Economy News

ICAN aviation chapter inaugurates five sub-committees to boost advocacy, engagement

Chukwuemeke Iwelunmo 30 August 2025 0

The Institute of Chartered Accountants of Nigeria (ICAN) Aviation Chapter has inaugurated five new sub-committees as part of efforts to boost member participation, strengthen advocacy, and expand its influence within the aviation sector. The inauguration took place at a well-attended hybrid

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Rewane: Five airlines control 75% of Nigeria’s domestic air traffic

Awwal Owolabi 9 August 2025 0

Bismarck Rewane, chief executive of Financial Derivatives Company (FDC), says only five domestic airlines account for 75 percent of air traffic out of 23 active operators in the country. Rewane spoke on Thursday while delivering a presentation titled Aviation Financing in Nigeria: Risks, Opportunities and Prospects at the annual conference of the League of Airports […]

Business News

Aviation industry faces collapse over COVID-19

Ihesiulo Grace 25 January 2021 0

*’It might take it years to recover’ Chukwuemeke Iwelunmo, Lagos Due to the massive effects of Covid-19 pandemic on global aviation, there are indications that the industry in Nigeria may be heading for doom, as its future is looking very bleak. Speaking on this development, the President of Aviation Round Table, Elder Gbenga Olowo, also […]

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Sirika’s giant strides in aviation industry

Ihesiulo Grace 27 August 2020 0

By Ukpono Ukpong It is no longer news that the confidence of the flying public in Nigeria has further been restored since the inception of President Muhammadu Buhari’s government, following the strong and strict regulatory actions of the Nigerian Civil Aviation Authority (NCAA). The Federal Government being aware of the potentials that abound in the […]

News Nigeria

High cost of running an airline, other bane of the aviation industry

Ihesiulo Grace 3 August 2020 0

President of the newly formed Aircraft Hangar Owners Association of Nigeria, Engineer Isaac Balami has identified a lack of unity among domestic airline operators and the high cost of running an airline in an unfriendly environment without government support as the bane of the aviation industry. Speaking with our correspondent in an interview, Engineer Balami said that it

Aviation News

Santos aviation, 7-Stars hangar to create jobs for Nigerians

Ihesiulo Grace 31 January 2020 0

A new entrant into the Nigeria aviation industry, Santos Aviation limited is to create employment for hundreds Nigerian youths and reduce capital flight. Engr Isaac David Balami, chief executive of 7-Stars Global hangar disclosed this at the Murtala Mohammad airport Ikeja at the formal unveiling of Santos Aviation in Nigeria by representatives of the United […]

Aviation Business

AFRAA wants govt to develop policy for airlines ownership

Ihesiulo Grace 11 October 2019 0

African Airlines Association (AFRAA), has called on African governments to develop a policy that would enable their airlines to own airports in their countries or vice versa in order to reduce losses. Director of Government, Legal and Industry Affairs, AFRAA, Mr Aaron Munetsi, canvassed this position on the side-lines of a recently concluded African Travel […]

Aviation Business

SAHCO acquires state of the art handling equipment

Ihesiulo Grace 8 October 2019 0

Skyway Aviation Handling Company PLC (SAHCO) has acquired a fleet of brand new Ground Handling Equipment, expanded its cargo warehouse to boost its operations to accommodate its growing activities. SAHCO’s new fleet of equipment includes Baggage Carts, Conveyor Belts, Passenger Steps and Static Pallets which are of high quality with exceptional features. The Passenger

Business

Shortage of pilots, manpower hit Nigeria’s aviation industry

Ihesiulo Grace 6 September 2019 0

Despite over 1,000 pilots that are currently not engaged and roaming the streets, the aviation industry in Nigeria has been hit by a shortage of pilots. Aside from Nigeria, the global aviation industry is facing a similar problem. A widespread deficit of pilots across all continents have affected the sector, particularly in recent years, with […]

Aviation Business

Airbus launches longest range single-aisle airliner: the A321XLR

Ihesiulo Grace 21 June 2019

Following the very positive feedback from the market, Airbus has launched the A321XLR to complement its best-selling A321neo Family. The A321XLR thus becomes the next evolutionary step which response to market needs for even more range, and creates more value for the airlines by bringing 30 per cent lower fuel burn per seat than previous-generation […]

Aviation News

Airport police prosecutes 88 offenders in 4 months

Ihesiulo Grace 14 June 2019

The Murtala Muhammad International Airport (MMIA) Police Command on Thursday said that it prosecuted no fewer than 88 persons in court for committing various offences between January and April 2019. Spokesman for the command, Joseph Alabi, disclosed this in an interview he granted in Lagos, disclosing that some of the suspects were charged with assault, […]

Business

Ibom Air sets to dominate domestic, regional flights

Ihesiulo Grace 10 June 2019

Chukwuemeke Iwelunmo A start-up airline, Ibom Air has unveiled its plans to be one of the major players in the Nigerian aviation industry. The Chief Operating Officer (COO) of the airline, Mr George Uriesi while speaking with aviation reporters at the airline’s inaugural flight operation to Lagos from Uyo, Akwa Ibom, said the vision of […]

Business

New FAAN boss, Yadudu promises improved processes, procedures

Ihesiulo Grace 24 May 2019

Chukwuemeke Iwelunmo The new Managing Director of the Federal Airports Authority of Nigeria (FAAN), Captain Rabiu Yadudu has pledged to improve on the agency’s processes and procedures in operations. Speaking shortly after the baton of leadership was handed to him by his predecessor, Saleh Dunoma, Yadudu said the industry was moving in terms of processes […]

Business

Dana Air pledges more capacity building in aviation industry

Ihesiulo Grace 6 February 2019 0

Chukwuemeke Iwelunmo Dana Air has pledged to continue supporting capacity building initiatives and professionalism in Nigeria’s aviation industry. The airline made this known when the winner and organizers of the first-ever cabin crew contest paid a courtesy visit to its MMA2 office in Lagos recently. Dana Air’s Chief Operating Officer and Accountable Manager, Mr. Obi […]

Aviation Business

Aero Contractors boss seeks licensing, certification of ATSEP

Ihesiulo Grace 28 November 2018 0

A key player in the nation’s aviation industry has observed that recognition of licensing and certification Air Traffic Safety Electronics Personnel (ATSEP) should be given utmost priority. Managing director /CEO of Aero Contractors, Captain Ado Sanusi disclosed in a paper he delivered at the 2018 Annual General Meeting (AGM) of the National Association of Air […]

News

NANTA launches identity card

Ihesiulo Grace 28 June 2018 0

The National Association of Nigeria Travel Agencies (NANTA), has taken a bold step to sanitise the business of the downstream sector of the aviation industry with the launch of an identification card. The card tagged: Nigeria Travel Practitioners Identification Card, NTPIC is to address the complaints of defrauding/swindling of unsuspecting customers of their hard-earned