Kenyan Airways Kenyan - The Treasury and 10 local banks will control 87 percent of Kenya Airways (KQ) under the national carrier’s debt restructuring plan which will see them convert loans of Sh44.2 billion to equity. The government’s stake in the plan will rise to 48.9 percent from 29.8 percent, while the
Year: 2017
New Airport terminals require $500m extra to correct defects
Murtala Mohammed Int'l Airport Lagos Lagos (Daily Trust) - About $500 million (N152.5 billion) extra is required to fix design anomalies in the on-going airport terminal buildings in four locations in Nigeria. The new terminal buildings, conceived by the previous administration, in Abuja, Kano, Lagos and Port Harcourt airports, were not sited
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Lagos, Port Harcourt Airports Top List of World Worst Airports
Muritala Mohammed Aiport The worst five airports in the world comprised: Juba International Airport, South Sudan (JUB), Jeddah King Abdulaziz International Airport, Saudi Arabia (JED), Port Harcourt International Airport, Nigeria (PHC), Crete Heraklion International Airport, Greece (HER) and Lagos Murtala Muhammed International Airport, Nigeria (LOS) A recent survey
Heathrow Airport marks a record-breaking year
Passengers waiting to board their flights at Heathrow airport The mega-hub recorded a boost in passenger numbers to more than 6.5 million passengers in October. This is an increase of 2.8 per cent on last year. The Middle East has been the fastest growing market for Heathrow, increasing 11.8 per cent as larger, fuller
Uber board strikes agreement to pave way for SoftBank investment
Uber App on a mobile phone SAN FRANCISCO Reuters- Uber Technologies Inc’s warring board members have struck a peace deal that allows a multibillion-dollar investment by SoftBank Group Corp to proceed, and which would resolve a legal battle between former Chief Executive Travis Kalanick and a prominent shareholder. Venture capital firm Benchmark,
NCAA Alerts Airline Operators On Weather Hazard
Nigerian Civil Aviation Authority -NCAA NAN-The Nigerian Civil Aviation Authority (NCAA) has issued a weather alert to all airline operators indicating hazards associated with Harmattan dust haze in flight operations at this period of the year. A statement by the NCAA General Manager, Public Relations, Mr. Sam Adurogboye, on Sunday said the
Nigerian Government to inaugurate 10 new coaches, 2 locomotives for Abuja-Kaduna rail
The additional 10 coaches and two locomotives are expected to ease transportation for passengers on that route. Abuja - Nigeria - Nigeria's Minister of Transportation, Rotimi Amaechi says the Federal Government of Nigeria will inaugurate 10 new coaches and two locomotives for the Abuja-Kaduna rail service on Dec. 10. The Minster made this announcement while
Hawaii’s Island Air shuts down after 37 years of flight
N945WP Island Air ATR 72-212 HONOLULU (AP) — Hawaii's second-largest airline, Island Air, shut down Friday after exhausting all options to keep flying. Island Air, which has about 400 employees, made the announcement Thursday. The company filed for bankruptcy protection on Oct. 16 after its aircraft lessor attempted to repossess the company's three
Huambo – Albano Machado Airport Angola Shuts Down for Repair Works
Albano Machado Airport, in Huambo City The Albano Machado Airport, in Huambo City, the capital of the central province with the same name, is shutting down to undergo repair works, chiefly on its runway, having into account the safety needed in that area. Imagine your ad placed here ANGOP has learnt that the works have