Aviation

Airlines and regulators meet to discuss Boeing 737 MAX un-grounding efforts

FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo     MONTREAL (Reuters) - Airlines and regulators are gathering at a closed-door summit in

Activities Pick Up At Lagos Airport, Abuja After Saturday’s Polls

Business Activities upbeat at border towns also Twenty four hours after the conclusion of Presidential and National Assembly elections in Lagos State, flights operations at the Murtala Muhammed Airport (MMA) are yet to fully normalize. At the private terminal (MMA2) yesterday, the

Drone Scare Near New York City Shows Hazard Posed to Air Travel

A reported sighting of a drone near Newark Liberty International Airport on Tuesday halted operations at the airport.CreditSeth Wenig/Associated Press   A reported sighting of a drone near Newark Liberty International Airport on Tuesday halted operations at the airport.CreditCreditSeth Wenig/Associated Press One of

Boeing’s flying car lifts off in race to revolutionize urban travel

SEATTLE (Reuters) - Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world’s largest planemaker bids to revolutionize urban transportation and parcel delivery

EasyJet says drone chaos was ‘wake-up call’ for airports

EasyJet has said last month's drone disruption at Gatwick was a "wake-up call" for airports. The drones caused blanket cancellations over a number of days in December and mass passenger disruption as a result. The airline said the drones cost it £15m

Cathay Pacific makes good on first-class ticket blunder

  The tickets are for flights from Vietnam to New York on Cathay Pacific for around $675 return instead of about $16,000 normally. Cathay Pacific Airways said it would guarantee thousands of first and business-class flights sold at huge discounts after a

Qatar Airways acquires 5 percent stake in China Southern

DUBAI, United Arab Emirates (AP) - Qatar Airways says it now holds a 5 percent share in China Southern Airlines, helping expand the Gulf carrier’s reach in one of the world’s fastest-growing aviation markets. Qatar Airways Group said Wednesday the acquisition

IATA reports demand increased only 2 percent in September

  September traffic data from the International Air Transport Association (IATA) shows a sluggish 2 percent year-over-year growth in demand, measured in freight tonne kilometers (FTKs) – less than half of the five-year average growth rate of 5.1 percent. The report

Med-View Airline Restructures, Sacks 60 Workers

Nigerian domestic carrier, Med-View Airline, has sacked about 60 members of its staff comprising pilots, engineers and crew members. The workers were said to have been served the termination letters on October 5, with a clause that they would be reconsidered for

Aviation unions ground activities at Lagos Airport

The Air Transport Services Senior Staff Association of Nigeria, the National Union of Air Transport Employees and the National Association of Aircraft Pilots and Engineers on Wednesday left hundreds of passengers stranded as they picketed the Murtala Muhammed Airport Terminal

Boeing CEO Says Air-Taxi Prototype Will Be Ready for Takeoff Next Year

  ‘You’re going to see rapid progress here,’ Muilenburg says  Company is also working with regulators on air-traffic system   Boeing Co. says the age of air taxis is getting closer. A prototype will be in the air next year, Chief Executive

Primera Air: Passengers stranded as airline collapses

  A budget airline that began offering long-haul flights from UK airports earlier this year, including Stansted to the US, has collapsed. Primera Air said it was ceasing all operations at midnight on Monday after 14 years of operations. Flights to Washington and

Osaka International airport Closed due to Typhoon Jebi

Vehicles damaged by Typhoon Jebi are seen in Osaka, Japan, on Sept 4, 2018.PHOTO: KYODO VIA REUTERS   SIA cancels Singapore-Osaka flights after airport closure due to Typhoon Jebi. Japan's Kansai airport to reopen partially after typhoon damage Singapore Airlines (SIA) has

Bayelsa airport ready, SAHCOL inspects facility

The long-awaited Bayelsa State International Cargo Airport is ready, the Managing Director, Bayelsa Airlines, Capt. Henry Ungbuku has said. Ungbuku, who is also the Special Adviser to Governor Seriake Dickson on Aviation, stated this on Wednesday during the visit to the

