Nigeria’s aviation industry is being threatened by the fast depreciating operating equipment, occasioned by the challenges faced by Nigerian carriers in acquiring or leasing aircraft to replace old ones. It was learnt that Nigerian carriers are finding it difficult to bring their airplanes that went for maintenance back to the country, due to foreign exchange […]
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 […]
Nigeria’s luxury airline Xejet has announced that it has taken delivery of additional Bombardier CRJ-200 with registration 5N-XEJ in its fleet expansion and business plan. According to the airline, the additional aircraft arrived the Nnamdi Azikiwe International Airport, Abuja on October 12, 2023. The Managing Director and Chief Executive Officer of the carrier, Emmanuel Iza, […]
United Airlines has announced orders for 110 more aircraft for delivery beginning in 2028, building on the early success of United Next and adding additional flexibility for its long-term fleet. United ordered 50 Boeing 787-9s for delivery between 2028 and 2031, as well as 60 Airbus A321neos for delivery between 2028 and 2030. The company […]
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 […]
