Aero Contractors (Nigeria) Boeing 737-42C 5N-BOB Lagos (Thisday) - By the time Asset Management Corporation of Nigeria AMCON took over the management of Aero Contractors in early 2016, the hitherto foremost airline was at its nadir. There was no money to run the airline; the aircraft in its fleet were largely
Month: October 2017
Subaru chief says inspections were flawed, like Nissan’s
In this Oct. 25, 2017, photo, Subaru Viziv concept car is displayed during the media preview of the Tokyo Motor Show in Tokyo. Japanese automaker Subaru is investigating whether it carried out illegal inspections on its own vehicles and if any recalls might be needed. Japanese media say unauthorized people
Industry Players Voice Confidence in Ghana’s Aviation Sector
U.K. aims for final proposal on Heathrow expansion in 2018
Heathrow expansion vote delayed until 2018. Heathrow west of Terminal 5 The saga continues for London Heathrow’s third runway expansion, as the U.K.’s Transport Secretary Chris Grayling began a consultation period on a revised version of the airport’s national policy statement. The goal is to publish final proposals for the LHR expansion
Wall Street Loves Electric cars, America Loves Trucks
DETROIT (Reuters) - Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc, but Americans love big, fuel-thirsty trucks like Ford Motor Co’s best-selling F-Series pickups and are paying ever-higher prices to buy them. The auto industry is at a crossroads, with the future of legacy automakers like
Airlines’ Low Lifespan Points to Poor Management, Maintenance Cost
Defunct Air Nigeria Lagos (Business-Day) -Poor business management by domestic airline operators and heavy cost of aircraft maintenance have been identified as reasons airlines have lifespan below 10 years in Nigeria. BusinessDay’s checks show that since the establishment of the Nigeria Civil Aviation Authority (NCAA) in 2000, domestic airlines on the register of
Announcing DR. OBIORA MADU – Guest Columnist
Dr. Obiora Madu Moov Logistics News is pleased to announce that beginning from Monday, October 30, 2017 readers will be treated weekly with the insightful, scholarly and professional contributions of the renowned Dr. Obiora Madu (Mr. Export), the quintessential 'logistician' and export expert. Dr. Madu will be writing on a wide range
Asia’s Oldest Railway Opens Door to Private Steel Producers
Asia's Oldest Railway Bloomberg - Indian Railways has floated a global tender to procure rails, a move that may end the monopoly of state-run supplier Steel Authority of India Ltd. as Asia’s oldest network seeks to plug a supply shortfall. The state-run freight and passenger carrier is seeking to buy 700,000 metric tons
American and Southwest signal rising airline prices ahead
American and Southwest DALLAS (AP) — American and Southwest are expecting their average prices to move higher the rest of this year, which would mark a shift from fare wars that have cut into profits and created turbulence for airline stock prices. Both carriers said Thursday that they see a key measure
New screenings begin for passengers on US-bound flights
DUBAI, United Arab Emirates (AP) — New security screenings for all passengers on U.S.-bound flights began on Thursday, with airlines worldwide questioning flyers about their trip and their luggage in the latest Trump administration decision affecting global travel. However, confusion still remains about the new regulations, which come at the end