Ethiopian launches first African freighter service to Miami

Ethiopian-777 freighter. Ethiopian Airlines Wednesday launched the first of two weekly freighter flights between Addis Ababa and Miami creating the first-ever cargo-only route between the African continent and Miami International Airport (MIA). The scheduled flights will operate on a route that includes

United Airlines eyes business travellers as it boosts European flights in 2019

United Airlines on Thursday will announce three new daily routes to Europe as the third-largest U.S. carrier eyes higher-paying business travelers on transatlantic flights. The increase in transatlantic capacity comes as part of a broader company strategy that includes growing the margin-rich

Kenya Airways Half-Year Losses Contract to Sh4 Billion

Kenya Airways narrowed its net losses by 28.8 per cent to Sh4 billion in the half year ended June on the back of cost-cutting measures and revenue growth. KQ, as the airline is known by its international code, made a net

Nigeria Now Offers Air Accident Investigation Services to African Countries – Minister

SAA taxiway accident The Accident Investigations Bureau (AIB) is now offering air accident services to some African countries, the Minister of State, Aviation, Sen. Hadi Sirika, has said. Sen. Sirika disclosed this yesterday in Abuja at the opening of the Four-Day Workshop

How Ethiopian Airlines Rose to the Top in Africa

  The airline is fully owned by the government of Ethiopia. State backing is a prerequisite for a major national enterprise with long-term goals, such as an airline. Note, however, that we do not get any funding or subsidies from the

Two United Airlines planes collide on the ground at Chicago O’Hare Airport

The collision happened on the ground at Chicago's O'Hare International Airport during the evening of August 15.  (ORD Insider)   Two United Airlines planes collided on the airfield at Chicago’s O’Hare International Airport on Wednesday afternoon, but thankfully no injuries were reported. Around

Ethiopian Airlines shows cargo volume growth in Q2

Ethiopian Airlines has released its results for the period ended on June 30, which shows an 18 percent increase in cargo volume to 400,339 tonnes, compared to the same period last year. The airline has added eight new destinations to its

Air Peace plans mini-hubs in Kaduna, others

A domestic airline in Nigeria, Air Peace, has said it is considering opening mini-hubs for its operations in Kaduna, Kano and a few other cities to help decongest the Lagos airport. The airline’s Chairman and Chief Executive Officer of Air Peace,

Ryanair strike hits 55,000 customers across Europe

Ryanair faced its worst one-day strike on Friday after a walk-out by pilots in five European countries disrupted the plans of an estimated 55,000 travelers with the budget airline at the height of the summer holiday season. Ryanair, which averted widespread strikes

Fraport sells its stake in Hannover Airport

Today, airport operator Fraport has sold its 30 percent stake in Flughafen Hannover-Langenhagen (FHLG), the operating company of Hannover Airport, to iCON Infrastructure Group for €109.2 million. Fraport had initially acquired a 20 percent stake in FHLG 1998, followed by another

IATA: Passenger Growth, Economic Boost Incentives for Investing in Aviation

The International Air Transport Association (IATA) and the African Development Bank (AfDB) have projected that Africa would be a market of 350 million airline passengers by 2035. This prediction, according to the association was an incentive for investors to go into commercial airline

Lufthansa reports robust growth in Q2 financial report

Yesterday, Germany-based Lufthansa reported solid results for its logistics division for 1H 2018, with earnings before interest and taxes (EBIT) up 48 percent year-over-year to €125 million, from €84 million on revenues that were up 12.3 percent to €1.3 billion. The

USA’s TSA will install 40 luggage CT scanners in airports this year

  The technology gives agents clearer views of luggage contents.   The TSA has been using CT scanners to screen airline passengers' luggage since last year -- early tests of the technology have been taking place in Phoenix's Sky Harbor International Airport and Boston's Logan International Airport.

