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‘Airports Recorded 4.9% Decline in Passenger Traffic in Q2’



  • ‘Airports Recorded 4.9% Decline in Passenger Traffic in Q2’

The number of air passengers dropped by 4.9 per cent from 3.85 million in the first quarter of this year to 3.65 million in the second quarter, a report on the aviation sector released by the National Bureau of Statistics has revealed.

The report, which was made available on Sunday, stated that during the second quarter of this year, 2.65 million passengers travelled through the nation’s domestic airports.

The 2.65 million, according to the report, represents about 73.6 per cent of the total number of passengers that travelled through the airports during the period.

It added that a total of one million passengers travelled through the international airports. This, the report stated, represented about 27.4 per cent of the total travel.

Compared to the number of passengers that travelled through the domestic and international airports in the first quarter, the report noted that the second quarter figures represented a decline of 4.52 per cent and 5.86 per cent, respectively.

This, according to the report, underpinned the slower growth in passenger traffic in the second quarter of this year.

The report read in part, “The first two quarters of 2018 saw mixed performances in the various items that make up airport transportation in Nigeria.

“The total number of passengers, who passed through Nigerian airports, reached 3,845,853 in the first quarter of 2018, a 33.51 per cent year-on-year growth from the same quarter of 2017; and 3,657,555 in the second quarter of 2018, a smaller year-on-year growth of 15.24 per cent from the same quarter in 2017.

“Consequently, there was 4.9 per cent decline in passengers for the second quarter 2018 when compared to the preceding quarter.”

It added, “Total aircraft traffic declined year-on-year for both Q1 (1.48 per cent) and Q2 (10.17 per cent) when compared to the corresponding quarter. In the first half of 2018, aircraft traffic totalled 96,659, a 5.9 per cent decline from the total aircraft recorded in the same period last year.

“A significant year-on-year decline in air cargo traffic via Lagos for both Q1 2018 (49.8 per cent) and Q2 2018 (65.4 per cent) led to an overall year-on-year decline of 37.8 per cent for the first half of the year.”

In terms of the number of passengers that passed through the airports during the period, the report stated that Lagos, Abuja, Port Harcourt, Kano, and Owerri served over 89.39 per cent of the total passengers in the first two quarters of this year.

It noted that the Murtala Muhammed International Airport in Lagos remained the busiest in the country for both international and domestic travellers.

The airport served 3,527,851 passengers or 48.71 per cent of total air passengers in the first half of the year.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


Transcorp Hotels Expand into Marketplace, Launches Aura to Connect People, Hoteliers, Others



Transcorp hotel

Transcorp Hotels Plc, on Thursday, announced it has launched a new digital platform, Aura, through which people can book accommodation, restaurants and experiences.

Aura, Transcorp’s first in the alternative accommodation segment, is part of the company’s asset-light model, leveraging technology to deliver true hospitality, exciting experiences, and drive shareholder value.

It’s a new dawn in the hospitality industry! I am thrilled to introduce you to Aura by Transcorp, the digital platform we are using to connect people to quality accommodation, great food, and awesome experiences,” Managing Director and Chief Executive Officer of Transcorp Hotels Plc. Dupe Olusola said.

For more than 30 years, Transcorp Hotels Plc has been at the forefront of creating a superior guest experience at our locations. Today, our commitment to innovation has offered us an opportunity to extend this beyond the hotel premises,” Olusola added.

The launch of Aura by Transcorp is one of the most significant developments in the company’s history as it seeks to transform the travel and tourism industry in Africa by focusing on three important components of travel, whether for leisure or business — where you stay, what you eat and how you spend your time. With its people-driven hospitality model, Aura is set to revolutionise travel and help remind Africans of our deep history of hospitality.

Speaking on the launch of Aura, Obong Idiong, Chief Executive Officer at Africa Prudential Plc, Aura’s technology partners, expressed his excitement. “Finding the right accommodation when you travel can be incredibly complex. Options available for the right prices are often limited, and travellers sometimes end up with accommodation that taints the travel experience. Transcorp Hotels Plc has been able to fix that with Aura and we are proud to be associated with them.”

To ensure topnotch user experience, we built a solution to drive digital transformation through the adoption of shared living spaces for the Aura business. With an advanced search algorithm powered by artificial intelligence, Aura determines the relevance of locations taking into consideration, the customers’ preferences and requirements to meet them at the point of their needs,” Idiong added.

Priscilla Adeboye, a travel enthusiast and early adopter of Aura, said the global pandemic has pushed international travel down her list. “But I still want to be able to take some time off work or spend a weekend away from home with the family. I have found incredible homes on Aura that meet my need for space and privacy.


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Siemens Energy Nigeria Appoints Seun Suleiman as Managing Director




Seun Suleiman is the New Managing Director of Siemens Energy Nigeria

Mr. Seun Suleiman is the new managing director of Siemens Energy Nigeria, the company announced on Wednesday.

According to the statement released by the energy company, Suleiman will be responsible for the entire management of operations and decisions on business policies and corporate strategy.

Commenting on his appointment, Suleiman said, “It is an absolute honor to lead the business for Siemens Energy Nigeria and I look forward to delivering on the brand’s promise of excellence.

Suleiman joined Siemens Energy in 2014, bringing over 15 years’ experience and deep expertise in the private sector across Europe and West Africa.

The statement said, “He is an accomplished business strategist and success-driven leader with strong business acumen. Suleiman has also been a core member of the executive management team at Siemens Energy serving in roles as Sales Director West Africa – Service Distributed Generation Oil & Gas and Vice President Service & Digital.

“Prior to this, he also held various functional and managerial positions with ABB Ltd UK, ABBNG Nigeria, Schneider Electric Nigeria and Dresser-Rand Nigeria Ltd.

It added that Suleiman was experienced in establishing operational excellence with specific competence in the power, oil and gas sectors.

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FG Reopens Osubi Airport Warri for Daylight Operations




FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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