‘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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ICAO hosts first ever summit outside Montreal in Nigeria

ICAO hosts first ever summit outside Montreal in Nigeria

Buhari to flag off World Aviation Forum  President Muhammed Buhari would on Monday flag off activities of the annual World Aviation Forum by the International Civil Aviation Organization (ICAO). The event also emphasises the importance attached to the consideration of Nigeria to become the first country to host the annual event outside ICAO’s Montreal, Canada headquarters. The Forum which holds from the 20th to the 22nd of November, 2017 in Abuja will be the first to be held outside…

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Airbus to allocate 430 airplanes to four low cost airlines, partners Indigo

Airbus to allocate 430 airplanes to four low cost airlines, partners Indigo

Announces $49.5b largest single deal ever for Airbus single aisle planes    Airbus, Indigo Partners’ four portfolio airlines have signed a Memorandum of Understanding for the purchase by the four airlines of 430 additional A320neo Family aircraft.  The aircraft will be allocated among the ultra low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary) upon the completion of final purchase agreements between Airbus and the four airlines.   The 430-aircraft…

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Consummate business man, Adebanjo emerges chairman, American Express Nigeria

Consummate business man, Adebanjo emerges chairman, American Express Nigeria

The American Express Company, also known as Amex, an American multinational financial services corporation headquartered in Three World Financial Center in New York City has named Chief John Adebanjo the chairman of Amex Nigeria, the Nigerian outfit of the American multinational financial services corporation.   He emerged as the chairman of American Express Global Business Travel Nigeria following the acquisition of a controlling stake in the Nigerian unit of American Express by the ALML.   The consummate business man…

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NAHCO Promotes over 800 Staff

NAHCO Promotes over 800 Staff

In a manner that is unprecedented in the entire Nigerian aviation industry, foremost national ground handling services provider, nahco aviance, has promoted over 846 of its about 2000 workforce. This constitutes more than 45 percent of the Company’s total workforce. The promotion, which was approved by the Board of Directors, and announced over the weekend, was one of the staff improvement programmes by NAHCO Plc. The promotion which came against the background of an economy…

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