Aviation
Global airlines need 35,280 aircraft worth $4.8tr -Boeing
DUBAI – To meet the growing demand for new airplanes, Boeing has increased production of its popular 737, 777 and 787 airplane families just as it has forecast a long-term demand for 35,280 new airplanes, valued at $4.8 trillion, globally.
According to the aircraft giant manufacturer, these new airplanes will replace older, less efficient airplanes, benefiting airlines and passengers
and stimulating growth in emerging markets and innovation in airline business models.
Boeing is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems.
The bullish new forecast shows a 3.8 percent increase from Boeing’s prior rolling 20-year outlook, anticipating a surge in Asia-Pacific travel that will keep production rates rising. Boeing said passenger and cargo traffic, both indicators of economic activity, are expected to grow 5 percent annually.
Airlines will need 24,670 single-aisle jets worth $2.29 trillion at list prices, according to the latest forecast, up from 23,240 forecast last year. The forecast for twin-aisle planes such as the Boeing 777 and 787 and the Airbus A330 and A350 fell 1.5 percent to 7,830, compared with last year’s forecast, Boeing said. For Boeing 747 and Airbus A380 jumbo jets, the forecast fell 3.8 percent to 760 planes, from 790 aircraft forecast last year.
However, the forecast for regional jets made by Bombardier and Embraer was unchanged at 2,020 aircraft as global passenger traffic is expected to rise about 5 percent, matching the long-term trend, and slightly faster in 2014, said Randy Tinseth, Vice President of Marketing, Boeing commercial planes.
The global fleet of commercial aircraft hit 20,310 last year, its first time above 20,000, and is expected to more than double to 41,000 planes by 2032, Boeing added.
Of that fleet in 2032, about 41 percent will be replacement aircraft for planes coming out of service, 59 percent will reflect growth in travel and about 6,000 will be aircraft still in service.
Boeing dismissed concerns that aircraft makers are churning out too many planes, creating a bubble of oversupply.
“Every indicator that we see in the market says that the demand is real and there is a need to increase production, travel within the Asia-Pacific region, including China, will more than triple, far outstripping gains in other regions”, Tinseth added.
By the end of the two decades, that region’s travel will rival travel within Europe, North America and China combined.
– BUSINESS DAY
Aviation
Why Oyedepo’s Jet Can’t Leave Private Airstrip Without Govt’s Clearance – Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, has highlighted that every aircraft flying into or out of Nigeria, including those belong the military and influential individuals or corporate bodies, must first secure the clearance of relevant agencies.
Keyamo made the assertion on Sunday, as he featured as a guest on Channels Television’s Politics Today.
The minister specifically mentioned the Founder and Presiding Bishop of the Living Faith Bible Church Worldwide, Bishop David Oyedepo, while making the clarification.
Recall that the House of Representatives had called for a revocation of airstrip licences issued to certain individuals and private organisations, including Oyedepo’s church, citing security reasons.
ALSO READ: Bishop Oyedepo Reveals The Reason Behind His Fleet Of Private Jets
However, Keyamo insisted that there was no way a plane or drone, even if it belongs to the military, can leave or come into Nigeria without first getting a nod from the relevant aviation agency.
On if the airstrip of Oyedepo would also be subject to the same due process, Keyamo nodded.
In his words, “Oh yes, absolutely. That’s no problem. They were only concerned about the fact that they thought that somebody can take off from a private airstrip and fly out of Nigeria or fly into Nigeria. It is not possible.
“You must land in an international airport first. Then the Customs, immigration and NDLEA will process you before you take off from there to your private airstrip. If you are also flying out, you must land at an international airport. You will go through Customs, immigration and all the normal process before flying out.
“So nobody uses an airstrip for any such purpose without seeking clearance. At every point in time, the authorities must approve.”
On the number of airstrips Nigeria is operating at the moment, Keyamo said they are in the range of 40.
“We have a number of them, more than 40. For the federal airport, we have 23. The state airport has about eight or nine now.
