Air passengers in the region set to more than double by 2036 Carriers expanding capacity despite squeeze on profitability Airbus and Boeing have never had it so good in Asia. The rapid growth of mainland Chinese carriers and the entry of many budget operators has meant billions of dollars in orders
Tanker drivers deny embarking on strike
Lagos (Punch) - The Petroleum Tanker Drivers, a branch of the Nigeria Union of Petroleum and Natural Gas Workers, has denied reports in the media that its members will embark on a strike action from Monday. The National Chairman, PTD, Akanni Oladiti, said the union did not issue any three-day strike
FAAN Fortifies Security at Nigerian Airports, Begins Profiling of Airport Personnel and removal of Abandoned Aircraft
The Federal Airports Authority of Nigeria (FAAN) said it has reinforced security at its major airports to prevent any security breach as recently alleged when reports indicated that there was theft on taxiing business jets. The General Manager, Corporate Affairs, FAAN, Mrs. Yakubu Dati who disclosed this, said that the agency
Nigeria’s Implements ISPS Code, US Coast Guard Hails it
Lagos - Nigeria has commenced the implementation of the International Ships and Ports Security (ISPS) facility Code at the nation’s ports, with the goal of to attain 100 percent compliance with the ISPS Code. According to the Executive Director, Operations, of the Nigerian Maritime Administration and Safety Agency (NIMASA), Rotimi Fashakin, the
Pilots, engineers shut Bristow Helicopter
Members of the National Association of Aircraft Pilots and Engineers of the Bristow Group on Thursday commenced an indefinite strike over labour issues with the company’s management. As a consequence, members of the association withdrew their services, while all affiliates of the Labour Centre, United Labour Congress of Nigeria, agreed to
LCC increase toll on Lekki-Epe road and Ikoyi bridge, dangles 50% e-tag incentive at motorists
The Lekki Concession Company, the manager of the Lekki-Epe Expressway, has offered frequent users of the road passing through the Admiralty Circle Toll Plaza up to 50 percent toll discount on its e-tag. This, according to the Managing Director/Chief Executive Officer of the LCC, Mr. Mohammed Hassan, is to encourage more
UPS posts $1.1 billion profit for 4Q on high online shopping
Profitable Daimler expects heavy spending on new tech
CEO of Daimler AG Dieter Zetsche attends the annual balance news conference in Stuttgart, Germany Frankfurt, Germany (AP) - German automaker Daimler made lots of money last year. That’s a good thing, because the company says it will need to spend heavily this year to keep up with the technological change
FedEx to give wage increases, bonuses to workers
Memphis, Tenn. (AP) - FedEx says it’ll be giving wage increases, bonuses and make a voluntary $1.5 billion contribution to the company’s pension plan, citing recent tax reform legislation. The package delivery company follows others doing the same, including Home Depot, Disney, Starbucks and Walmart. Imagine your Ad placed here FedEx Corp. said Friday that it’ll
Zimbabwe’s National Railways Fails to Move 200,000t Chrome Ore
A National Railways of Zimbabwe train en route Bulawayo Ferro-chrome producer, Zimasco, is stuck with over 200 000 tonnes of ore after the National Railways of Zimbabwe (NRZ) failed to fulfill its obligation to transport them due to a shortage of wagons. Zimasco marketing manager Mrs. Clara Sadomba said the firm and NRZ