Air Archives - Aviation metric

Air Finance: Breaking the African risk premium

Posted on March 17, 2026March 17, 2026 by Wole Shadare

With the AfDB and Afreximbank acting as the first loss guarantors, the private sector is finally finding the courage to invest in African skies, writes WOLE SHADARE For decades, the story of African aviation has been written in red ink, hampered by a risk premium that forced local carriers to pay up to 25% more for aircraft than their global peers. But as of March 2026, the script is being rewritten. A new, continent-wide financial policy…

Arik Air bags airline of the Year 2024 award

Posted on March 1, 2025March 1, 2025 by Wole Shadare

Arik Air has been honoured with the award of the Labour Friendly Airline of the Year 2024 by the Joint Consultative and Negotiating Council (JCNC), an amalgam of the four existing trade unions in the Federal Ministry of Aviation and Aerospace Development. The award was presented by the Permanent Secretary, Federal Ministry of Aviation and Aerospace Development, Dr. Ibrahim Abubakar Kana, who represented the Minister at the 11th edition of the Aviation Workers Week held…

Frequent air crashes raise passengers’ anxiety

Posted on February 25, 2025February 25, 2025 by Wole Shadare

The crash of Delta Air Lines’s flight on the runway of Canada’s Toronto Pearson International Airport in which 18 people were injured has raised growing concerns as aviation incidents seem to rise in 2025. Whether safety in commercial aviation is degrading is a possibility that needs to be considered. Public perception has been skewed by recent disasters, such as the Delta Connection Flight 4819 and many others before it. Over the last two months, global commercial air…

Nigeria, UAE renegotiate air ties

Posted on September 29, 2024 by Wole Shadare

The Nigerian government has concluded negotiations with the United Arab Emirates (UAE) to pave the way for the resumption of Emirates Airlines’ flight operations to Nigeria on October 1. The agreement marks a significant milestone in the development of aviation ties between the two nations. The Minister of Aviation and Aerospace Development, Festus Keyamo, led a technical team in constructive discussions with UAE aviation authorities to ensure a smooth reintroduction of Emirates Airlines into the…