Aviation
S. Korea to Buy 40 Fighter Jets With Stealth Capabilities
SEOUL – South Korean military leaders recommended purchasing 40 fighter jets with stealth capabilities and indicated Lockheed Martin Corp. (LMT)’s F-35 provided the best defense against North Korea’s growing nuclear threat.
The Joint Chiefs of Staff didn’t specifically name the Lockheed jet as the winner of the multi-billion dollar order in its statement, though the F-35 is the “only aircraft that fits requirements” set by the military, Defense Ministry spokesman Kim Min Seok told journalists in Seoul today.
The original tender process, which began almost two years ago, bogged down following the rejection of Boeing Co. (BA)’s F-15 Silent Eagle, as defense priorities shifted after the North launched long-range rockets and tested a third nuclear device. In recent months, South Korea has revised its security strategy to include the possibility of first strikes against the North, putting a premium on radar-evading technology.
“The stealthiness of the F-35 is a key consideration when you think about what kind of missions the Republic of Korea Air Force could be conducting — deep strike, for one,” said James Hardy, a London-based analyst at IHS Jane’s Defence Weekly.
The Joint Chiefs decision came hours after North Korea threatened to strike out at President Park Geun Hye and turn the presidential Blue House in Seoul into a “sea of fire” if South Korea makes any provocations, an unnamed North Korean military spokesman told the official Korean Central News Agency.
The fighter jet South Korea will buy “should be able to strike strategic targets after stealthily penetrating” into North Korea, the Joint Chiefs said in the statement.
More Planes
South Korea will sign the contract for the jets next year and take delivery starting in 2018, the Joint Chiefs said. The original tender was for 60 planes. Another 20 jets may be ordered depending on security needs, according to the statement.
The Lockheed F-35 was originally rejected as being too costly. By initially buying 40 jets the F-35 would now be within the original 8.3 trillion won ($7.8 billion) budget, easing final passage of the purchase by the Park government. Lockheed officials weren’t immediately available to comment.
The decision was also a setback for Boeing. In September, the ministry indicated it might consider buying a mix of planes, after refusing Boeing’s F-15 SE for the entire order because it lacked sufficient radar-evading capabilities.
Fighter Gap
“Once we are officially notified, we will closely review all new documentation before deciding how best to proceed forward,” Boeing said in an e-mailed statement. “We remain confident that the Advanced F-15, with its superior speed, range and payload, combined with cost and schedule certainty, is what Korea needs to meet its defense needs and address the growing fighter gap.”
Lockheed spokesman Philip Rood declined to comment on the fighter jet selection in South Korea.
South Korea faces North Korea over one of the world’s most heavily armed borders, a legacy of the 1950-53 Korean War that ended in a truce. In 2010, North Korea bombarded a South Korean island near the front line, killing four people. That incident has led South Korean military officials to vow air strikes should another frontline provocation take place.
U.S. Forces
President Park said Oct. 1 her government would hasten development of stepped-up surveillance and improved offensive weapons. The government has budgeted 1 trillion won next year for the plan. South Korea is also going to take over in the coming years war-time command of its forces from the U.S., which maintains about 28,500 troops in the country.
The U.S., Australia, Japan and Israel are among nations that have placed orders for the F-35, the Pentagon’s costliest weapon system.
The current price tag for 2,443 F-35s is $391.2 billion, a 68 percent increase from the projection in 2001, as measured in current dollars. This year, U.S. lawmakers, the Government Accountability Office and the Pentagon’s test office have said the aircraft is making progress in flight tests and in stabilizing production.
“Having more F-35s acquired by foreign allies and partners is helpful to us in keeping the costs lower for our own acquisition of the fighters that will eventually be the backbone of our fleet,” Bruce Lemkin, a former senior U.S. Air Force official who now heads Lemkin International LLC, a consulting firm, said by e-mail.
South Korea is expanding its air forces at time when the U.S. is trying to convince North Korea to abandon its nuclear program and return to the six-nation talks that offered the country aid in return for disarmament.
Signs that the North would consider de-nuclearization are “absent,” U.S. envoy for North Korea Glyn Davies said today on a visit to meet South Korean officials in Seoul.
– BLOOMBERG
Aviation
Shell Endorses Regional Action Plan for Safe Helicopter Services
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has welcomed efforts to promote safe helicopter services across Africa in a proposed Regional Action Plan (RAP).
The plan, according to a company statement, is the highlight of a workshop organised in Lagos within the week by the Aviation subcommittee of the International Association of Oil and Gas Producers (IOGP) in partnership with London-based safety advocacy group, HeliOffshore.
Biztellers reports that the two-day Offshore Helicopter Industry Safety Workshop (OHISW) with the theme “Developing a Regional Action Plan,” followed on from a similar session last year which SNEPCo sponsored.
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It also provided administrative and logistical support for this year’s conference which was sponsored by ExxonMobil. SNEPCo, which pioneered Nigeria’s deepwater production at Bonga in 2005, relies on helicopter shuttles for operations and supports the workshop as part of its contributions towards safe services in Nigeria.
