. Revenue dips by 50 per cent • Delta Airline takes over U.S. route from Arik • FirstNation scales down operations The current low pricing strategy and the attendant low cost of local air travel in the country may be attracting new passengers to airlines, but fast lowering the chances of struggling aircraft
Tag: Business
Ethiopian Airlines Targets $10bn Revenue, 146 Destinations
Known for over-reaching its targets, Africa's most successful carrier, Ethiopian Airline has said it is working to be a 10 billion dollar profit making organization, fly 120 international and 26 domestic destinations by 2025. But the airline, which has remained the most profitable operator in the continent, has actualized its set
Volkswagen led Top 10 Automakers For June 2017
Reports of the imminent loss of Volkswagen’s worldwide sales crown are exaggerated, global data house JATO Dynamics suggests in its list of the top 10 global automakers. Volkswagen Group is firmly in the top position on this list, while Renault-Nissan and Toyota are neck-and-neck in the next two places. Also: “Peak
Lagos bans meat transportation on motorbikes, air cool vans
LAGOS, NIGERIA - The state government has banned the use of motorbikes popularly known as ‘Okada’ and ‘Air Cool Vans’ for transportation of meat and meat products in all abattoirs and slaughter slabs across the State in order to ensure a well-structured meat transporting system which befits the status of a mega city. Use of motorcycles for commercial transportation
Heathow reports July 2017 its busiest ever month
...the airport reported a jump in cargo ...criticised for offering 'poor' assistance to disabled travellers by the Civil Aviation Authority LONDON – Heathrow had its busiest ever month in July, driven by a jump in the volume of cargo and a smaller rise in passenger numbers, but has been criticised as offering
How Nigeria’s air passenger volume will grow by 7% annually
The volume of air passengers in Nigeria is expected to increase by seven per cent annually over the next 10 years. The Regional Vice-President for the Middle East and Africa, International Air Transport Association, Muhammad Ali Albakri, who stated this, said the growth would see an additional 7.9 million passengers take
Uber knowingly rented cars that were at risk of catching fire to its drivers in Singapore, a report says
Managing a Successful 3PL Relationship
The term 3PL stands for Third-Party Logistics, a service that allows you to outsource operational logistics from warehousing, all the way through to delivery, and ultimately enables you to focus on your core business. Companies that decided to outsource their logistical needs to a third party provider or 3PL should understand
Toyota’s Quarterly Profit Improves on Strong Sales
Toyota and Mazda Motor Corp. are set to announce later today a partnership TOKYO (AP) - Toyota Motor Corp. reported Friday that its fiscal first quarter profit rose 11 percent as sales improved around the world, including in the U.S., Europe and Japan. Toyota's April-June profit of 613.0 billion yen ($5.6 billion),
FedEx to Skip Holiday Surcharges for Most Orders
...Rival UPS has said it would add peak-period fees around Christmas and Black Friday Memphis, U.S.A - FedEx Corp. said it won’t charge additional fees for most orders during the holiday season, in contrast with United Parcel Service Inc., undercutting its main rival as they battle for e-commerce customers. The decision by