Recently investors and airline operators met in Lagos to brainstorm on factors inhibiting growth in the aviation industry and the poor yield on investment. One of the reasons why there is poor infrastructure in the aviation sector is because the private sector is not investing in the industry. The reason why 150 airlines had […]
The Boeing Co. (NYSE: BA) currently expects to deliver about 745 to 750 commercial aircraft to its customers this year. Through the end of October the company had delivered 617 planes. In October Boeing delivered 54 new commercial jets. If it can maintain that pace — or something near it — the company should easily […]
The International Air Transport Association (IATA) congratulated states which, under the leadership of the International Civil Aviation Organization (ICAO), have achieved an historic agreement to implement a market-based measure that will support airlines’ efforts to stabilize emissions with carbon neutral growth. The agreement was reached by states attending the 39th ICAO Assembly which concluded today […]
As air passenger traffic continues to nosedive due to high fares and schedule hiccups occasioned by aviation fuel scarcity, this writer warns that the development constitutes a major setback to Nigeria’s air transport sector and the economy as a whole. Nigerians are in a quagmire over limited choices of the right means of transport. The country has networks of […]
A global market-based measure to curb aviation emissions would cost the airline industry up to $6.2 billion in the year 2025, but carriers could face higher charges if governments fail to reach a deal by October, the International Air Transport Association (IATA) has said. Government representatives gathered Wednesday at the United Nations’s civil aviation agency […]
