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 The Emirates Group announced its half-year results for 2017-18. The Group saw steady revenue growth and a rebound on profitability compared to the same period last year, in spite of the continuing downward pressure on margins, a rise in oil prices, and other challenges for the airline and travel industry.    The Emirates Group revenue was AED 49.4 billion ($13.5 billion) for the first six months of its 2017-18 financial year, up 6% from AED…

Nigeria’s flag carrier airline, Dana would be ten years tomorrow since it started operations. So far, the carrier has airlifted 2.7 million passenger since it began operations in November 10, 2008. The carrier stated that since commencing flight operations on November 10, 2008, they are proud to have come this far, creating an exemplary model and setting the standards for a sustainable and efficient airline operation in Nigeria. “We are also proud to have flown…

Demuren laments unresolved concession disputes  The appalling infrastructure deficit at the country’s aerodromes came to the fore at a forum in Lagos, with stakeholders lamenting decrepit facilities, saying the situation has continued to deny the country of maximising its potentials in the sector. The International Air Transport Association (IATA) had equally decried the appalling state of facilities at the nation’s aerodromes, noting that Nigeria would need over $30 billion to tackle the malaise. Experts who…

The International Air Transport Association (IATA) has urged the UK Government to shore-up its international air connectivity by focusing on a cost-effective expansion of Heathrow Airport and achieving early clarity on post-Brexit issues. Brexit “In building the post-Brexit world, the prosperity of the UK will depend on the strength of its connectivity—links with Europe and the rest of the world,” said Alexandre de Juniac, IATA’s Director General and CEO, in an address to the UK…

As part of efforts aimed at improving ground facilitation and enhancing safety, security and comfort of the travelling public, the Federal Airports Authority of Nigeria has opened a new entrance to the multi-storey car park at the Murtala Muhammed Airport, Lagos. The new entrance, situated along the Airline Services Limited (ASL)/Blue Lodge Hotel road, and which became operational today will ease vehicular traffic on the main road leading to the departure frontage. Spokeswoman for FAAN, Mrs….

  From Wole Shadare in London   British Airways’ i360 opened in 2016 in Brighton and Hove, a resort city on the south coast of England. It is the world’s tallest moving observation tower and was conceived and designed by Marks Barfield Architects, creators of the London Eye. They were approached by countless countries who wanted an ‘Eye’ but found out that a similar wheel design would not be financially viable without a suitable site…

Nigeria’s counterpart funding default hindered project There are indications that the delay in response are attributed to factors such as longInability of Nigeria to contribute part of its counterpart funding, coupled with other logistic issues, have been attributed to why the $500 million new airport terminals at the Lagos and Abuja airports have not been completed, Woleshadare.net has learnt. Nigeria was said to have stalled in its initial plan of completion of the facilities in…

Lackadaisical attitude of Nigerians on maintenance has negatively affected infrastructural development, which is critical and essential to a nation’s development, writes WOLE SHADARE Lack of maintenance cultureAchieving vision 2020 goals would be attainable if existing structures and facilities are constantly maintained. Poor maintenance culture has drawn the nation a thousand steps backward and one of the stride actions that could salvage the country from the total mess of infrastructural decay is maintenance.It is common knowledge…

Growth puts pressure on infrastructure that is struggling to cope with demand Nigeria’s air traffic is expected hit 31 million by 2030 just as traffic in the African continent is expected to rise to 400 million, according to the International Air Transport Association (IATA). To be able to achieve success and reap from the huge traffic, the country would also need $200billion to tackle Nigeria’s current infrastructure deficit. A travel consultant, Mr. Tade Ojulari, disclosed…