Airlines Archives - Page 4 of 8

Aircraft scarcity, Nigerian airlines’ biggest challenge-Okonkwo

Posted on June 16, 2025 by Wole Shadare

· Unfulfilled orders for new aircraft hit 17,000 planes- IATA · Fleet depletion worsens carriers’ operations The chairman of United Nigeria Airlines, Prof. Obiora Okonkwo said scarcity of aircraft is the biggest problem Nigerian carriers face. He noted that the scarcity of aircraft was made possible by a backlog of aircraft that were supposed to have been delivered by the major aircraft makers, Boeing and Airbus but which were delayed as a result of Covid. The…

Airlines reel under persistent supply chain challenge

Posted on June 9, 2025 by Wole Shadare

The Chief Executive Officer of United States mega carrier, United Airlines, Scott Kirby lamented the incalculable damage the supply chain challenge has done to the entire aviation industry, stressing that he doesn’t know of any industry that has had as big a supply chain challenge as aviation coming out of the pandemic He further stated that many workers retired, noting that it will still take a while for the entire aviation supply chain to recover fully….

Mozambique tops $1.3 billion in airlines blocked funds by governments, Nigeria maintains clean bill

Posted on June 1, 2025June 2, 2025 by Wole Shadare

Trapped funds violate BASA, raise rate risks, says IATA The International Air Transport Association (IATA) reported that $1.3 billion in airline fund is blocked from repatriation by governments at the end of April 2025. This is a significant amount, although it is an improvement of 25% compared with the $1.7 billion reported for October 2024. For two years, Nigeria has maintained a clean bill as the country is not among the nations owing foreign carriers….

‘Aircraft on Ground’ increases airlines’ woes, passengers’ frustration at airports

Posted on May 13, 2025 by Wole Shadare

Operators abandon plane repairs over astronomical costs NCAA asks carriers to shrink schedules to cope with plane shortage Expert seeks special Forex window for operators The high number of unserviceable aircraft lying waste on the apron of many airports across the country highlights the precarious state of airlines in the country. Many carriers are reeling from the pain of not getting their aircraft back in the sky. The implication of many airplane on ground…

Analysts: Regular performance update I’ll improve airlines’ performance

Posted on April 7, 2025 by Wole Shadare

‘Why Nigerian carriers may not attract int’l interline partnership’ Despite the furore that greeted the executive summary of flight operations in Nigeria in 2024 released last week by the Nigeria Civil Aviation Authority (NCAA) that highlighted airlines’ huge flight delays, cancellations and gross poor service, analysts are of the view that regular update of such traffic data and reports would help to make airlines improve their services. This is coming as the Chief Executive…

A rash of BASA, commercial agreements amid airlines’ absence

Posted on March 25, 2025 by Wole Shadare

There has been flurry of activities recently around Bilateral Air Services Agreement (BASA) Nigeria has with many countries. While the Minister of Aviation and Aerospace Development, Festus Keyamo has been very busy inking new deals or reviewing existing ones, the status-quo remains. Where are the airlines from Nigeria to reciprocate these one-sided agreements? Nigerian carriers are secondary operators because there are no airlines to reciprocate these deals. It is a case of a case of pitting…

Sosina: Airports, airlines reaping liberalization benefits

Posted on March 17, 2025 by Wole Shadare

A former Secretary-General of African Civil Aviation Commission (AFCAC), Iyabo Sosina said the Single Africa Air Transport Market (SAATM) otherwise known as Africa’s version of the United States ‘Open Skies policy has helped the continent to increase capacity and flight services in the continent. Describing it as a win-win for as many countries in Africa that has adopted the air transport policy, Sosina said, “If you are actually going to look at the passenger figures…

Jibodu: Why airlines can’t breakeven

Posted on February 26, 2025February 26, 2025 by Wole Shadare

…Urges carriers to embrace dry-lease option The Chief Operating Officer of Bi-Courtney Aviation Services Limited, operator of Murtala Muhammed Airport (MMA2), Remi Jibodu said it is practically impossible for airlines to break-even because of high Banks’ interest rates and other challenges that the carriers are faced with. He reiterated that the high interest rates of about 30 percent from financial institutions coupled with inflation standing at 27.4 per cent makes it extremely difficult for…

Okonkwo: Multiple charges, airlines’ albatross

Posted on February 12, 2025February 12, 2025 by Wole Shadare

…says forex policy, Cape Town conventions has imparted operations positivel Founder of United Nigeria Airlines, Professor Obiora Okonkwo on Wednesday said multiple charges by government agencies in the country’s aviation sector remains domestic operators’ nightmare and called on the federal government to urgently address the challenge. He however said the forex policy of President Bola Ahmed Tinubu has been of tremendous advantage to the airline industry and provided some relief adding also that the…

African airline cargo demand up 8.5% in 2024, continent accounted for 2% air cargo mkt

Posted on January 29, 2025January 29, 2025 by Wole Shadare

African airlines saw 8.5% year-on-year demand growth for air cargo in 2024 according to the International Air Transport Association (IATA) full-year analysis of the air cargo sector’s performance based on traffic and capacity data captured in each region worldwide. On a year-on-year basis in 2024, African airlines saw 8.5% year-on-year demand growth for air cargo; an increased cargo capacity by 13.6% year-on-year achieving a 41.8% cargo load factor (i.e. less than half of the available…

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