In an address at the opening session delivered by General Manager Contracting and Supply Chain, Charles Oranyeli, Managing Director SNEPCo, Ronald Adams said: “By developing a regional action plan, we can move beyond dialogue to alignment, ensuring that the safety leadership, industry standards, and collaborative approaches championed last year are embedded in a common roadmap for collective improvement. The most effective solutions will come not from isolated efforts, but from partnership, standardization, and coordinated action across the region.”
The workshop was attended by more than 80 representatives from oil and gas companies, the Nigerian Content Development and Monitoring Board (NCDMB), the Nigeria Civil Aviation Authority (NCAA), the Nigerian Safety Investigation Bureau (NSIB), helicopter operators and original equipment manufacturers.
The event concluded with participants deciding action items for the proposed Regional Action Plan including Search and Rescue (SAR) initiatives, implementation of IOGP Report 690 standards and establishment of formal industry leadership forums.
The IOGP has been active for over 50 years, supporting its more than 90 members around the world to promote “excellence in safe, efficient and sustainable energy.”
Aviation
Airfares Likely to Rise as Aviation Fuel Price Spikes by 80%
The Airline Operators of Nigeria (AON) has declared that airlines operating in Nigeria have come under financial pressure following a sharp increase in the price of Jet-A1, also known as aviation fuel.
According to the group, the price of aviation fuel, has surged to about N1,800 per litre in many parts of the country, from about N1,000 per litre two weeks ago. This amounts to almost an 80 per cent increase within a short period.
Aviation fuel remains the largest cost component in airline operations, accounting for about 30 to 35 per cent of total operating expenses.
Industry stakeholders have linked the latest spike to the ongoing conflict in the Middle East, which has pushed up global energy prices.
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Speaking on Channels Television on Friday, the spokesperson for the Airline Operators of Nigeria, Prof Obiora Okonkwo, said the surge had placed airlines under severe financial strain.
According to him, most carriers have so far refrained from immediately transferring the additional cost burden to passengers, despite the pressure on their operations.
“Two weeks ago, we were getting Jet-A1 at about N1,000 per litre, which today is about N1,800, and even more in some stations. We have experienced an increase of about 80 per cent. That’s quite a spike,” Okonkwo said.
He explained that airlines were currently absorbing the losses in order to avoid worsening the economic burden on the travellers.
“We are not in a business where you can easily adjust your ticket price. Right now what we are doing is that we are bleeding. We are taking the blow. We are selling tickets at very non-profitable prices. We are losing a lot of money,” he said.
Okonkwo warned that the situation might not be sustainable if fuel prices continue to rise without government intervention.
“Obviously, adjustments will be expected anytime soon. But again, we are very sensitive to the economic situation of Nigerians and our travellers,” he added.
He noted that developments in the global oil market, particularly the recent release of reserve crude oil, could influence fuel prices in the coming weeks.
Okonkwo also urged the Federal Government to explore engagement with the Dangote Refinery as part of efforts to stabilise aviation fuel supply locally.
“We were more hopeless in a situation where there was no refinery in Nigeria in the last two years. Now that we have a refinery, we are hopeful that we can find a solution around it,” he said.
According to him, if the spike persists, some airlines may struggle to continue absorbing the losses associated with the rising cost of aviation fuel.
Meanwhile, the AON spokesperson also reacted to the decision by the Federal Competition and Consumer Protection Commission to sanction about five airlines over alleged price fixing.
Okonkwo said while the commission has regulatory powers, the aviation sector remains deregulated, making coordinated price fixing unlikely.
“There is no meeting of airlines where they agree to fix prices. Fixing prices would mean operating as a cartel, and that is not the case,” he said.
He explained that airline ticket pricing varies widely because different aircraft types attract different operating costs.
“Each airline determines its fares based on its own operational costs,” he said.
Okonkwo added that airlines must also demonstrate financial viability to regulators as part of the conditions for maintaining their operating licences.
“At every point in time, you must prove to the regulators that you are financially viable and capable of sustaining operations,” he said.
He urged regulators to take into account the fragile nature of the aviation industry when making policy decisions affecting airlines.
Aviation
Bird Strike Hinders Air Peace Lagos–Port Harcourt Flight
An Air Peace flight from Lagos to Port Harcourt has suffered a disruption, after the aircraft was affected by a bird strike on arrival at the Port Harcourt International Airport.
The airline made the disclosure on Thursday in a statement signed by its spokesperson, Osifo-Whiskey Efe.
He added that the incident necessitated safety checks on the affected aircraft and the deployment of another aircraft to convey passengers on subsequent flights.
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“We deeply empathise with passengers affected by this unforeseen incident and are working diligently to minimise disruptions,” Efe said.
The latest incident adds to the growing challenge of bird strikes faced by local airlines.
In December 2025, Air Peace disclosed that it recorded 49 bird strikes across Nigeria between January and September, stressing that even a single strike could ground an aircraft for weeks.
Chairman and Chief Executive Officer of the airline, Allen Onyema, had said on Arise TV that bird strikes constituted a major operational challenge, often leading to costly repairs and serious disruptions to flight schedules.
“One bird strike could cripple your aircraft for the next month. At that moment, there is no two ways about it. These bird strikes often lead to costly delays and serious disruptions in flight schedules,” he said.
He added that losses from such incidents compound other challenges facing Nigerian airlines, including heavy taxation and operational constraints.





