across North America the “Business is an adventure” series touches down in South Africa for the first time to shine a spotlight on Africa’s talent.    The inspiring event…

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Dana gets  Intl’  recognition, commits to global best practices

Dana gets  Intl’  recognition, commits to global best practices

Nigeria’s flag carrier airline, Dana Air has assured its guests of its commitment to continuously raising the bar of its operational efficiency with an airline model that guarantees sustainability and professionalism in Nigeria’s aviation industry.   The Accountable Manager of Dana Air, Mr Obi Mbanuzuo made this known during the official presentation of the membership certificate of the International Air Transport Association (IATA) to Dana Air in Lagos.  He said Dana Air has and will continue…

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Safran, Gulf Air ink deal to supply wheels, brakes for new Dreamliner fleet

Safran, Gulf Air ink deal to supply wheels, brakes for new Dreamliner fleet

Gulf Air, the national carrier of the Kingdom of Bahrain and a long-time partner of Safran, has signed an agreement to equip the airline’s new incoming fleet of 10 Boeing 787-9 Dreamliners and 12 Airbus A320neo with Safran Landing Systems wheels and brakes.   Commenting on the agreement Gulf Air Deputy Chief Executive Officer, Captain Waleed Abdulhameed Al Alawi said: “We have selected Safran Landing Systems for their high dispatch reliability, simplified maintenance, as well…

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Airbus firms up another order for 90 planes

Airbus firms up another order for 90 planes

Brings tally to 510 orders for A320neo aircraft   Dublin based CDB Aviation Lease Finance DAC (CDB Aviation) announces a firm order for 90 A320neo Family aircraft during the Dubai Airshow 2017.   The agreement was reached in two steps: an original purchase agreement signed in 2014 for 45 A320neo Family aircraft, which remained undisclosed to date, and the firming up of the Memorandum of Understanding (MoU) announced at the 2017 Le Bourget Paris Airshow…

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