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 Mega carrier, Delta Air has reported financial results for the September quarter 2018. Highlights of those results, including both GAAP and adjusted metrics, are below and incorporated here.  Adjusted pre-tax income for the September quarter 2018 was $1.6 billion, and adjusted earnings per share were $1.80, at the high end of guidance. Adjusted earnings per share were up 16 percent compared to the prior year quarter, driven by revenue momentum, tax reform benefits and a…

Nigeria’s flag carrier airline, Air Peace has taken delivery of its fifth Embraer 145, assuring that the development has deepened its capacity to relaunch its flights to Sokoto and start its Katsina service. The carrier, which had earlier received four of the six 50-seater Embraer 145 aircraft it recently acquired, said its goal of unifying Nigeria through air transport and extending its flight operations to unserved and underserved cities was fast being realised under its…

Ministry to begin payment to ex-airways workers   As the  Federal Ministry of Finance begin the payment of severance benefits to former workers of   Nigeria Airways Limited this week, Federal Government is planning to initiate prosecution of persons indicted in the Justice Obiora Nwazota Judicial Commission of Inquiry White Paper. Government it was learnt is looking into how to recover  huge sums of money  from individuals, organizations and agencies that mismanaged the airline. The Justice…

The Nigerian Civil Aviation Authority (NCAA) has partially lifted the suspension on International Aviation College, Ilorin, Approved Training Organisation (ATO) certificate.  Spokesman for the aviation regulatory body, Mr. Sam Adurogboye made the disclosure in a statement made available to woleshadarenews.  This was conveyed in a letter dated October 8, 2018 signed by the Acting Director of Licensing, Cletus Umeh on behalf of the Director General, Capt Muhtar Usman.  The partial lifting of the suspension was…

   Airline industry leaders and government officials are meeting to discuss responses to an array of pressures threatening the competitiveness and sustainability of carriers in the Southern African Development Community (SADC) region. More than 200 delegates are participating in the Airlines Association of Southern Africa’s (AASA) 48th Annual General Assembly, which takes place at a time when global, regional and local political uncertainty, market turbulence and rising costs are taking their toll on trade, tourism and…

An Overland Airways’ today suffered a big loss as one of its aircraft went up in flames inside a hangar belonging to the airline. The aircraft, an ATR with registration number 5N BPE according to investigation was being powered by Ground Power Unit when it caught fire. To minimize damage to the airplane, officials of the Federal Airports Authority(FAAN) fire fighters raced to the scene to put out the fire and preventing the fire from…

Following the agreement reached between Bi-courtney Aviation Services Limited (BASL), operators of Murtala Mohammed Airport two, and the Aviation Unions to end the two-day strike action, Dana Air has resumed flights from the terminal. The airline in a statement signed by its Media and Communications Manager, Kingsley Ezenwa said ‘we have resumed flights from MMA2 following the agreement reached by MMA2 and the Aviation Unions today.’ ‘We thank the Management of Bi-Courtney Aviation Services Limited…

Recall that the union took over the domestic terminal of the airport on Tuesday morning. Normal flight operations is expected to resume tomorrow. Details later…  

Airlines at the Murtala Muhammed Airport Terminal Two (MMA2), operated by Bi-Courtney Aviation Services Limited (BASL), have cried out over their losses, as the grounding of the terminal by aviation labour unions, including the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), the National Union of Air Transport Employees (NUATE) and the National Association of Aircraft Pilots and Engineers (NAAPE) entered day two today.   In view of this, they threatened that they may…

Carriers’ lose N400 million to union, Bi-Courtney dispute   One of the airlines operating from the Murtala Muhammed Airport 2 (Dana) said it lost over N100 million to the ongoing industrial disputes between Bi-Courtney Aviation Services Limited (BASL), operator of Murtala Muhammed Airport 2 (MMA2) and the aviation unions; an action  that has paralysed domestic operations from the terminal. It is unclear how much other airlines have lost as the crisis entered the second today….