Opinion
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As South Africa mulls the idea floating a new national airline for the country, a business and economic strategist, Michael Power, has said the nation is better off with the ‘Open Skies policy’.
According to him, the country should mute the idea of setting a new airline, noting that, one serious option that “we should adopt a… read more
As the world comes to grips with the pandemic's acute health
and socio-economic impacts, today we are facing a new reality of unprecedented
uncertainty. COVID-19 has brought the aviation industry to a halt, and like
everywhere else, it had a massive social, financial and economic impact in
Africa. The grounding of flights has resulted in… read more
The embattled South African Airways this week returned four more leased airplanes to their lessors, leaving the airline with only five to use, and with several questions about its ability to continue operations.
This comes after the airline had initially returned 17 aircraft in mid-June, followed by a second batc… read more
African airlines have never been in a strong position as far as global aviation goes. As the coronavirus pandemic entered the continent, the industry in Asia, Europe and the Americas was licking its wounds and trying to work out how it could recover.
The International Air Transport Association (IATA) chief economist, Bri… read more
Travel agencies in Nigeria have renewed their call to the Federal Government to reopen the nation's airports for international operations to avoid the collapse of the downstream sector of the aviation industry.
There is still uncertainty over the resumption of international flights four months after the suspension by the gove… read more
In order to grow the air transport industry to significantly contribute to the country's gross domestic product, create jobs and provide efficient service to the country, it must adopt decisive diplomatic policies to protect local carriers. Unfolding events in the aviation sector during the coronavirus lockdown showed that Nigeria may sti… read more
Dr Rufus Ebegba, an agriculturist and environmental biologist is the Director General/Chief Executive Officer of the National Biosafety Management Agency (NBMA). In this interview with MICHAEL JEGEDE, Ebegba spoke on the COVID-19 pandemic and lessons to be learnt from the global menace, particularly by African countries. Excerpts:
The N… read more
Nigerian banks have continued to make their foray into East Africa’s financial sectors, with the recent acquisition of Kenya’s Transnational Bank by Access Bank of Nigeria.
According to standardmedia.co.ke, Access is not the first Nigerian bank to get a foothold in Kenya; Guaranty Trust (GT) and UBA already have a presence here. The choice… read more
At mid-year, African economies, already battered by the Covid-19 pandemic are now facing a total GDP loss of at least $145.5 billion. With many countries recording an unprecedented surge in the number of infections, and the continent's total cases surpassing the half million mark as per World Health Organisation data, Africa is forecast to suffe… read more
Exactly a week after commercial airlines resumed flight services on Lagos-Abuja route, local airlines are struggling to sustain operations and meet cost as load factor hovers around 40 per cent.
The day-one optimism of about 70 per cent traffic across some of the local carriers has waned. Some of the operators c… read more