Recession takes toll on Nigerian, foreign carriers

Recession takes toll on Nigerian, foreign carriers

*Airlines ’ll go burst again, expert warns A slowdown in the major global economies is taking its toll on passenger air travel. The situation is same for Nigerian carriers, which are also going through financial crisis occasioned by tough economic environment. An aviation management consultant, who spoke to woleshadare.net under condition of anonymity, said the situation is not limited to Nigerian carriers, adding that foreign airlines operating to the country have jettisoned the use of bigger…

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Foreign airlines enjoy 80% market share in Africa

Foreign airlines enjoy 80% market share in Africa

Despite the huge potentials, African carriers are playing second fiddle to foreign airlines, which are said to be controlling 80 per cent of the region’s aviation market, leaving the remaining 20 per cent for their Africans counterparts. This has triggered concern of huge imbalance between the pair. Aviation experts, however, expressed disappointment with the situation, saying it had slowed aviation growth despite Africa’s over one billion population. To them, the domination of the market by…

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Nigeria, others eye 2017 single African air transport

Nigeria, others eye 2017 single African air transport

Nigeria, Egypt, Morocco, South Africa, Rwanda and Zimbabwe are at the verge of meeting the target of having a single air transport market by the end of January 2017, Secretary General, African Airlines Association (AFRAA), Dr. Elijah Chingosho, has said.   Chingosho said the possibility was very high considering the fact that these nations were ready to implement the Yamoussoukro Declaration that calls for African countries to open their skies to more flights from African…

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IATA forecasts Africa’s economy to grow by 4.7% in five years

IATA forecasts Africa’s economy to grow by 4.7% in five years

*Unfolds  Aviation Day Africa agenda  Over the next five years, the African economy is forecast to grow at a strong 4.7 per cent per year, well above the global average rate, according to the International Air Transport Association (IATA). It added that for the continent to realise its full economic potential, aviation – particularly commercial air transport – must be prioritised. Aviation in Africa carries over 70 million passengers a year, supports more than 6.9 million…

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NTDC endorses flyboku.com

NTDC endorses flyboku.com

Flyboku.com an online digital travel and tours management portal has been officially endorsed by the Nigerian Tourism Development Corporation (NTDC) for its innovation and investment in the tourism sector. The digital online portal was recently launched for the Nigerian tourism market.   The endorsement was done by the Director General of N.T.D.C, Mrs Sally Uwechue-Mbanefo at the launch of Flyboku.com and a certificate of endorsement has just been presented to the organisation. Mbanefo described Flyboku.com…

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Medview Airlines offers commission to travel agents

Medview Airlines offers commission to travel agents

*Meet trade partners in Accra *To begin Dubai route in July Nigeria’s flag carrier airline, Medview Airline has re-introduced tickets sales commission to travel agents who sell its ticket on its entire routes network. The disclosure was made by a top official of the airline, Capt. Godffrey Ogbogu, who represented the Managing Director, Alhaji Muneer Bankole when the airline met with its trade partners at the Nigeria High Commission in Accra, Ghana which culminated in the…

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Perishable items :Cargo expert wants landing costs removed 

Perishable items :Cargo expert wants landing costs removed 

…… Seeks halt in double taxation The federal government has been called upon to remove landing costs for carriers of perishable items in order to encourage exports in the country. The chief executive officer of FMC aviation services limited, Mr. Herbert Odika who made this call while speaking with woleshadare.net also  called for a halt in double taxation by aviation agencies in the country. “For perishable items, if the government can give concession in terms…

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Air travel still safest form of travel

Air travel still safest form of travel

Travelling by road or sea is far more risky than travelling by air, WOLE SHADARE writes   Risky venture It’s true that flying is not without risk: flying several hundred people tens of thousands of feet above the earth at close to the speed of sound in an environment subject to turbulence and low temperatures (-55°C) in a pressurised aluminium tube packed with fuel and potential ignition sources simply cannot be without risk. Fortunately, thanks…

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Passenger traffic up by over 23% in 12 years-Dunoma

Passenger traffic up by over 23% in 12 years-Dunoma

The Managing Director of the Federal Airports Authority (FAAN), Saleh Dunoma, has said that in the past 12 years, passenger traffic at the airports increased from 4.4milion to 15million per annum (over 23 per cent), adding that the authority is expanding its capacity to accommodate envisaged growth.  He also said the new international terminals being constructed simultaneously in Lagos, Abuja, Port Harcourt, Kano and Enugu will increase capacity and improve passenger facilitation.  Dunoma stated this…

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Nigerian airlines’ scramble for IOSA

Nigerian airlines’ scramble for IOSA

  The International Air Transport Association has boosted its commitment to improving aviation safety in Africa.  With three Nigerians already IOSA-certified and more on the line, the sector could witness enhanced safety, WOLE SHADARE writes Heeding the call   Nigeria may have heeded the call by IATA for African governments to focus on adoption and adherence to global standards to assure a safe, efficient and integrated air transport system. Connectivity is critical for African growth…

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