Nigerian Public servants to be compelled by Govt fly Nigerian carriers for all official trips

Abuja - Nigeria's Minister of State for Aviation, Hadi Sirika, on Tuesday announced that the government has commenced moves that would compel any public servant travelling on a ticket bought with public funds to travel on a Nigerian carrier. According to

Air Peace scales IOSA renewal hurdle, pledges to sustain safety standards

Nigerian carrier, Air Peace, has again passed the International Air Transport Association Operational Safety Audit (IOSA), pledging to sustain the high standards of its flight operations. The airline made the announcement in a statement signed by its Corporate Communications Manager, Mr.

Medview Acquires Aircraft for Hajj, London Service

  Ahead of the commencement of 2018 hajj operations and recommencement of its London services, Medview airline recently took delivery of its newly acquired B777-200ER to boost its fleet. The Chief Executive Officer of the airline, Alhaji Muneer Bankole made this known

Management

UPS will not join FedEx lawsuit against U.S. government

FILE PHOTO: The logo of United Parcel Service is seen at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry, southern Paris, France, June 26, 2018. REUTERS/Charles Platiau - Copyright CHARLES PLATIAU(Reuters)     United Parcel Service Inc said on Tuesday it would

China considers blacklisting FedEx after Huawei delivery errors

FedEx sues U.S. Department of Commerce

Drone Scare Near New York City Shows Hazard Posed to Air Travel

EasyJet says drone chaos was ‘wake-up call’ for airports

Panalpina reports Q3 contractions, anticipates further challenges

Med-View Airline Restructures, Sacks 60 Workers

Aviation unions ground activities at Lagos Airport

Didi suspends carpool service in China after rape and killing of passenger

Clock Is Ticking for FedEx’s Board as Founder Nears Age Limit

How FedEx employee No. 3,531 went from sweeping floors to running Freight

USA’s TSA will install 40 luggage CT scanners in airports this year

SAA Chartered Plane Will Still Fly to Cuba, but Won’t Be Carrying Weapons

Ryanair cancels 24 flights due to strike by Irish pilots

UPS, Teamsters reach five-year Freight labour pact

Passengers Say Spirit Airlines Left Them Stranded in ‘Trip from Hell’

TSA-Approved ways to shorten the airport screening line

FedEx FY18 earnings soar on tax cuts

Nigeria Tightens Airport Security Amidst Fears of Isis Attacks

New US. Auto tariffs would raise prices, cost jobs – Experts

Industries

Toyota Motor aims to boost sales in China by 8 percent this year

Ghana in Talks With Volkswagen Over Plans to Assemble Vehicles

  Talks are part of Germany’s agenda to strengthen development  EU leaders seek to stem arrival of migrants from Africa   Ghana President Nana Akufo-Addo said the country is in talks with Volkswagen AG over plans to assemble vehicles as part of

Reprieve as Kenyan Parliament Suspends 16% VAT on Fuel

Nairobi - Parliament on Wednesday afternoon voted to suspend by two more years the introduction of 16% tax on petroleum products that was to come into effect on Saturday September 1, 2018. The move effectively shielded poor household from a spike

South Africa’s Fuel Price Meeting Blames Petrol Cost Hikes on Exchange Rates, Venezuela Instability

Cape Town - Energy Minister Jeff Radebe has presented several reasons why South Africans have to pay more at the pumps during an Energy Portfolio Committee meeting. The session comes a week after it was scheduled to be held, the

Ryanair cancels 24 flights due to strike by Irish pilots

The airline warned it will cancel more flights next week if Irish pilots strike for a third day over pay and conditions.   Low-cost airline Ryanair has cancelled 24 flights after a quarter of its Irish pilots went on strike. The flights

Boeing strikes aircraft deal with Brazil’s Embraer

The two aircraft makers have been discussing for months a transaction in which a new company.   Boeing has agreed on a deal that will give it control of Embraer's commercial jet business. The proposed joint venture will give the US aerospace giant

