Airlines

Ethiopian Airlines’ MoU with Satarem

Ethiopian Airlines Group has signed a Memorandum of Understanding (MOU) with Satarem America Inc. to partner on production and use of Sustainable Aviation Fuel (SAF) in Ethiopia. Satarem shall produce SAF in the country, and Ethiopian Airlines has agreed to acquire the SAF from Satarem. With this MoU, Ethiopian Airlines Group has solidified its commitment […]

Maintenance

Keyamo: Maintenance Facility Will Generate over $2bn, Reduce Capital Flight in Aviation Sector

The Minister of Aviation and Aerospace Development, Festus Keyamo has projected that Nigeria will generate over $2 billion annually if it is able to establish major Maintenance, Repair and Overhaul (MRO) facility. Doing so, he stated, will also save Nigerian airlines about the same amount of money that are repatriated annually to pay for aircraft […]

INSURANCE

Experts: Aviation Insurance Responsible for Sector’s Highest Claims, Premium Value

Aviation insurance experts have said that the sub-sector produced the highest value and high-profile claims across the global corporate insurance business line in the past five years, precisely between 2019 and 2024. The aviation insurance experts’ analysis of more than 32,000 industry claims from 2019 – 2024 with a total value of $15billion (€14billion), showed that collision or […]

Aviation

Stakeholders Call for Improvement of Aviation Sector through Implementable Policies

Stakeholders have called for the improvement of the aviation industry through the initiation of implementable and efficient polices. This was contained in the communique issued at the 28th Annual Conference of the League of Airport and Aviation Correspondents (LAAC) held in Lagos recently. Stakeholders who spoke at the conference emphasised the need for support towards a […]

FAAN

FAAN Directs Aviacargo Roadmap Committee to Fast-track Implementation of Findings

  The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, has directed the Aviacargo Roadmap Committee to fast-track its implementation finds to enable the agency develop its new cargo freighting programme. Kuku gave the directive at the weekend in a meeting in Lagos, urging the Committee to give her a quicker schedule […]