Airlines Archives - Page 5 of 8

Aligbe: Nigeria big enough to harness global air travel potential

Posted on January 15, 2025January 15, 2025 by Wole Shadare

The Chief Executive of Belujane Konsult, Mr Chris Aligbe, said Nigeria is big enough to have three big and formidable airlines that can be either privately owned or government-backed carriers to harness air travel potentials for the country. He noted that the country needs a national flag carrier to strengthen Lagos or Abuja as a hub, stressing that no private airlines have ever built a hub. Aligbe He cited countries in Africa like Ethiopian Airlines,…

African airlines’ increase demand rises by 12.4%

Posted on January 9, 2025January 9, 2025 by Wole Shadare

African airlines saw a 12.4% year-on-year increase in demand. Capacity was up 6.0% year-on-year. The load factor rose to 72.9% (+4.1 ppt compared to November 2023) according to the International Air Transport Association (IATA) which released data for November 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometres (RPK), was up 8.1% compared to November 2023. Total capacity, measured in available seat kilometres (ASK), was up 5.7% year-on-year. The November…

Irate passengers turn violent, NCAA holds emergency meeting with airlines today

Posted on December 27, 2024December 27, 2024 by Wole Shadare

…NCAA seeks reports to ascertain carriers’ weather excuses The swift intervention of the Nigeria Civil Aviation Authority (NCAA) has averted what could have resulted in ugly situations at many of the country’s busy airports as airlines have engaged in flight delays and cancellations, leaving many passengers from reuniting with their loved ones. While the carriers have attributed this ugly scenario to bad weather, others who are knowledgeable about domestic airline business have linked the problem…

African airlines remain financially vulnerable

Posted on December 18, 2024 by Wole Shadare

Despite a recovery in revenue and marginal $0.2 billion profit for African airlines in 2025, there would be no return to profit for the majority of African carriers, writes WOLE SHADARE 2025 financial outlook The financial outlook for 2025 by the International Air Transport Association (IATA), which highlighted that total airline industry revenues are expected to be $1.007 trillion, representing an increase of 4.4% from 2024, is heartwarming and shows the speed at which airlines have recovered…

Airlines, ground handling firms rumble amid justification for hike in charges, fares

Posted on December 17, 2024December 17, 2024 by Wole Shadare

The Federal Government’s decision to devalue its currency has had a very serious impact on not only the entire economy but has also significantly damaged the entire aviation value chain. The two most noticeable areas that costs have been felt most are fare pricing and the 300% increase in the ground handling charges by the Nigerian Aviation Ground Handling Company Plc and the Skyway Aviation Handling Company Plc; the two firms that have become duopoly…

Minister: Bill to make govt officials, contractors fly only Nigerian airlines underway

Posted on December 13, 2024December 13, 2024 by Wole Shadare

Minister of Aviation and Aerospace Development Mr Festus Keyamo, on Friday vowed that the Fly Nigeria Act will see the light of the day and come to fruition under his tenure. The Minister lamented that the document which is expected to make it mandatory for government financed air transportation of government personnel, contractors, grantees and properties to be carried by a Nigeria Air Flag Carriers has yet to materialize more than 15 years when it…

FG worries over airlines’ short lifespan, seeks solution

Posted on December 12, 2024 by Wole Shadare

Over 50 carriers closed shops in 20 years The Federal government has expressed worry over the alarming rate of airline collapse in the country and has declared that it was ready to formulate policies that would lead to survival of carriers. It noted that it will put in place policies and processes that will ensure survival and growth of domestic airlines. The rate of airline extinction in Nigeria is quite alarming as many…

‘Stingy’ airlines amid exploitative fare inquisition

Posted on December 10, 2024December 10, 2024 by Wole Shadare

The Federal Competition and Consumer Protection Commission (FCCPC) may be waking up late to its responsibility but has picked up the gauntlet to protect consumers’ rights amid alleged exploitative fares by Air Peace and possibly other airlines. This is coming as Aero’s new fare slash is attracting passengers to a relatively quiet airline, writes, WOLE SHADARE Payback time The Christmas period is a period for giving. It is just a show of giving back to…

NCAA to sanction airlines over delayed refunds in 14 days, chides carriers’ passengers rights violations

Posted on December 9, 2024December 9, 2024 by Wole Shadare

Piqued by the deluge against airlines that have frustrated travellers over inability to make a refund for cancelled or delayed flights that span more than five hours, the Nigerian Civil Aviation Authority (NCAA) is ready to wield the big stick by sanctioning erring airlines. The agency said failure to comply with Part 19 of NCAA regulations will, henceforth, attract immediate sanctions. The airline sector is riddled with mounting complaints against airlines over flight delays and…

Airlines face existential threat, says ASRT President, Onitiju

Posted on November 28, 2024November 28, 2024 by Wole Shadare

Domestic travel volume shrinks over dwindling airplanes, others President of Aviation Round Table (ART) Air Commodore Ademola Onitiju (Rtd) said the volume of the domestic travelling public for whom the stakeholders and airline operators seek to make aircraft available is dwindling due to the high cost of air tickets and reduced purchasing power of Nigerian citizens. They equally emphasised the need for purposeful coordination between the aviation sector and other government agencies especially the …

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