During a tour of Ethiopia Aviation University in Addis Ababa in November 2023, this writer and other members of the team from Nigeria came into a class where over 30 students from Akwa Ibom State were being trained on aircraft maintenance by seasoned young instructors. What was particularly interesting about the beneficiaries of the training […]
488 commercial aircraft delivered in 9m 2023 Revenues € 42.6 billion; EBIT Adjusted € 3.6 billion EBIT (reported) € 2.7 billion; EPS (reported) € 2.96 Free cash flow before M&A and customer financing € 1.0 billion Charges on certain satellite development programmes Guidance maintained Airbus SE (stock exchange symbol: AIR) reported consolidated financial results for the […]
Aerospace giant, Airbus, the world’s biggest manufacturer of commercial aircraft, recently presented its market forecast for Nigeria in Abuja, during a media briefing at the 7th Aviation Africa Summit and Exhibition and projected the number of aircraft that would be acquired to operate in Nigeria in consonance to the growth of the air transport sector […]
Aviation experts have identified fluctuating value of the naira as one of the factors that discourage international financiers and other credit institutions from funding aircraft acquisition for Nigerian airlines. They have also identified the failure of Nigerian airlines to allow lessors repossess their aircraft at the breach of leasing contract or purchasing agreement as a […]
International communication advisory firm, Irvine Partners, has been appointed as the dedicated PR agency for Airbus across sub-Saharan Africa, supporting their communications in the region over the next three years. Irvine Partners CEO, Rachel Irvine, who disclosed this in a statement, said: “As a business with a strong foothold across Sub-Saharan Africa and an acute […]
