Aviation insurance experts have said that the sub-sector produced the highest value and high-profile claims across the global corporate insurance business line in the past five years, precisely between 2019 and 2024. The aviation insurance experts’ analysis of more than 32,000 industry claims from 2019 – 2024 with a total value of $15billion (€14billion), showed that collision or […]
The Nigeria Civil Aviation Authority (NCAA) has confirmed that Nigeria’s airspace is safe, thus aligning with the claim made earlier by the Nigerian Airspace Management Agency (NAMA). NAMA had confirmed the safety of the airspace and explained that every part of Nigeria’s airspace is captured by the Total Radar Coverage of Nigeria (TRACON). NCAA in […]
The Managing Director/Chief Executive of the Federal Airports Authority of Nigeria (FAAN), Mrs Olubunmi Kuku, has intervened to resolve the dispute on the Boeing 737-NG full flight fire simulator acquired in 2019 by the federal government and installed at the Nigerian College of Aviation Technology (NCAT). Rising from a meeting held in the MD/CE’s Boardroom […]
It has emerged that the inability of Nigerian owned airlines to maintain their aircraft is worsening the prohibitive fares and low capacity As at the last count, over 50 per cent of aircraft owned by Nigerian airlines are either parked at airports or at maintenance facilities in Nigeria or overseas, a development that has led […]
President and CEO of Boeing, Dave Calhoun has announced his decision to step down as CEO at the end of 2024, and he will continue to lead Boeing through the year to complete the critical work underway to stabilise and position the company for the future. Board Chair Larry Kellner has informed the board that he does not intend […]
