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The Federal Government has appointed two new Directors for the Federal Airports Authority of Nigeria (FAAN) to fill vacant position aftermath sack and demotion of directors, Acting General Managers, Deputy General Managers and General Managers of the aviation agencies.     The Federal Government had last week begun the restructuring exercise in FAAN with the demotion of some directors and 10 General Managers of the agency even as the Ministry of Transportation insisted that the…

*Figure up from 3.8 billion in 2016   The International Air Transport Association (IATA) laid out a transformative vision for air travel that will enable aviation to successfully accommodate a near doubling in demand for air travel over the next two decades.   According to IATA’s latest passenger forecast, some 7.2 billion air trips will take place in 2035, up from 3.8 billion in 2016.   IATA’s Director-General, Alexandre de Junaic said, “My dream journey…

  Virtually all Nigerian airlines are in bad financial state. A weak airline that owes workers, engineers, pilots and not able to meet its financial obligations is preparing the ground for disaster. WOLE SHADARE reports Unstable business Despite the increasing number of Nigerians who used to take to air travel for business and pleasure, the airline industry in Nigeria has historically been and remains one of the most financially unstable businesses. Although air carriers in…

Majority of airlines in Nigeria fail because they lack good corporate governance and are ‘one man business venture’. The Director-General of the Nigerian Civil Aviation Authority (NCAA), Capt. Muhtar Usman, disclosed this when the House of Representatives Committee on Aviation visited the agency.   Muhtar, however, stated that the situation was changing, as Nigeria is not experiencing frequency of airline collapse compared to the past, adding that the aviation regulatory body would stop any carrier…

From right, Area Manager, South-West Africa,  International Air Transport Association, (IATA) Mr. Samson Fatoki, presenting IATA Certificate (Aviation Safety Rated Certificate) to Managing Director/Chief Executive Officer, (MD/CEO), Med-View  Airline Plc, Alhaji Muneer Bankole, Head, Flight Operations, Med-View, Capt. Godfrey Ogbogwu and Executive Director, Technical, Med-View, Engr. Lookman Animashaun at the Company’s Corporate Headquarters, Ikeja, Lagos yesterday.     Area Manager, South-West Africa,  International Air Transport Association, (IATA) Mr. Samson Fatoki, (2nd right) presenting IATA Certificate…

Nigeria’s flag carrier airline, Medview received a boost to its operations as the carrier was awarded the  IATA Operational Safety Audit (IOSA) audit, meaning that the airline has complied with all safety regulations. The IATA Operational Safety Audit (IOSA) programme is an internationally recognised and accepted evaluation system designed to assess the operational management and control systems of an airline. IOSA uses internationally recognised quality audit principles and is designed to conduct audits in a…

•NCAA wants forex priority for carriers The over 40 per cent devaluation of Nigeria’s currency – the Naira coupled with the astronomical rise in the price of aircraft lease or outright purchase, have constrained Nigerian airline operators’ growth, WoleshadareNews has learnt. This was disclosed by the Director-General of Nigerian Civil Aviation Authority (NCAA), Capt Muhtar Usman, on the sideline during the visit by the House of Representatives Committee on Aviation in Lagos. The naira, which…

*How Sirika pressured govt. to act    Nigerian airline operators are still pessimistic about securing special sectorial allocation of foreign exchange for them in the Secondary Market Intervention Sales (SMIS), saying the implementation would determine its success. Some of the operators who lauded the initiative told WoleshadareNews that that does not clear the immediate problems of the airlines, adding that the modalities and availability of forex from Banks would determine its workability. The Managing Director…

*Singapore Airlines A350 Headed for San Francisco Airbus celebrated the delivery of its 10,000th aircraft, and Singapore Airlines’ seventh A350 plane which will launch on Singapore’s new route to San Francisco this month. It is one of 67 A350s that Singapore Airlines has ordered from Airbus, and was decorated with a special 10,000 livery to mark its significance. The A350 is the airline industry’s latest state-of-the-art plane, and promises to quickly become a passenger favourite….