THISDAY investigations have revealed that the aviation industry in 2015 and 2016 lost over $2 billion investment from international financiers who wanted a stake in Nigeria air transport sector due to the prevailing economic downturn. Considering the huge potential market for aircraft maintenance in Nigeria, THISDAY gathered that in mid 2015, one European based aircraft […]
Despite the present lull in oil and gas sector, providers of air services to the industry see a growing market in the near future and this has attracted Brazil based Omni Helicopters International S.A. into Nigeria. Omni, which is the parent of Brazil’s leading offshore aviation specialist Omin Taxi Aereo S.A. (OTA) is partnering with […]
The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to […]
Air Peace has announced a discount scheme for its customers to travel with tickets as low as N16, 532 on all routes. A statement signed by its Corporate Communications Manager, Mr. Chris Iwarah said the cut in airfare was the carrier’s Valentine’s Day special gift to its customers and other air travellers. The tickets, Air […]
Overland Airways, Nigeria’s frontline airline, has been presented with the Certificate of its Membership of the International Air Transport Association (IATA), and the Certificate of International Air Transport Association (IATA) Operational Safety Audit (IOSA) Registration by IATA. The international aviation organisation lauded Overland Airways’ safety commitment and identified the airline as big league in global […]