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  *Financial model earns it 21 awards   Turkish Airlines has crowned its success with 21 international finance awards in the past 10 years for raising $12 billion with three new awards for its successful aircraft financing models. The three new awards won at Bonds & Loans Awards Night and which brought the number of awards on its financial models to 21 include “Transport Finance Deal of the Year”, “Trade and Export Finance Deal of…

*Calls for tax reduction in aviation   The International Air Transport Association (IATA), the clearing house for over 265 global airlines has called for tax reduction in aviation.   The Director-General of IATA, Alexandre de Juniac wondered that in a country as big, beautiful and full of opportunity as the US, “why have a taxation policy that discourages travel? Aviation is the business of freedom and we must continue to work together to make it…

*Aerodrome closes midnight of March 7, 2017   The Federal Airports Authority of Nigeria (FAAN) has notified all airline operators, passengers, airport users and the general public that the Federal Government of Nigeria has approved the temporary closure of Nnamdi Azikiwe International Airport, Abuja, to enable the Federal Airports Authority of Nigeria carry out a major rehabilitation of the runway at the airport.   According to the Managing Director of FAAN, Saleh Dunoma, the closure,…

The unions in the aviation sector today kicked against Federal Government’s appointment of “an outsider” as the General Manager, Finance of the Federal Airports Authority of Nigeria (FAAN).   The labour groups maintained that the said position was for career civil servants. They made their position known during a peaceful protest at the FAAN headquarters at the Murtala Muhammed Airport, Lagos.   The protest was organised by the National Union of Air Transport Employees (NUATE),…

By Funke Osae-Brown   Towards the end of January this year, I got an invitation to be in South Africa on the 1st of March, 2017 to experience the new BMW 5 Series. It was an event I had looked forward to considering my love for fast cars and the kind of beat I cover as a journalist. As soon as I received the itinerary and other documents needed for my journey, I applied for…

 …Restates Commitment To Safety, Quality Services   No fewer than 266 passengers who missed their flight from Lagos to Istanbul on Monday due to temporary cabin’s air-conditioning malfunctioning had been successfully airlifted to Turkey on Tuesday night. In a telephone conversation from Turkey, a passenger who does not want his name in print confirmed that they landed safely in Turkey. Explaining what happened, a top official of the airline told Woleshadare.net at the airport said,…

The Federal Government has approved the appointment of two new directors for Accident Investigation Bureau (AIB).  The new directors are Hashimu Ilyasu Wali for Engineering and Capt. Dayyabu Mustapha Danraka for Operations. The appointments are with immediate effect. Before their appointments, Capt. Danraka was the Bureau’s General Manager, Operations, while E Wali was an Aviation Safety Inspector with Nigerian Civil Aviation Authority (NCAA). The appointments follow the expiration of the tenures of former director of…