Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) has purchased over $1 billion in airline stock over the last three months — despite Buffett’s famous criticisms of the industry in the past. Buffett has repeatedly criticized the airline industry as a low-margin industry that requires a tremendous amount of fixed investment. “The …
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Dana Air has assured its guests of its commitment to on- time performance even as aviation fuel (JET A1) scarcity across the country worsens. Dana Air said in spite of the scarcity of aviation fuel, it’s on time performance is still second to none. The airline however reassured passengers that it’s …
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Arik Air on Wednesday announced reduction of flights due to the lingering scarcity of JET A1 (aviation fuel). The airline made the announcement in a statement by its Communications Manager, Mr Ola Adebanji, in Lagos. Arik Air said that aviation fuel scarcity started manifesting last week when major oil marketers …
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Emirates SkyCargo, the freight division of Emirates airline, has launched Emirates SkyWheels – a specialised transportation product for high value automobiles. Through its latest offering Emirates SkyCargo will provide customers a complete transportation solution for vehicles such as classic, luxury and sports cars, across its network. Customers who would like …
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Ethiopian Aviation Academy, the largest aviation academy in Africa, a full ICAO Trainer Plus Member and IATA Authorized Global Training Center, is pleased to announce that it has graduated 47 pilots, 92 aviation maintenance technicians, 50 cabin crew and 133 marketing professionals in a graduation ceremony held at Ethiopian Headquarters …
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The Benue State government and its joint venture partners under the Public Private Partnership, has flagged off the 38 Billion Naira Benue international cargo airport on a 6,000-hectre land along the Makurdi-Lafia road, Channels Television reports. Governor Samuel Ortom while speaking on the economic viability of the project conceived by …
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The Federal Airports Authority of Nigeria (FAAN) has commissioned three numbers ultra-modern carousels and conveyor belts at the D-Arrivals of the international wing of the Murtala Muhammed Airport (MMA), Lagos, Abelnewsng reports. The provision and commissioning of the facilities conforms to global trends and international best practices, The Managing Director, …
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NEW YORK, USA – Based on annual rankings of airlines worldwide, Qatar Airways has been announced as the Best Airline in the World, by AirHelp Worldwide, based in New York City. Qatar Airways captured the number one spot over 77 other airlines ranked by AirHelp internationally. Using data collected from …
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A man has been arrested for assaulting several flight attendants and and disrupting an international flight from Mexico to Germany. The passenger on the international flight forced the plane to make an emergency landing at Jacksonville International Airport, Florida, USA on Wednesday. Oliver Charlie Halliday Gee was reportedly unruly prior to the arrest and …
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Shooting at Oklahoma City airport DEVELOPING – Police closed off Oklahoma City’s Will Rogers World Airport hunting a possible suspect Tuesday after a shooting that wounded at least one person, Fox 25 reported. A man was lying in front of a ticket counter saying he’d been shot, officials told KOCO. The shooting …
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