Nigeria seen as strategic market as Emirates restates commitment
Sade WilliamsJune 7, 2022
BY Sade Williams/Business a.m. Emirates, the world’s largest international airline, sees Nigeria as a strategic market for its operations and business, Badr Abbas, its senior vice president, commercial operations for Africa, has said, underscoring its current 12 weekly flights into two cities in the country with potential to ramp up to 21 flights a week […]
Xejet signs MoU to provide air transport services in Sierra Leone
Sade WilliamsJune 7, 2022
BY Sade Williams/Business a.m. Xejet Aviation Limited and the government of The Republic of Sierra Leone have signed a Memorandum of Understanding (MoU) to operate regional and international flights from Lungi International Airport, Freetown. The two parties have long been in discussions leading up to this agreement that the company may establish and operate a […]
Foreign airlines face legislators’ audit over Nigerians in their employment
Sade WilliamsMay 23, 2022
By Sade Williams/business a.m. The Nigerian legislature, through the House of Representatives Committee on Aviation, is to carry out an ‘audit’ of foreign airlines operating into the country to find out how many Nigerians they have in their environment, such as cabin staff and technical crew including pilots and engineers. Nnolim Nnaji, chairman of the […]
Aero dismisses unions’ allegations as unfounded
Sade WilliamsMay 23, 2022
By Sade Williams/business a.m. The management of Aero Contractors has described as unfounded all the allegations levelled against it by aviation unions. Aero said the unions, National Union of Air Transport Employees ((NUATE) and Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), at a press conference in Lagos accused it of, among other things, […]
Airlines in ‘Mayday’ situation, need urgent FG attention, says Aero MD
Sade WilliamsMay 10, 2022
BY Sade Williams/Business a.m Abdullahi Mahmood, the managing director of Aero Contractors, says the airline is not in any way going under but he wants the government to urgently address the numerous challenges facing the sector in the country. Speaking with Business a.m. affiliate publication, The Travel Port, at the Lagos airport weekend, Mahmood said […]
Air France cuts CO2 emissions on flights by 50%
Sade WilliamsMay 10, 2022
BY Sade Williams/Business a.m Air France has launched “Air France ACT”, a programme presenting its new decarbonisation trajectory aiming for 30% less CO2 emissions per passenger-km by 2030 compared to 2019, i.e. 12% less total emissions. In order to illustrate the ways in which this objective can be achieved, the company recently carried out a […]
African airlines’ Int’l passenger traffic up 91.8% in March 2022
International Air Transport Association’s (IATA)May 10, 2022
BY Sade Williams/Business a.m The International Air Transport Association’s (IATA) latest analysis of the passenger air travel market based on passenger data collected globally and by region in March 2022, shows the performance of African airlines during the month in review as follows: Demand International passenger traffic rose by 91.8% (measured in Revenue Passenger Kilometres, […]
Results show Airbus leaving Boeing behind
Businessam StaffMay 10, 2022
Generally in business the numbers don’t lie. For the first quarter of 2022, Airbus had earnings of €1.26 billion ($1.34 billion) while Boeing lost $1.22 billion. Airbus reported total revenue of €12 billion ($12.7 billion) compared to Boeing’s $14 billion. Airbus delivered 140 aircraft for €8.5 billion in commercial aircraft sales, while Boeing delivered 95 […]
Airbus CEO wants to lift A320 family production rates
Businessam StaffMay 10, 2022
Airbus CEO Guillaume Faury said the results reflected a solid performance across commercial aircraft, helicopter and defence businesses, adding: “Looking beyond 2022, we see continuing strong growth in commercial aircraft demand driven by the A320 Family. As a result, we are now working with our industry partners to increase A320 family production rates further to […]
Boeing is slipping behind as Airbus pushes ahead
Businessam StaffMay 9, 2022
Airbus is leading the narrowbody sector, but Boeing is gaining ground. It is the widebody sector that should give Boeing the most concern. The 787 is still not being delivered, and Boeing is in the hands of the FAA as to when that will resume. The 777X has ceased production for at least a year […]