Nigeria, Boeing sign deal to stem $200 million annual overseas aircraft repairs

Nigeria, Boeing sign deal to stem $200 million annual overseas aircraft repairs

• Minister unveils gains of Nigeria’s first int’l airshow The Federal Government has signed agreements with aircraft giant, Boeing and Cranfield University to establish state-of-the-art aircraft maintenance facility otherwise known as aircraft Maintenance Repair Overhaul (MRO) saying it would help in reducing the $200 million annual capital flight for aircraft overseas. The government disclosed that Aero Contractors and XEJet are leading this transformation with new hubs in Lagos and Abuja. President Bola Tinubu who was…

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Boeing, Airbus, IATA predict only Africa airline market to grow significantly in 20 years

Boeing, Airbus, IATA predict only Africa airline market to grow significantly in 20 years

The potential of the African continent in the area of aviation has made two of the world’s biggest aircraft makers, Boeing and Airbus, to see it as a major area of interest. Major airlines are equally expanding operations, connecting the region in a way never seen in more than 20 years. While home to 18 per cent of the global population, sadly, Africa makes up just two per cent of global air traffic, and two…

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United expands foothold in Africa, Boeing slow plane delivery hampers expansion

United expands foothold in Africa, Boeing slow plane delivery hampers expansion

Wole Shadare (New York) One of the United States biggest airlines, United,  said it wants to grow more routes in Africa, stressing that one of its desires is to add cities in Africa as part of its growth plans The Chief Executive Officer of United Airlines, Scott Kirby told Aviation Metric in New York, United States, last week at the unveiling of its new United Polaris Studio suites, to give travellers new travel experience in its B787-9 aircraft, said. “We…

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Boeing confirms China aircraft deliveries have stalled

Boeing confirms China aircraft deliveries have stalled

Boeing has stated in its latest quarterly update that Chinese airlines do not intend to take delivery of new aircraft. The aircraft maker confirmed that aircraft deliveries to China have effectively come to a standstill. CFO Brian West stated during the Q1 2025 earnings call that “many of our customers in China have indicated they will not take delivery” due to retaliatory tariffs”. “The only region that we have an issue with aircraft delivery today…

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Qatar Airways Nears Boeing 777 Fleet-Wide Starlink Upgrade

Qatar Airways Nears Boeing 777 Fleet-Wide Starlink Upgrade

…Set to Expand to Airbus A350 this Month   Qatar Airways, the largest global airline offering Starlink’s high-speed internet on-board, is now a few aircraft away from completing its Boeing 777 fleet-wide upgrade. The airline’s rapid rollout reinforces in-flight innovation leadership and marks one of the fastest and most ambitious Starlink installations in the aviation industry. In its latest global first, Qatar Airways will begin equipping its Airbus A350 fleet with Starlink Wi-Fi this month,…

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Boeing, Airbus in fierce battle for Middle East, African market with 5,320 aircraft projection by 2043

Boeing, Airbus in fierce battle for Middle East, African market with 5,320 aircraft projection by 2043

Passenger air traffic in Africa will increase 6.4 per cent annually   Two of the biggest aircraft manufacturers in the world, Boeing and Airbus are beginning to see the Middle East and Africa as the two regions of interests for the sale of their airplanes. While Airbus expects fleet size in the Middle East to more than double in the 18-year period to 2043, the world’s third-fastest rate after China and the Asia-Pacific region, Boeing…

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Air Peace, Boeing, Cranfield partner on capacity development

Air Peace, Boeing, Cranfield partner on capacity development

Nigeria’s flag carrier airline, Air Peace is in collaboration with the United States aircraft maker, Boeing and Cranfield University, a specialist postgraduate university in the UK with world-class expertise, large-scale facilities and unrivalled industry partnerships that create leaders in technology and management globally, to fortify safety culture and operational excellence at Air Peace Limited. Working under the aegis of Boeing Global Learning Institute (BGLI), and themed: Advanced Leadership in Safety Excellence, the leading global aerospace…

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Boeing to develop credit facility for Nigerian airlines to facilitate operating leases

Boeing to develop credit facility for Nigerian airlines to facilitate operating leases

To partner Banks in Nigeria, Africa Trade Investment insurance, Invites Minister, operators, others to Dublin for summit   Aircraft giant, Boeing said it has been working with several banks in Nigeria and Africa Trade Investment Development Insurance (ATIDI) to develop a Credit Enhancement product specifically for Nigeria to facilitate operating leases by providing an additional layer of security to global lessors who may have shown interest in the region. The American company is equally coordinating…

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Minister, Boeing sign aircraft acquisition agreement for Nigerian carriers

Minister, Boeing sign aircraft acquisition agreement for Nigerian carriers

    Aircraft giant to offer technical support, training for operators To advance Nigeria’s aviation sector, the Minister of Aviation and Aerospace Development, Festus Keyamo, signed a strategic Memorandum of Understanding (MoU) with Boeing, one of the world’s leading aircraft manufacturers. The signing ceremony took place yesterday in Seattle, Washington, USA, in the presence of key Nigerian aviation stakeholders, including executives from major Nigerian airlines, top management team of the Nigerian Civil Aviation Authority and…

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Boeing burns through cash, rushes to fix quality control issues

Boeing burns through cash, rushes to fix quality control issues

Boeing burned through billions of dollars of cash last quarter as it languished under intense scrutiny from U.S. regulators and moved to soothe concerns over quality issues. Arlington, Virginia-based Boeing burned through $3.93 billion over the first three months of 2024, far more than the $786 million it recorded during the same time last year, according to a Wednesday regulatory filing. The aerospace giant ended the quarter with $7.5 billion in cash and investments in short-term securities,…

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