As Nigeria gets set to receive its first dry lease aircraft after over 10 years of operating wet leasing, aviation experts have identified some of the benefits of migrating from wet leasing of aircraft to dry leasing. According to them, dry leasing operation will boost capacity, cut down on air fares, and also reduce capital […]
The Skyway Aviation Handling Company (SAHCO) Plc has posted its strong financial performance yet with N28.9 billion as revenue in the 2024 financial year. The company said it has concluded plans to acquire additional Ground Support Equipment (GSE) to improve and extend its operations to its growing clientele. These were contained in the 2024 Financial […]
•Airline carried 1.7mn passengers in two weeks Emirates’ Airlines has announced that its passengers experienced minimal disruptions to their travel plans on Monday in cognisance of the Middle East crisis, but regularly scheduled flights resumed yesterday. A statement by the airline said it quickly activated its robust contingency and disruption plans, with no […]
•Ukraine-Russia conflict leads to cancellation of 2,000 flights per day The International Air Transport Association (IATA) has cried out about the safety and security challenges airlines face flying people across the global airspace ridden with conflicts. IATA’s Senior Vice President, Operations, Safety and Security, Nick Careen, has lamented increasing threats to flight operations and safety […]
Akwa Ibom State-owned airline, Ibom Air, has posted an impressive financial performance for the 2024 financial year, reinforcing its track record as the nation’s most preferred carrier and a well-run government business. The performance shows that gross revenue was N96 billion, up by 43 per cent from N67 billion in 2023, while profit before tax […]
