90 Years Old! South African Airways in milestone celebration

South African Airways’ rich history of iconic aircraft, some preserved at the SAA Museum including the Boeing 747-200, the Lockheed Constellation, the Douglas DC-3, the C-54 Skymaster, and the Airbus A350, is chronicled in this piece by Simple Flying to celebrate the airline’s 90th anniversary. South Africa’s national carrier is one of the oldest airlines […]

Zenith Bank to finance more aircraft after Ibom Air, Airbus deal 

Zenith Bank  announces  retirement of  Ahmed, Olisa as executive directors

Sade Williams/Business a.m. Zenith Bank, one of Nigeria’s systemically important banks, has committed to financing more aircraft purchase deals following the successful outcome of its involvement in the acquisition of an Airbus A220 aeroplane by Ibom Air from manufacturer Airbus.   The commitment was made by Ebenezer Onyeagwu, group managing director and chief executive officer, […]

With airport in the works, Lagos State plans own airline

Business a.m. with wire reports With an airport in the works in the Lekki area scheduled for delivery in 2025, Lagos State, Nigeria’s richest state by internally generated revenue and GDP size, plans to set up a state-owned airline. If it goes ahead, Lagos will be the second state in Nigeria to successfully establish an […]

Keyamo leads stakeholders to 13th NIGAV awards February 22

Sade Williams/Business a.m. Festus Keyamo, minister of aviation and aerospace development, will be leading heads of aviation agencies and other stakeholders to the 13th Nigeria Aviation Awards and Ministerial Dinner tagged (NIGAV Awards) scheduled for February 22, 2024. A statement by Fortune Idu, chairman of NIGAV, said necessary arrangements have been made to ensure the […]

Adenike Aboderin takes over as SAHCO MD

Sade Williams/Business a.m. The board of Skyway Aviation Handling Company (SAHCO) PLC, has confirmed the appointment of Adenike Aboderin as managing director/chief executive officer with effect from 1 February 2024. Adenike Aboderin, who is taking over from Basil Agboarumi who has completed his tenure, is a seasoned finance professional with many years of executive leadership, […]

IATA welcomes CBN’s effort but $700m still outstanding

Sade Williams/Business a.m. Out of foreign airlines’ funds Nigeria’s central bank, CBN, has now cleared over $100 million of blocked funds belonging to foreign airlines, according to a monitored report by Simple Flying. According to the report, the CBN recently released an additional $64.4 million of blocked airline funds as part of its move to […]

In Lagos, SAA celebrates 90 flying years with movie reception 

Sade Williams/Business a.m. South African Airways (SAA) is celebrating 90 Years of resilience and excellence having been established on February 1, 1934, making it one of the oldest surviving airlines in Africa. As the celebrations are being marked globally at the airline’s various destinations on its network, the Lagos office in Nigeria kicked off the […]

NAHCO chair wants govt. support for export

Virgin Atlantic Airways, Delta Airlines, Air France/KLM Royal Dutch and Ethiopian Airlines

Business a.m The Nigerian Aviation Handling Company PLC (NAHCO) has called on the federal government to lend its support in order to facilitate the objectives of the export packaging and processing centre. Seinde Fadeni, chairman, NAHCO’s board of directors, emphasised the importance of government support in enabling the company to achieve its goals. He stressed that […]

Africa’s five biggest airlines’ list does not have Nigerian carrier

Business a.m. with Wire Report A list of Africa’s five biggest airlines does not include any from Nigeria, Africa’s largest economy by gross domestic product (GDP) and the continent’s most populated, a Simple Flying compilation has shown. It is also not clear if a list of the biggest 10 would have a Nigerian carrier show […]

Export gets boost as Keyamo commissions NAHCO’s N1bn Lagos processing facility 

Sade Williams/Business a.m. Nigeria’s export business received a boost at the weekend as Festus Keyamo, minister of aviation and aerospace development, commissioned the Nigerian Aviation Handling Company Ltd (NAHCO)  Export  packaging and processing centre developed at a cost of N1 billion, at the Murtala Muhammed Airport, Lagos. Olubunmi Kuku, managing director, Federal Airports Authority of […]