GM warns U.S. import tariffs could lead to ‘smaller’ company, fewer jobs

General Motors Co warned on Friday that expansive U.S. tariffs on imported vehicles being considered by the Trump administration could lead to “a smaller GM” with fewer jobs while isolating U.S. businesses from the global market. The Trump administration in May

Fuel Prices to Go Up in Namibia

Mines minister Tom Alweendo has announced a countrywide fuel price increase next Wednesday. The minister said petrol will increase by 20 cents per litre and diesel by 19 cents per litre at all towns supplied from Ondangwa, which was declared

Harley-Davidsons Should “Never” Be Made Abroad – President of the USA

Harley Davidson Fat Bob President Donald Trump has said Harley-Davidsons should "never" be built abroad, as he attacked the firm's plans to move some production overseas to avoid European tariffs. Mr. Trump said the iconic bike brand's new Thailand plant marked a

U.S. June auto sales seen up 2.5 percent: J.D. Power and LMC

FILE PHOTO: New cars are shown for sale at a Chevrolet dealership in National City, California, U.S. on June 30, 2017. REUTERS/Mike Blake/File Photo U.S. auto sales in June likely rose 2.5 percent from the same month in 2017 as consumers

India’s plan to sell national airline to a private buyer for $12 billion risk flop

  India's government was hoping to raise billions selling the national airline to a private buyer. Now it's likely to have to spend billions instead to keep it flying after being forced to shelve the sale. The effort to sell state-owned Air

Egypt increases fuel prices, as part of austerity measures

Egypt announced Saturday steep increases in fuel and cooking gas prices as part of the country’s economic reforms and austerity measures designed to overhaul the country’s ailing economy. The new prices went into effect Saturday morning, the Ministry of Oil said

FedEx calls U.S. tariffs on Chinese goods ‘counterproductive’

A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration   Global delivery company FedEx Corp said on Friday that U.S. tariffs on Chinese goods will raise prices for American businesses and consumers

Nigerians Buying Petrol at 41.3% Less of Actual Cost – Government

The actual price of Premium Motor Spirit, PMS, also known as petrol, climbed to N205 per litre, according to documents obtained from the Petroleum Products Pricing Regulatory Agency (PPPRA), Vanguard newspaper reported According to the documents from the PPPRA, the price

Peugeot’s Nigeria assembly plant Starts 2019

Peugeot 3008 SUV PSA Peugeot Citroen has revealed plans to start assembling cars in Nigeria by the first quarter of 2019 through a joint venture with the Chairman of the Dangote Group, Aliko Dangote, and five state governments. An adviser to the

Shipowners lament inability to access $2bn CVFF

Lagos - Local operators in the shipping industry have decried the inability to assess the Cabotage Vessel Financing Fund, which they say must have risen to over $2bn. The CVFF is derived from two percent of the contracts awarded under the

Protests worldwide against US idea of auto import tariff

Beijing (AP) - China, Japan and the European Union condemned Thursday the Trump administration’s decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts into the United States. President Donald Trump invoked a provision

U.S. diesel fuel prices highest since 2015

U.S. diesel fuel prices highest since 2015 The average price for a gallon of on-highway diesel fuel hits $3.104, with prices the highest in California, according to the U.S. Energy Information Administration.   The average price for a gallon of on-highway diesel in

How petrol was Sold to Nigerians at N163 per litre in March – NBS

... as CBN blame high prices of petroleum products on the absence of efficient refineries in the country. The National Bureau of Statistics on Wednesday released the Premium Motor Spirit (petrol) price watch for the month of March, which showed how the

Trade dispute escalates as Trump threatens China with $100 billion more in tariffs, China says will fight back ‘at any cost’

Shipping containers are being loaded onto Xin Da Yang Zhou ship from Shanghai, China at Pier J at the Port of Long Beach in Long Beach, Cali   China warns it would fight back “at any cost” President Donald Trump on Thursday directed U.S.

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