Economic Archives - Aviation metric

Delta Generates $14 Billion Q1 2025 Despite Economic Uncertainty

Posted on April 10, 2025 by Wole Shadare

Delta Air Lines has announced its financial results for the first quarter of 2025, showing solid profitability in a challenging economic climate. The airline generated $14.0 billion in operating revenue for the March quarter, with operating income totaling $569 million and a pre-tax income of $320 million. In a statement by the carrier, Delta CEO Ed Bastian acknowledged that the first quarter unfolded differently than initially forecasted but commended the company’s resilience. …

Assessing economic, safety concerns of private airstrips

Posted on November 5, 2024November 5, 2024 by Wole Shadare

There are several arguments for and against airstrips, including economic benefits and potential for illegal activities, writes, WOLE SHADARE Debate Heated arguments ensued among some members of the House of Representatives asking the Federal Government to soft pedal on the licensing of airstrips or airfields to individuals. The initial reaction was an interpretation that the lawmakers’ action was directed at the licence granted to the founder of Living Faith Church, Bishop David Oyedepo. In a swift…