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),
Tag: Management
South African Airlines recorded losses in 7 consecutive years, on the brink of bankruptcy
...airline urgently shopping for bailout of about $60 million ...unions allege institutional corruption South African Airways (SAA) has run out of money and is teetering on the edge of bankruptcy, according to information given to the country's parliament. It is thought the national carrier may soon be unable to pay salaries. The cash-flow
How Lufthansa lifted 60 million passengers in 6 months
Work commences at Ilorin Int’l airport
Ilorin, Nigeria. Renovation and upgrading of facilities have commenced at the Ilorin International Airport, in the Kwara State capital. The renovation, which is being executed by the Federal Airports Authority of Nigeria (FAAN) affects every part of the airport. Some of the projects being renovated are the FAAN Administrative block, roofing of
Airports’ lease agreements favour concessionaires – Aviation unions
Two major Nigerian aviation unions, Association of Nigeria Aviation Professionals (ANAP) And the Nigeria Union Of Pensioners (NUP), Federal Airports Authority of Nigeria (FAAN) branch have reiterated their opposition to the ongoing process of concessioning four major airports in the country, noting that the concession agreements favour only the concessionaires. The
Dotimi Pots of Soup Delivered by Courier
.…Moov facilitates Dotimi Mobile Pots of Soup and Signature Parcels partnership In a bid to continue serving its clientele freshly prepared dishes, mainly native Nigerian soups and stews garnished with embellishments, Nigeria’s foremost domestic soup makers, Dotimi Mobile Pots of Soup has announced a partnership between the soup processing company and
Railway Concession: 20 Locomotives, 20 wagons to arrive in May
The Federal Government has disclosed that come May 29, General Electric (GE) will bring in 20 locomotives and 200 wagons to boost the country's rail transit services. As part of the ongoing negotiations with the GE, the Minister of Transportation, Rotimi Amaechi pointed out that the concessionaire showed more interest in
Aviation experts seek participation of Nigerians in set-up of National Carrier
Abdulsalami Mohammed, Rector and Chief Executive of the College of Aviation Technology, Zaria, has called on the active participation of Nigerians in the set-up of the planned National Carrier. It would be recalled that last week, the Federal Government approved the engagement of Luftansa Consulting and others as transaction advisors for
Transport sector restructuring is crucial to Nigeria’s Economic Prosperity
To achieve the transport component of the Vision 2020 and place Nigeria on the path of economic prosperity, a Professor of Transportation Geography, Department of Geography, University of Lagos (UNILAG), Samuel Iyiola Oni emphasized the urgent need for restructuring the transportation sector in Nigeria. Professor Oni, at an inaugural lecture in