“And then, the airstrips are about 40 or thereabouts. I have been there myself,” he stated.
Aviation
NCAA Cracks Down On Pilots Working For Multiple Airlines
The Nigeria Civil Aviation Authority (NCAA) has announced stringent measures against pilots and crew members who work for multiple airlines concurrently, a practice it describes as a serious safety violation.
In a letter dated November 6, 2024, Acting Director-General, Chris Nojomo warned that pilots operating for more than one airline without specific safety protocols pose significant risks to Nigeria’s aviation sector.
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The directive, titled “Prohibition of Ad-Hoc Flight Operators for Multiple Airlines,” noted that NCAA surveillance reports revealed multiple cases of unauthorized cross-airline work by flight crews, which the agency now plans to address.
According to the NCAA, simulator and proficiency checks endorsed on a pilot’s license are valid only for the specific airline and training program under which they were issued.
The letter stated, “With effect from the date of issuance of this directive, all operators and holders of pilot licenses are informed that this action will be treated as a violation of the Nigeria Civil Aviation Regulations.”
The NCAA’s new policy, effective November 11, 2024, warns that violators will face strict enforcement actions. Moving forward, simulator renewals will also be filed directly with individual operators, further tightening the agency’s oversight.
Aviation
Akwa Ibom Boosts Ibom Air Fleet With Two New Aircraft
In a bold step to strengthen Akwa Ibom’s position in Nigeria’s aviation industry, Governor Umo Eno announced the addition of two new Bombardier CRJ900 aircraft to the fleet of the state-owned airline, Ibom Air, on Friday.
The two aircraft, registered as 5N-CED and 5N-CEE, mark a milestone in the state’s commitment to strategic investment, with the governor stressing that the acquisitions were fully funded by state resources without loans from financial institutions.
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At a welcoming ceremony attended by local officials and residents, Governor Eno emphasized his administration’s mission to drive revenue-generating ventures for Akwa Ibom rather than relying on debt.
He called the move a step toward breaking the cycle of government investments that only serve to pay off loans, vowing that the state’s funds would go towards projects that bring returns to the people.
The governor challenged Ibom Air to turn a profit by 2025, stating that the airline’s management should ensure routes in and out of Uyo remain dependable to prioritize the needs of Akwa Ibom travelers.
“As long as I remain governor, we will continue to use state funds for the benefit of all, not for private gain,” he said, noting that his administration aims to ensure that public investments deliver real value to the state.
Governor Eno also provided updates on several ambitious state projects, including an 18-story commercial complex underway in Lagos and an upcoming 4-star hotel in Abuja, both designed to generate revenue for Akwa Ibom.
Plans for an international market in Ikot Ekpene and the phased opening of a new terminal at the Victor Attah International Airport were also announced, with the airport terminal set for partial operation by December and full activation in early 2025.
Speaker of the Akwa Ibom State House of Assembly, Udeme Otong, commended Eno’s financial management, highlighting that the administration has avoided seeking loans over the past 18 months despite launching significant development projects.
Ibom Air’s Chairman, Pastor Imoabasi Jacob, expressed appreciation for the state’s investment in the airline, which has seen its fleet grow to nine aircraft.
Jacob credited the governor’s support with enabling Ibom Air to boost flight capacity, meeting demand on popular routes such as Uyo-Lagos-Abuja.
Captain Mfon Udom, CEO of Ibom Air, stated that the expanded fleet will improve efficiency and allow the airline to scale up its operations in time for the Christmas travel season.
Udom also noted that the airline anticipates the delivery of nine additional Airbus planes, which will further strengthen Ibom Air’s market presence.
Traditional leaders, including HRM Edidem Ita Edet Okokon III of Okobo Local Government Area, lauded the governor’s leadership, pledging continued support from the traditional institutions.
Anie Essienette, Group Manager for Marketing and Communications at Ibom Air, noted that demand for the airline’s services has surged nationwide, with the new CRJ900 aircraft helping meet this increasing need while the airline awaits further fleet expansion.