NCAA: JET A1, week naira worsen airlines’ challenges

NCAA: JET A1, week naira worsen airlines’ challenges

The current skyrocketing price of Jet A1 otherwise known as aviation fuel and the deplorable state of the nation’s currency, naira, have been identified as some of the major challenges affecting the growth of the airline sub-sector in Nigeria. Other identified challenges are the high cost of providing standard air transport services, increasing demand for customer satisfaction by air travellers and rising cost of operation. Director-General of the Nigerian Civil Aviation Authority (NCAA), Capt. Muktar…

Read More

Why foreign carriers flourish on Nigerian routes

Why foreign carriers flourish on Nigerian routes

Notwithstanding the harsh economic reality, the classification of Nigeria as high yield and mixed income route would continue to make foreign carriers flourish. Managing Director of a leading airline, who preferred anonymity, expressed the view. He said that the pulling out of Iberia from the route was not because it is not lucrative, explaining that the European airline hadn’t built the type of capacity created over the years by airlines such as British Airways, Air…

Read More

Delta Airlines Orders 37 A321s

Delta Airlines Orders 37 A321s

United States based Delta Air Lines has placed an order for 37 A321ceo aircraft. This order follows previous Delta orders for the Current Engine Option version of the largest Airbus A320 Family member in 2013 and 2014. The airline took delivery of its first A321 in March 2016. This brings to a total of 82 A321s ordered by the carrier. Each will be powered by CFM56 engines from CFM International.   Delta’s incoming chief executive, Ed…

Read More

Again, Bi-Courtney, FAAN, Arik at loggerhead over GAT

Again, Bi-Courtney, FAAN, Arik at loggerhead over GAT

  *Arik owes us not FAAN, says Bi-Courtney   A fresh crisis looms in the aviation industry over the true ownership of the domestic wing of the Murtala Muhammed Airport, Lagos, otherwise known as General Aviation Terminal (GAT)         This is coming as Bi-Courtney Aviation Services Limited, operator of the ultra- modern Murtala Muhammed Airport 2 (MMA2) today, claimed that the N12.5 B purportedly owed the Federal Airports Authority of Nigeria (FAAN)…

Read More

Aero severes Skyborne pact, sacks 100 workers

Aero severes Skyborne pact, sacks 100 workers

One of Nigeria’s troubled airlines, Aero Contractors today sacked over a hundred support staff. But the management of the airline in a statement by its media consultant, Simon Tumba said the carrier only reviewed contract with Skyborne Tumba stated that in the course of reorgansing and repositioning its business, Aero Contractors has reviewed its relationship with Skyborne by cutting down some of the services required from the company. “This will help the company to invest more…

Read More

NCS begins investigation into battered FAAN staff incident

NCS begins investigation into battered FAAN staff incident

The Murtala Muhammed International Airport (MMIA) Command of Nigerian  Customs Service (NCS) has commenced investigations into the incident involving one of its officers and a staff of the Federal Airports  Authority of Nigeria (FAAN), over clash of right of way near the Palace Gate of the Cargo Terminal.  The investigation, the spokesperson of the Nigerian Customs Service  Airport Command, Thelma Williams said has become imperative  to establish the veracity of the claim by a staff of the Federal FAAN , that…

Read More

China Eastern Airlines orders 20 Airbus A350 XWB

China Eastern Airlines orders 20 Airbus A350 XWB

Endorsement pushes Airbus’ A350 XWB firm order book above 800    China Eastern Airlines has signed a purchase agreement with Airbus for 20 A350-900 aircraft, making the airline the latest customer for the aircraft.   “The introduction of the latest generation A350 XWB aircraft demonstrates that the partnership between China Eastern Airlines and Airbus has embarked on a new phase. The introduction of A350 XWB will play a very important role in promoting our operational…

Read More

Airbus profits fall In ‘challenging year’

Airbus profits fall In ‘challenging year’

Airbus posted a 23 percent drop in first quarter core operating profits to EUR€501 million. Group revenues were stable at EUR€12.2 billion “2016 turns out to be the challenging year we anticipated,” chief executive Tom Enders said in reporting the results. Shares in the Franco German-led group fell 6 percent as it highlighted challenges, including a setback on the A400M military transporter. Finance Director, Harald Wilhelm said the financial impact from recent problems with the…

Read More

Airlines pledge to liquidate outstanding debts

Airlines pledge to liquidate outstanding debts

Airline operators under the aegis of Airline Operators of Nigeria (AON) have pledged to ensure that all outstanding debts are paid to the Nigerian Civil Aviation Authority (NCAA) as agreed. This assurance was given during a meeting between the management of the regulatory authority led by the Director General, Capt. Muhtar Usman and the operators at the NCAA on Wednesday. A statement from spokesman for NCAA, Sam Adurogboye said over 20 airlines chief executives and…

Read More
1 … 600 601 602 603 604 … 617