Abandoned Okada air aircraft at Benin airport Lagos (Punch) - The Federal Government, through its agency, Federal Airports Authority of Nigeria, has started evacuating abandoned aircraft at the Murtala Muhammed Airport, Lagos. The General Manager, Corporate Communications, FAAN, Henrietta Yakubu, told journalists on Monday that at least 13 aircraft belonging to different
Aviation
Med-View suspends Dubai flight operations
Five days after Med-View Airline put on hold its service to London, the Nigerian flag carrier has suspended its Dubai operations till March. The airline’s Managing Director, Mr. Muneer Bankole, who disclosed this on Monday, said the suspension was to pave the way for aircraft maintenance and refurbishment. However, a source disclosed that
Lockheed Martin revenue beats, outlook strong for 2018
Lockheed Martin Corp reported quarterly revenue on Monday that beat Wall Street estimates, helped by higher F-35 fighter jet sales, and forecast better-than-expected 2018 profit. Lockheed said quarterly sales in its aeronautics business, its biggest, rose 11.8 percent to $6.05 billion. The profit margin for division grew by 20 percent in the
US, Qatar reach agreement on subsidy spat with airlines
The arrival of Qatar Airways Airbus A350- 1000 at Doha airport last week. Pic: Abdul Basit Washington (AP) — The United States and Qatar have reached a deal to resolve a years-old quarrel over alleged airline subsidies, seven individuals familiar with the deal said Monday, as Qatar’s government works to defuse
How Nigerian airlines’ll be shortchanged by Africa’s open skies treaty
Air Force One Needs 2 New Refrigerators. Together, They Cost $24 Million.
Homeowners, take comfort: Even the appliances on Air Force One break down. More than a quarter-century after they were installed, two of the refrigerators on the president’s plane need to be upgraded, and these specially designed “chillers” aren’t cheap. The Boeing Company was awarded a nearly $24 million contract in December to
Qatar Airways’ first Airbus A350-1000 to be delivered Feb 15-20: CEO
Qatar Airways staff hold the national flag next to an Airbus A350-1000 in Doha, Qatar, January 27, 2018. REUTERS/Naseem Zeitoon Delivery of Europe’s largest twin-engined passenger jet to launch customer Qatar Airways had been delayed from late last year to some time next month due to issues with installing business class
Airbus CEO backs CSeries assembly plan after ‘hands down’ ruling
FILE PHOTO - Airbus Group Chief Executive Tom Enders speaks during a news conference on the aerospace group's annual results, in London, Britain February 24, 2016. REUTERS/Hannah McKay Dublin (Reuters) - The head of Europe’s Airbus pledged on Friday to push ahead at “full throttle” with plans for a new assembly
U.S. trade body backs Canada’s Bombardier over Boeing in tariff spat
Washington/Montreal (Reuters) - Bombardier Inc shares jumped 15 percent on Friday after the Canadian plane maker won an unexpected trade victory against Boeing Co which means it can sell its newest jets to U.S. customers without heavy tariffs. The decision by the U.S. International Trade Commission is the latest twist in
American Airlines announces Double-digit growth in cargo revenues boosts in 2017 profits
...adding cargo services to four more European destinations to network American Airlines (AA) announced a full-year net profit of US$1.9 billion, or $2.4 billion excluding net special items, for 2017, which the carrier concluded was, “a remarkable year.” While passenger operations were predictably robust, the fastest-growing segment was cargo, which registered a