Aerospace leaders convened at the Farnborough Airshow in southern England this week for aircraft exhibition, to make firm orders and to review prevailing scarcity of aircraft, spares and workforce plaguing the industry. The event showed significant developments and agreements that would address the industry’s current challenges. Devdiscourse.com reported that on Tuesday, numerous plane orders were confirmed, […]
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 […]
Boeing and Ethiopian Airlines have signed an agreement for the East African airline to purchase eight 777-9 passenger airplanes and the potential for up to 12 additional jets. Ethiopian Airlines’ selection of 777-9 jets positions the carrier as the first 777X customer in Africa and builds on its landmark 2023 order for 11 787 Dreamliner […]
With the fast depleting of aviation equipment, coupled with the scarcity of foreign exchange, Nigerian airlines may spend over $3 billion to conduct checks on their aircraft overseas in 2024, THISDAY has learnt. As at last week, the number of operating aircraft was reduced to about 43 because some of the existing aircraft that were […]
If everything goes according to plan, Nigerian carriers are expected to receive 40 brand new aircraft in the next 36 months, starting from early this year, THISDAY checks has revealed. Nigerian airlines have recorded steady progress in aircraft acquisition since Arik Air broke a 20-year old jinx by acquiring brand new aircraft in 2007. THISDAY […]
