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Alleges ex-minister cancelled prejudgment bills Airlines such as Triax, Sosoliso, Air Nigeria, Premium Air Shuttle, Gas, Okada, Sahara, Oriental and Chanchangi among others, closed shop because of hostility meted out to them by government agencies in their bid to recover their debts, the Airline operators under the aegis of Airline Operators of Nigeria (AON) has said. Chairman, AON, Capt. Noggie Meggison, disclosed this to woleshadare.net in Lagos. He described the over N38 billion allegedly owed NAMAN8.08 billion,…

Dearth of skilled manpower in Nigeria’s aviation has compounded the woes of the industry, Woleshadarenews has learnt. This is said to be threatening the ability of the industry to meet her safety oversight functions. This problem is, however, not limited to the aviation sector in Nigeria. For the past nine years, a major obstacle in Africa’s inability to meet its safety oversight functions is the lack of requisite competent manpower. President, Nigerian Aviation Safety Initiative…

Med-View Airline PLC, a flag carrier for the 2016 Hajj operations, has airlifted over 10,000 pilgrims to Saudi Arabia in less than two weeks. While over 9,500 were airlifted from Nigeria, 1000 were airlifted from another West African country, Mali since August 8 when it commenced the airlift. Managing Director and Chief Executive Officer of the airline, Alhaji Muneer Bankole disclosed this on Sunday during the annual Hajj seminar for international hajj pilgrims going through…

*Carpets agencies over inefficiency, plans to cripple carriers Airline Operators under the aegis of Airline Operators of Nigeria (AON) has described the debts they allegedly owe virtually all the aviation agencies as ‘phantom’, one that does not exist. The airlines, including those that have ceased operation owe Nigerian Civil Aviation Authority (NCAA), the Federal Airports Authority of Nigeria (FAAN) and the Nigerian Airspace Management Agency (NAMA) debts amounting to over N30b. The Chairman of AON,…

The tough economic situation has slowed airlines’ expansion programme. Banks’ double interest rates are killing, while financial institutions that fund the sector are also feeling the heat; signposting a very difficult period for carriers. WOLE SHADARE reports Hope Dims Nigerian airlines’ last ray of hope for bank funding seems to be fading. The airlines passing through financial turbulence are finding it difficult to approach banks to rescue them following huge indebtedness to various financial institutions….

Ethiopian Airlines, the fastest growing and the largest African airline, has taken another leap forward by receiving its second Airbus A350 XWB, which arrived at Addis Ababa Bole International Airport on Tuesday, August 16, 2016. Since June 30, 2016, Africa’s First Ethiopian A350 dubbed “Simien Mountains”, has been flying to various African destinations, the Middle East, and recently to London, adding a new level of comfort to its valued customers. Passengers can now enjoy the…

Aviation experts have again raised the alarm over problems that airlines in the country are presently going through, which may drive others out of business. They listed factors ranging from increase in Jet A1 (Aviation fuel) to its non-availability down to access to foreign exchange to do business (as aviation in Nigeria is 98 per cent foreign exchange dependent), to the multiple charges that airlines have to bear. To them, the aviation industry is not…