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Exercising presidential order, Acting President Yemi Osinbajo, signed three executive orders on May 18th, 2017. The three executive orders signed by the Acting President are: the promotion of transparency and efficiency in the business environment, set to facilitate ease of doing business in Nigeria; support for local content in public procurement by the government and timely submission of annual budgetary estimates by all statutory and non-statutory agencies.   Airports businesses fall majorly on the aspect…

A five- man Appeal panel has upheld and reaffirmed the civil sanctions imposed on First Nation Airways and one of its pilots by the Nigerian Civil Aviation Authority (NCAA). This was contained in the Report submitted by the Panel to the regulatory authority at the conclusion of the sitting.  First Nation Airways had earlier filed an appeal following a Letter of Sanction written to the airline on the 23rd of January 23rd, 2017. It will…

Etihad Airways has announced its 2016 financial results, recording a net loss of $ 1.87 billion on $ 8.36 billion in revenues as one-off impairment charges and fuel hedging losses weighed against a solid performance of the core airline.   The core airline business achieved steady passenger revenues of $ 4.9 billion and 79% load factors while carrying a record 18.5 million passengers. Available seat kilometres (ASKs) increased by 9% to 113.9 billion.    Yields…

Air France presents its new airline, Joon, which will start operating medium-haul flights from Paris-Charles de Gaulle this autumn, followed by long-haul flights in summer 2018.   Joon is especially aimed at a young working clientele, the millennials (18 to 35 year-olds), whose lifestyles revolve around digital technology. This new brand has been entirely designed to meet their requirements and aspirations, with an authentic and connected offering that stands out in the world of air…

Doctors took delivery of a baby on board Lufthansa German Airlines. The birth took place over the Atlantic. The carrier in a statement confirmed that a passenger gave birth on board during the flight LH543 from Bogota on the way to Frankfurt. The flight started at 21:00 local time in Bogota on July 25th, 2017..  Three doctors were said to be  on board and supported the crew during the delivery. In order provide the best medical care and assistance…