Ethiopian Airlines, Africa’s largest carrier, has announced a whopping $450 million loan agreement that will finance five new Boeing aircraft, which include three Boeing 737-8 and two Boeing 777F (Cargo). The loan will be secured against the value of the five planes and has been arranged exclusively by Citi’s Corporate Banking and Export Agency and […]
Stakeholders in the aviation industry have observed that political considerations have relegated competence and technical knowledge in the appointment of head of aviation agencies, directors and other critical personnel in the last eight years and warned that if the trend continues the safety status of the sector may be eroded. According to them, about a […]
Nigeria’s largest operator, Air Peace, has reacted to numerous complaints about its fares, especially on social media, alleging that the airline charges higher fares on Eastern destinations, insisting that the principle of demand and supply are the factors that determine cost of tickets. The airline in a statement signed by its management explained that Air […]
The Federal Airports Authority of Nigeria (FAAN) is poised to respond to the 21st century challenges of airport and passenger management. This was announced by the Managing Director of FAAN, Mrs. Olubunmi Kuku, in her speech at the passing out parade ceremony held for newly-recruited Aviation Security Cadets at the Digital Bridge Institute, Lagos, recently. The […]
Almost at the time that President Bola Ahmed Tinubu’s administration was thought to have completed fundamental appointments and reappointments across Ministries, Departments and Agencies (MDAs), a hurricane of change swept through the aviation industry to the shock of many Nigerians. The new development led to the sack of some management staff at aviation agencies. […]
