Recently, the Senate excoriated the plan to build second runway at the Nnamdi Azikiwe International Airport, Abuja at the whooping cost of N63.5 billion. Senator Dino Melaye, spokesman of the Senate recalled how he and others in the House of Representative few years ago aborted the plan by Julius Berger to build the second runway […]
Nigerian airlines have called on the federal government to save them from the exploitative insurance premium they pay, which according to them, is the highest in Africa. The airlines said the high premium was not justifiable because it takes a huge chunk of their revenues, because aviation fuel alone takes over 40 per cent of […]
Caverton Offshore Support Group Plc (COSG), the leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, has announced its unaudited revenue of N17.8 billion for Q3 2015 results. According to the company, the N17.8 billion represents a 5 per cent decrease over the same period last […]
Domestic travel demand rose 7.8% in September compared to September 2014. All markets except Brazil showed growth with the strongest increases occurring in India, China and Russia. Domestic capacity climbed 6.1%, and load factor improved 1.3 percentage points to 81.0%. Sep 2015 vs Sep 2014 RPK Growth ASK Growth PLF Australia 0.3% 0.0% 77.1% Brazil […]
Thursday, November 5, 2015 — Group: Profit up 65% to AED 3.7 billion (US$ 1.0 billion), revenue of AED 46.1 billion (US$ 12.6 billion) negatively impacted by the strong US dollar Emirates: Continued profitability and growth with 25.7 million passengers carried (up 10%); fleet expanded by nine new aircraft (14% increase in capacity) dnata: Double-digit […]
