American Airlines buys stake in China Southern Airlines

  American Airlines has agreed to pay $200 million for a stake in China Southern Airlines, one of China’s three major state-owned carriers, in a bid for a bigger share of the country’s growing travel market. China Southern will expand commercial cooperation, possibly in sales, airport facilities and code-sharing, the airline said in an announcement Tuesday through the Hong Kong stock exchange. The deal represents 2.76 percent of China Southern’s shares and requires regulatory approval, the airline said. Foreign carriers are forging steadily closer ties with Chinese airlines to gain…

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Kaduna: Dream turns despair for airlines

They anticipated a boom when Kaduna airport was hurriedly put together to allow for Abuja airport repair. But the reverse is the case WOLE SHADARE writes   Cloudy sky The blue skies of Kaduna Airport should be clear for airlines, but they are not. Fuel bills may be a fraction of their problem, but there are some nasty headwinds appearing. Nigerian airlines have clandestinely announced a fall in ticket price that shot up to between N38,000 and N42,000 for economy class before Abuja airport was shut for repairs on March…

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Recent appointments expose aviation underbelly

The recent appointments in some key agencies of the aviation sector, to say the least, are less than satisfactory. One would have thought that due diligence was done before some people were brought to man sensitive positions in a sector that is highly life dependent. Not a few were wondering if these changes would bring desired results and make the sector better, or one that the Ministry of Aviation is pursuing to provide jobs for the ‘boys’. Could this possibly be the best the nation can offer or assemble to…

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Sirika vows to quit if Abuja airport deadline fails

Minister of State for Aviation, Hadi Sirika said he was ready to resign if the Abuja airport runway is not fixed within the six weeks slated for completion of work on the facility that defied new maintenance procedure, necessitating the shutdown of the facility. This came as the Minister disclosed that the Murtala Muhammed Airport, Lagos is in line for certification May this year while that of Abuja is expected to be the next in line for certification December 2017. Sirika made the disclosures Monday when the Minister of Information,…

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