Wednesday, March 3African Business News
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Tag: Airlines

Airlines cancel flights over low patronage, apathy

Airlines cancel flights over low patronage, apathy

Aviation
A number of flights were yesterday and Wednesday cancelled over low patronage on some of the recently opened routes. Following the early success on the Lagos and Abuja corridors, more airports have resumed operations but without the airlines having flights on the routes. The Guardian learnt that although Kaduna Airport has resumed, it was yet to receive flights. At least three airlines cancelled their sole flight to Kaduna yesterday, just like on Wednesday, due to low passenger turnout. The Maiduguri Airport, according to the Federal Government’s reopening plan, was cleared as of last Saturday. It also had its scheduled flights cancelled. The Sam Mbakwe International Cargo Airport, Owerri, has been having few flight services, but with a very limited number of passengers. Operat...
Long-haul records zero traffic as foreign airlines resume

Long-haul records zero traffic as foreign airlines resume

Aviation
Travellers’ apathy has welcomed long-distance international travels, as more foreign airlines resume operations globally. The development is not unconnected with fears of coronavirus infections, the luxury of leisure travel during the recession, and tedious safety protocols like mandatory 14-day quarantine still in place at many destinations. The International Air Transport Association (IATA), however, urged governments to embrace the International Civil Aviation Organisation’s (ICAO) harmonised safety guidelines that include the use of face masks as a better alternative to quarantine and physical distancing onboard the airplane. IATA, the clearinghouse for over 280 airlines worldwide, disclosed that the demand for long-haul travel remains close to zero. The forwar...
Airlines seek flight resumption as NCAA submits findings today

Airlines seek flight resumption as NCAA submits findings today

Aviation
Local airlines have urged the Federal Government and the Presidential Task Force (PTF) on COVID-19 to reopen the airspace for airlines and airports that have satisfied safety protocol to begin operations. The carriers, under the aegis of Airlines Operators of Nigeria (AON), said more days were bound to be wasted and revenues lost should the system wait for every stakeholder to be ready. The appeal was made on the heels of the disclosure that the Nigerian Civil Aviation Authority (NCAA), was concluding its findings and would submit recommendations to the PTF today. AON Chairman, Capt. Nogie Meggison, at a webinar forum for aviation stakeholders, said a restart date would spur more stakeholders to intensify preparations and save newer investments recently made by the airlines. ...
Long-haul records zero traffic as foreign airlines resume

Long-haul records zero traffic as foreign airlines resume

Aviation
Travellers’ apathy has welcomed long-distance international travels, as more foreign airlines resume operations globally. The development is not unconnected with fears of coronavirus infections, the luxury of leisure travel during the recession, and tedious safety protocols like mandatory 14-day quarantine still in place at many destinations. The International Air Transport Association (IATA), however, urged governments to embrace the International Civil Aviation Organisation’s (ICAO) harmonised safety guidelines that include the use of face masks as a better alternative to quarantine and physical distancing onboard the airplane. IATA, the clearinghouse for over 280 airlines worldwide, disclosed that the demand for long-haul travel remains close to zero. The forwar...
50 per cent of airlines to go bankrupt without bailout supports by July end

50 per cent of airlines to go bankrupt without bailout supports by July end

Aviation, Business
At least one in every two airlines is now at risk of collapse given the dearth of lifesaving financial supports, the International Air Transport Association (IATA), has said. IATA, the clearing house for over 280 airlines globally, said time was running out on urgent and desperate measures to save the airlines before July month-end. While airlines in Nigeria are not an exception in the dire financial crisis facing the global aviation industry, a local carrier, Ibom Air, yesterday, appeared to be heading for safety. The Akwa Ibom State Government moved to rescue the airlines with an undisclosed bailout package. The IATA’s Director of Advocacy and Strategy, Africa, Funke Adeyemi, at a webinar forum, said the Association is working hard to get African Heads of State and organisat...
IATA Predicts 55% Drop in Airlines’ Revenue

IATA Predicts 55% Drop in Airlines’ Revenue

Business
The International Air Transport Association (IATA) has released updated analysis showing that the COVID-19 crisis is estimated to see airlines’ passenger revenue drop by $314 billion in 2020, a 55 per cent decline compared to 2019. This is just as IATA said government’s financial relief for airlines would be critical policy measure to safe the airlines. On March 24, IATA had estimated $252 billion in lost revenues (-44 per cent vs. 2019) in a scenario with severe travel restrictions lasting three months. The world body said the updated figures reflected a significant deepening of the crisis since then and reflected parameters which included: severe domestic restrictions lasting three months, some restrictions on international travel extending beyond the initial three months, worl...