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Boeing’s 2018 goal: A new plane every 11 hours

Boeing 787 Boeing is looking at another record year of deliveries - if suppliers can keep up. The planemaker expects to deliver between 810 and 815 commercial airplanes in 2018. That means it will have to complete one roughly every 11 hours. The world's airlines have an insatiable appetite for new airplanes thanks

23 African countries take a major step towards cheaper continental flights, sign Single African Air Transport Market treaty

  Almost three decades after it was first proposed, African countries have finally taken a major step towards opening the continent’s skies. Yesterday (Jan. 28), 23 African countries launched the Single African Air Transport Market (SAATM) initiative by the African Union (AU). The initiative is largely based on the agreements of the Yamoussoukro

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

Lekki, Ikoyi tolls will rise Feb 1 – LCC

Admiralty Circle Toll Plaza on the Lekki-Epe Expressway, Lagos Lagos - Lekki Concession Company Limited (LCC)has announced that it will increase the toll tariffs being charged at the Admiralty Circle Toll Plaza on the Lekki-Epe Expressway and the Lekki-Ikoyi Link Bridge Toll Plaza with effect from Thursday, February 1, 2018. The LCC’s

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