FG Under Pressure To Rescue Airlines

FG Under Pressure To Rescue Airlines

• Mulls Bailout Funds With Low Interest Rates, Others The Federal Government is under immense pressure to rescue Nigerian carriers from extinction, as it weighs options that would allow the airlines remain afloat. Woleshadare.net learnt that the Minister of State for Aviation, Hadi Sirika, is tinkering with many options. Among such options is to write a memo to President Muhammadu Buhari on the need to offer fresh bail out to the carriers. But this option…

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IATA’s BSP totalled $250 billion in 2015

IATA’s BSP totalled $250 billion in 2015

The International Air Transport Association ((IATA), the clearing house for more than 240 airlines across the globe said since its introduction 45 years ago, the Billing and Settlement Plan (BSP) has successfully facilitated the distribution and settlement of funds between travel agents and airlines, which totaled more than $230 billion in 2015.   This is coming as the group announced that the IATA Passenger Agency Conference (PAConf) adopted Resolutions supporting the development of the New…

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Again, NDLEA warns pilgrims against drugs trafficking

Again, NDLEA warns pilgrims against drugs trafficking

The National Drug Law Enforcement Agency (NDLEA) has again warned pilgrims against going to the holy land with cocaine or any narcotics substance. The agency said any substance either injected or hidden, would be detected by the agency. An officer-in-charge of Hajj operations at the NDLEA, Alhaji Aliyu Shinkafi explained that drug trafficking attracts death sentence in Saudi Arabia, the consequence of it before Almighty God is equally huge. Shinkafi spoke at the Hajj seminar…

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‘Monies govt. agencies collect from airlines not well utilised’

‘Monies govt. agencies collect from airlines not well utilised’

Mr. Obi Mbanuzuo is the Chief Operating Officer/ Accountable Manager for Dana Air. In this interview with WOLE SHADARE, he speaks on various issues plaguing the aviation industry; ranging from multiple taxations, high cost of aviation fuel and how Nigeria has failed to tap the enormous aviation potential locally, among others. Excerpts: Airlines are in dire straits. What do you consider the way out of their current depression, especially now that the economy is in…

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Boeing, Airbus rivalry gathers steam

Boeing, Airbus rivalry gathers steam

For the past 20 years, the skies have seen huge jet airliners from only two companies; Boeing and Airbus. It is unlikely any other competition will take off to challenge these two anytime soon, writes WOLE SHADARE   Fierce battle It is a rivalry that dates back to many years and it seems to be becoming fiercer, as Boeing and Airbus, two biggest aircraft makers are at each other’s throat in a bid to gain…

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Audit: N30B annual aviation revenue, pilfered, wasted- Expert

Audit: N30B annual aviation revenue, pilfered, wasted- Expert

  The on-going audit of the aviation agencies would bring accountability to a system that is fraught with graft, revive the institution of fiscal discipline, ensure transparency and accountability in the management of public finance.   This was the view of a former Commandant, Murtala Muhammed Airport, Lagos, Group Capt. John Ojikutu (rtd) in a position paper he sent to woleshadareNews.   He further disclosed that over N30B generated from the agency annually are usually…

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How Terrorism Puts Aviation At Risk

How Terrorism Puts Aviation At Risk

For safety in air transport globally, there must be comprehensive security apparatus that would guaranty fool proof system, writes WOLE SHADARE Providing security If airplanes and passengers, as well as property and people on the ground are to be protected, potential perpetrators of aviation terrorism must be prevented from breaching security checkpoints and gaining access to “secure” airport areas and aircraft. Given the inter-connectedness of the air transportation system, a sufficiently high level of security…

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African Union now issues Pan African e-passports

African Union now issues Pan African e-passports

Travel and tourism within Africa may become easier soon, at least for some. Currently holders of an African passport require visas to visit at least 30 countries on the continent. The African Union is seeking to change this with the launch of a pan-African e-passport.   African heads of state and top African Union (AU) officials will be the first to receive this new travel document. The plan is to issue the passport to all…

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Lufthansa equips flights with internet connectivity

Lufthansa equips flights with  internet connectivity

As part of efforts to make air travel enjoyable, Lufthansa German Airline has equipped its entire wide-body aircraft including the A330-300 deployed on the Nigerian destinations with broad band internet on board.   The carrier also stated that from October this year the first short- and medium-haul aircraft would take off with broadband internet on board. Lufthansa’s entire A320 family fleet is expected to have the innovative technology installed by mid-2018.   One key milestone…

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Travel leaders to discuss African airlines’ challenges at Accra Weizo

Travel leaders to discuss African airlines’ challenges at Accra Weizo

*Airlines, others nominated for awards Governor Ben Ayade, the Minister of Tourism, Ghana’s, Elizabeth Ofosu-Adjare and the Tourism Minister of Gambia, Benjamin Roberts are the Leading candidates nominated by the Balafon Award committee for the West African Tourism Man of the year award. The maiden edition of the Award was won last year by the Minister of Tourism Ghana at Accra Weizo. Since the last edition the Minister has increased her tempo of marketing Ghana…

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