Experts to speak at summit on fraud detection, prevention in the Nigerian airline industry

 

Nigeria Aviation Forum (NAF) holds its inaugural summit with the theme: “Fraud Trigger, Detection, and Prevention: An experience from Nigerian Airline Industry”.

The online summit will be held on Tuesday, August 16, 2022, at 11 am via Zoom with speakers from Aero, Dana, Arik, Peace, NCAA, AMOs, among others.

Other speakers lined up are Chief Executive Officer at West Link Airlines ·Capt. Ibrahim Mshella, former Director-General of the Nigerian Civil Aviation Authority (NCAA), Benedict Adeyileka, former Managing Director of Aero Contractors, Capt. Ado Sanusi, Aviation consultant, Dr. Daniel Young, Convener of the event and Founder 7-Star Global Hangar, Isaac Balami David, President, Aircraft Owners, and Pilots Association of Nigeria/former Chief Executive Officer, Associated Airlines, Dr. Alex Nwuba, Principal Managing Partner, Avaero Capital, Sindy Foster among others.

 

Some Nigerian airlines

NAF 2022 is a research-driven event promoted by the 7 Star Global Institute of Management, Science, and Technology to gather experts and aviation practitioners’ insights as well as the passengers and diverse stakeholders towards optimizing and engendering global best practices in the industry.

This is very important when mirrored on the basis of the role that the industry plays in the global/National economy.

Participation is 100% free however, you would be required to spend at least one minute to respond to our pre-assessment questionnaire through this link https://forms.gle/f2V5Pv8P3e5FRiJE8  because the event is research-based.

The finding from this event will be shared with all the participants, and public and private organizations working within the Aviation Industry as a fraud mitigation framework.

This theme was inspired by a dissertation in Fraud and Risk Management approved by the Salford University UK and Robert Kennedy College Switzerland.

Participants will receive the Zoom meeting link after responding to the pre-assessment questionnaire through this link https://forms.gle/f2V5Pv8P3e5FRiJE8.

The International Air Transport Association (IATA) estimates that payment fraud costs the airline industry about $858 million per year, of which $639 million is borne by airlines.

For an industry that is squeezed on every side by the increasing cost of raw materials, scarce talent, stringent government norms, and stiff competition from each other, the last thing airline companies want is a big dent in their balance sheet because of fraudulent transactions.

 

Fighting fraud in the airline industry is a top priority for organisations across the world. With the availability of modern fraud detection technology, airlines now stand a fighting chance against their savvy opponents.

Airline transaction fraud is not just a problem for the companies affected; it has a ripple effect on people and organizations that are associated with these companies.

Wole Shadare