UK, Australia deport 40 Nigerians

UK, Australia deport 40 Nigerians

The, United Kingdom and Australia today deported 40 Nigerians for various immigration offences. This is the second time in two months that the UK would deport Nigerians over various offences committed by them. The deportees comprising males and females, arrived the hajj camp area of the Murtala Muhammed International Airport at 7:25am in a chartered aircraft. The chartered aircraft with registration number ZTA -4741 brought into the country 36 Nigerians comprising 29 males and seven…

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Flight MS804: Egypt’s tourism trade ‘one disaster from being finished’

Flight MS804: Egypt’s tourism trade ‘one disaster from being finished’

 * EgyptAir plane disappears, terrorism suspected   After a decade of political turmoil and the downing of a holiday jet last year, tourism in Egypt was left in a desperate state – so will the MS804 tragedy sound the death knell for the industry? Figures from February this year show that visitor numbers to Egypt practically halved and the average number of nights spent in the country is down by 67.2 per cent compared to…

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EgyptAir flight from Paris to Cairo ‘crashes off Greek Island’ with 66 on board

EgyptAir flight from Paris to Cairo ‘crashes off Greek Island’ with 66 on board

An EgyptAir flight carrying 66 passengers and crew on a flight from Paris to Cairo went missing on Thursday, disappearing from radar over the Mediterranean Sea, Egypt’s national airline said.        WHAT WE KNOW An EgyptAir plane carrying 56 passengers and 10 crew en route from Paris to Cairo has gone missing. French President Francois Hollande said Flight 804 “crashed” and that “no hypothesis” could be ruled out. The plane emitted no distress signal, but…

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African carriers to lose $100m in 2016

African carriers to lose $100m in 2016

African airlines are in dire straits as they are likely to lose $100 million in 2016, according to Chief Executive, Airlines Association of Southern Africa (AASA), Chris Zweigenthal. He disclosed this at the three-day Air Finance for Africa summit that ended in Johannesburg, South Africa, last weekend. This is, however, an improvement on the $300 million loss recorded by the continent’s carriers last year. The AASA boss equally lamented that out of 200 African airlines,…

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African airlines in intensive ward

African airlines in intensive ward

This year’s Air Finance for Africa summit ended in Johannesburg, South Africa, with tales of woes trailing airline developments. WOLE SHADARE writes The gathering Global aviation experts, who converged on Johannesburg, South Africa, hinged the growth of the aviation industry on sustainable airline operations. They spoke at the 25th yearly African Aviation Finance Conference with the theme: “Air finance for Africa.” In attendance were some African leaders; representatives of aircraft giants – Boeing; Airbus; –…

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Arik, others to benefit from $20bn Afreximbank loan

Arik, others to benefit from $20bn Afreximbank loan

 From our correspondent in Johannesburg Nigeria’s flag carrier airline, Arik, and some others within the continent could be injected with funds by the African Export-Import Bank (Afreximbank) to revive their operations, if an arrangement to this effect scales through. To this end, over $20 billion (about N4 trillion) has been earmarked as part of syndicated loans to assist the carriers get out of the woods. Senior Manager, Syndicated and Special Finance Department, Afreximbank, Samuel Mugoya,…

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African airlines, others witness drop in demand

African airlines, others witness drop in demand

The International Air Transport Association (IATA) has released demand growth data for global air freight markets for March 2016 showing a 2.0 per cent drop in volumes measured in freight tonne kilometers (FTKs) compared to the same period last year.  In contrast, freight capacity (measured in available freight tonne kilometers or AFTKs) rose by 6.9 per cent, putting increased pressure on already struggling yields. The weak results reflect subdued growth in world trade, exaggerated by…

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Accra: what attraction for Nigeria airlines

Accra: what attraction for Nigeria airlines

The demise of Ghana Airways, Nigeria Airways and Air Afrique made interconnectivity within the West African sub-region very difficult. But the Nigerian airlines are now filling the gap, as they dominate the region, writes WOLE SHADARE Big attraction What could be the attractions for Nigerian airlines, as four of her carriers scramble for Accra route? Medview, Arik, Aero and Dana have all made Accra their fortress, providing air services to the city and connecting flights…

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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…

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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…

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