Aviation Archives - Page 3 of 10

Lawmakers push to harmonise aviation sector taxes, charges

Posted on April 14, 2026 by Wole Shadare

Monitors ECOWAS’ charge for travel tax cut Charges eating deep into carriers’ thin margin, says Minister The Chairman of the Senate Committee on Aviation, Senator Abdulfatai Buhari, has been a vocal advocate for the harmonisation of taxes and charges in the Nigerian aviation sector, especially as the industry enters a new fiscal era in 2026. Buhari, while speaking exclusively with Aviation Metric at the just concluded Nigeria Aircraft Acquisition and Investment Summit (NAAIS) 2026, said…

Nation playing aviation underinvestment catch-up, says Kuku

Posted on March 27, 2026March 27, 2026 by Wole Shadare

Infrastructure only half the battle, warned Sanusi, Uriesi The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, delivered a blunt assessment of Nigeria’s aviation investment climate at the first-quarter 2026 Aviation Safety Round Table Initiative (ASRTI) Business Breakfast Meeting in Lagos on Thursday. Kuku noted that the country is still playing catch-up after years of underinvestment, stressing that the government alone cannot fund the scale of development required across…

Nigeria Aviation Hall of Fame holds 2nd edition

Posted on March 17, 2026 by Wole Shadare

The Nigeria Aviation Hall of Fame (NAHF) has announced the second edition of the induction of industry leaders, slated for May 2026 The principal organiser of NAHF, Mr Wole Shadare, said in a statement in Lagos that the event will be used to recognise aviation professionals’ dedication, achievements and service to the industry. Adeoye and Shadare “This prestigious event will recognise and enshrine the class of visionaries whose contributions have fundamentally shaped the landscape of…

US/Israel attack: Sky in turmoil, airlines record unprecedented scale of flight disruptions

Posted on February 28, 2026February 28, 2026 by Wole Shadare

Over 9,600 flights cancelled, unprecedented Multiple nations shut airspace to civilian traffic A massive military escalation in the Middle East has triggered a widespread airspace shutdown today, severely disrupting global aviation. The crisis began following joint United States and Israeli strikes on Iranian targets, including Tehran, which prompted immediate retaliatory missile attacks from Iran. The conflict has forced the closure of some of the world’s most critical air corridors and hubs. Multiple nations have shut their…

Aviation Minister Presents ₦184.39BN 2026 Budget Proposal To N’Assembly

Posted on February 26, 2026February 26, 2026 by Wole Shadare

The Minister of Aviation and Aerospace Development, Festus Keyamo, has presented the sum of ₦184,392,160,433.00 as the Ministry’s proposed 2026 budget to the joint Senate and House of Representatives Committees on Aviation. Presenting the proposal at the National Assembly, the Minister expressed appreciation to the Committees for their unwavering support and cooperation since the current administration’s inception. He reiterated the Ministry’s commitment to sustaining a strong partnership with the National Assembly in advancing the growth…

Africa’s aviation caught in ‘profitless’ growth cycle

Posted on February 10, 2026 by Wole Shadare

The phrase “more passengers” has become a bitter pill for many African airline owners. While a 6.0% surge in traffic sounds like a success story, the underlying economics of the continent act as a profit siphon, ensuring that most of that revenue never reaches the bottom line, writes WOLE SHADARE Africa’s aviation industry is defined by a striking paradox: it is home to some of the world’s fastest-growing traffic demand, yet it remains the least profitable…

AFCAC: Africa’s aviation sector showed resilience in 2025

Posted on January 14, 2026 by Wole Shadare

The African Civil Aviation Commission (AFCAC) said that, in a complex and evolving global context, the continent’s aviation industry has demonstrated resilience, cohesion, and steady progress, guided by decisions of AFCAC’s governing organs that align with the African Union (AU) integration agenda. The AFCAC’s Secretary-General, Adeyemi Adefunke, stated this at the agency’s 2025 performance report, highlighting a defining and resilient year for the continent’s aviation sector. Adefunke noted that the commission remained steadfast in its…

Aviation Year 2025: Sector at critical reset point

Posted on December 30, 2025December 30, 2025 by Wole Shadare

Year 2025 was a study in contrasts, defined by significant regulatory and policy milestones set against the backdrop of a severe economic growth crash and record-high airfares, writes WOLE SHADARE In 2025, the sector moved beyond mere survival, hitting several historic milestones that mark a shift from potential to execution. Appraising the Nigerian aviation industry in 2025 reveals a sector at a critical reset point. While the industry is grappling with severe macroeconomic headwinds—specifically high…

State-owned airlines signpost new era in Nigerian aviation

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

Survival higher if professionally run Stakeholders: Ibom Air model for state carriers Lagos, Anambra, Ebonyi, others moot idea In a significant shift within Nigeria’s aviation sector, a growing number of state governments are moving beyond airport development and are now actively establishing or partnering to set up their own airlines. This trend, spearheaded by successes such as Ibom Air, signals a renewed government interest in a sector previously dominated by private enterprise following the…

Nigeria’s aviation contribution to GDP hits $2.5 billion-AFCAC scribe

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

How Nigeria can tap into SAATM potential The Secretary-General of the African Civil Aviation Commission (AFCAC), Ms Adefunke Adeyemi, said that the Single African Air Transport Market (SAATM) is a strategic roadmap to transform Nigeria into Africa’s aviation powerhouse. This came as Nigeria saw its aviation’s contribution to the country’s Gross Domestic Product (GDP) increase to $2.5 billion this year from $1.7 billion. She also stated that Nigeria should focus on the vast opportunities…

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