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US Based Centre poised to Boost Trade with Nigeria

Posted on June 28, 2016 by Wole Shadare

A Chicago based NGO, USA Africa Economic and Business Development Center, has pledged to help Nigeria grow its business potentials by partnering potential entrepreneurs to facilitate easy business start-ups, especially for the less-privileged. Beside business promotion, the Centre will also help in encouraging, inspiring and motivating the youth and young adults in entrepreneurship by promoting peace and unity with various participating countries which will in no small measure honour the continent of Africa. Towards…

Aviation fuel price highest in Nigeria, other oil producing nations

Posted on June 27, 2016 by Wole Shadare

JET A1 price skyrockets Aviation fuel costs more in Nigeria and other oil producing countries than their counterparts that do not produce oil, woleshadare.net investigations have revealed. For instance, in Nigeria, despite the stability in the lifting of aviation fuel across the country and the deregulation of the commodity, JET A1 has hit an all-time high of N170 per litre. The skyrocketing price of JETA1 in Nigeria has added more to the pains of airlines,…

DUBLIN:A city steeped in history, culture, entertainment

Posted on June 26, 2016 by Wole Shadare

WOLE SHADARE, who was in Dublin recently to attend the annual general meeting of the International Air Transport Association (IATA), writes on the enduring legacies of the flourishing city Over the years, many of those who have toured Dublin, Ireland have continued to crow about its beauty and its friendly welcoming people. So, when the International Air Transport Association (IATA), the clearing house for over 260 airlines sent an invitation to attend its 72nd Annual…

Arik offers to help conjoined twins for treatment in New York

Posted on June 25, 2016 by Wole Shadare

Nigeria’s flag carrier airline, Arik Air as part of its corporate social responsibility has offered to sponsor the return tickets to New York for conjoined twins, Miracle and Testimony Ayeni in order for the twins to have immediate access to medical care and surgery that they require. The carrier said it is offering this support in partnership with Linking Hands Foundation, a non-governmental organisation which has secured free medical treatment for the twins at Le…

AMCON takes over AfriJet Airlines assets over N10b debt

Posted on June 24, 2016 by Wole Shadare

*We are reconciling with AMCOM-Tukur Hon. Justice Chuka Austine Obiozor of The Federal High Court Lagos Division has granted an interim injunction against Afrijet Airlines Limited, owned by Chief Vitalis Ibe on the application of Asset Management Corporation of Nigeria (AMCON). The obligor owes AMCON nearly N10 billion. AMCON purchased the Eligible Bank Assets (EBAs) sometime in 2011 from the defunct FinBank and Bank PHB. A director in Afrijet, Alhaji Mohammed Tukur confirmed the development,…

Brexit: UK air passengers could be 3-5% lower by 2020, says IATA

Posted on June 24, 2016 by Wole Shadare

The Brexit vote has triggered much financial uncertainty and otherwise as leaders in the United Kingdom and European Union are working to establish a new framework for their relation. Consequently, the International Air Transport Association (IATA), the clearing house for over 260 airlines has released preliminary analysis of the financial and economic impact of the Brexit decision on the air transport industry. Director-General of IATA, Tony Tyler in a statement said the Brexit vote…

ASKY takes delivery of new Boeing 737 800

Posted on June 24, 2016 by Wole Shadare

ASKY, the Pan African Airlines has taken delivery of its latest NextGen aircraft, the Boeing 737-800. The aircraft was received at Lomé (ASKY’s Hub). Dignitaries at the event included the Togolese air transport industry authorities among whom were Colonel Gnama Dokissime, Director General of the National Civil Aviation Agency, Mr. Malik Natchaba, Director General of Lomé Tokoin Airport Company (SALT), the overall Managing committee of ASKY Airlines headed by Mr Yemane Fitwi, Director Finance…

Dublin based AWAS orders 15 A320 Family aircraft

Posted on June 23, 2016June 23, 2016 by Wole Shadare

AWAS, the Dublin-based leading global aircraft leasing company has announced an order for an additional 15 A320 Family aircraft, comprising 12 A320ceo and three A321ceo aircraft. AWAS CEO, Dave Siegel, said, “AWAS is pleased to continue our long-term relationship with Airbus in reaching this deal for the order of 15 A320 CEO Family aircraft which will include a mix of both A321 and A320 aircraft. AWAS is bullish on the A320 and A321 CEO…

US deports 41 Nigerians

Posted on June 22, 2016 by Wole Shadare

Less than a week after 162 Nigerians were returned from Libya to the country due to their inability to cross to Europe, another 41 Nigerians were yesterday deported from the United States of America (USA) through the Murtala Muhammed International Airport, (MMIA) Lagos for various offences. Most of the deportees were returned to the country for criminal offences. All the 41 deportees were male. The aircraft that brought back the deportees, Miami Air International with…

Nigeria, 14 others undergo Singapore’s air safety training

Posted on June 22, 2016 by Wole Shadare

A team of aviation experts have undergone air safety training in Nigeria. The training, put together by Singapore’s Civil Aviation Academy also had 40 participants from 15 African countries. The Aerodrome course hitherto offered in Singapore Civil Aviation Academy was taken to diaspora for the very first time in its existence. The first offshore location for the course away from Singapore was at the NCAA Conference Facility, Lagos, Nigeria. In cognizance of importance…

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