Nigeria In One Minute
2018: Nigerian airlines missing in $80bn aircraft deals
By the close of this year, airlines are expected to have made investments worth $80 billion on acquisition of 1,780 new aircraft, according to the International Air Transport Association (IATA).
Director-General of IATA, Alexandre de Junaic, said this in the Economic Performance of the Airline Industry data made available to New Telegraph.
He disclosed that the trend improvement in average returns has given the industry the confidence to invest on this scale.
Of the 1,780 aircraft deliveries, none went to Nigerian carriers. Ethiopian Airlines took delivery of its 100th aircraft, a Boeing 787-900 on June 5, 2018.
Ethiopian was the first airline to offer a jet service in the continent back in 1962 and operated the first African B767 in 1984, the first African B777-200LR in 2010, the first African B787-800 Dreamliner and B777-200 freighter in 2012 and the first African A350 in 2016 and the first AfricanB787-9 aircraft in 2017.
New Telegraph, December 25, 2018
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
A tale of Kwara public school where pupils learn under the tree without chalkboards
“You cannot make people learn. You can only provide the right conditions for learning to happen.” – Vince Gowmon But...
SPECIAL REPORT: Indiscriminate waste dumps, open defecation pose threat of epidemic in Kwara as govt slow to act
Forty three-year-old Bilikis Abdulrahman covered her pineapple fruit she is selling inside a white bucket container. This, she does to...
SPECIAL REPORT: Women displaced by conflict in North-Central Nigeria become farm helps to survive
Displaced women finding refuge in Abagena camp for Internally Displaced Persons (IDP) camp in Makurdi, Benue State have resorted to...
FEATURE: Kwara residents cry out for help as rainstorm devastates their homes
Phillip Moffitt, an American author, said: “the house is a home when it shelters the body and comforts the soul”,...
SPECIAL REPORT: Small businesses suffer, as govts fail to end sit-at-home in Nigeria’s South-East
It is a Thursday afternoon in December 2022 and the sun is scorching inside the popular Ogbete Market in Enugu...