The Nigeria aviation industry, in the first quarter of 2017, may have lost its verve in terms of passenger traffic, but the government and its agencies are under pressure to chart a new course for the industry. One of the major things that characterised the aviation industry in the last three months of this year […]
On Sunday, the Minister of State, Aviation, HadiSirika reiterated the need to concession the airports, describing the plan as the only viable option to modernise and make the airports servetravellers better. He poignantly noted that there is not much government could do in terms of investing more funds to develop the airports, as government does […]
March quarter 2017 GAAP pre-tax income of $915 million, net income of $603 million and earnings per diluted share of $0.82 · March quarter 2017 adjusted pre-tax income1 of $847 million, adjusted net income of $560 million and adjusted earnings per diluted share of$0.77 · Delta returned $349 million to shareholders through dividends and share […]
Despite an improved performance by European carriers, the latest financial results for Q4 2016 confirm a second quarter of modest easing in industry-wide profitability – albeit from historically high levels. Global airline share prices fell by 1.5% in March, unwinding recent gains, with a correction in the North American index more than offsetting modest […]
The Nigerian Civil Aviation Authority (NCAA) has taken a bold step to strengthen its Economic Regulation through training and adequate exposure of the staff. The first step in this direction was the training of staffers of the Directorate of Air Transport Regulation (DATR) from across the country by officials of International Civil Aviation Organisation (ICAO). […]