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Hospitality & Travel

United Airlines adds Nigeria, Ghana, 2 others to international routes

Nigeria and other new destinations have been included in the flight routes of United Airlines.

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United Airlines has extended its international routes to cover Lagos, Nigeria; Accra, Ghana; New Delhi & Bangalore, India; and Johannesburg, South Africa.

This was recently disclosed by the airline’s Vice President of International Network and Alliances, Patrick Quayle, via live and lets fly’, a travelers blog. According to the airline, it will add service to Lagos, Nigeria from its Washington Dulles hub, and it has worked with Boeing to address range issues with this new route on the 787-8.

He explained that Lagos is the largest gateway to West Africa, and the airline had operated service between Houston and Lagos for many years, but with the oil market depressed, Washington appeared to be a more lucrative opportunity.

He said, “The service will operate 3 times weekly starting next spring utilizing a 787-8. United will compete with Delta on the route, which offers service from New York JFK utilizing a 767-300.”

With a growing Ghanaian population in the greater Washington metro area, and a more fuel and passenger efficient 787-8 Dreamliner, United hopes Accra route will be a success.

“The service will operate 3x weekly starting next spring. United will compete with Delta on the route, which offers service from New York JFK utilizing a 767-300,” he added.

With South African Airways on life support, Quayle explained that United will add daily service between Newark and Johannesburg beginning in Spring 2021, and the move is expected to complement existing seasonal service to Cape Town. The flight will still utilize a 787-9

On Delhi route, United Airlines will take up the mantle of a long-time, but now abandoned American Airlines route. Chicago, United notes, has the second highest population of Indian Americans in the United States.

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The new service will begin in December 2020 and utilize a 787-9.

In what United calls its most-requested international route, new nonstop service between San Francisco and Bangalore will connect Silicon Valley East with Silicon Valley West.

The new route will start in the Spring of 2021 and be operated by a Boeing 787-9.

Why now?

While critics argued that United’s move at a time the world still battles COVID-19 pandemic could backfire, Quayle said:

Now is the right time to take a bold step in evolving our global network to help our customers reconnect with friends, family, and colleagues around the world.”

He added that the new non-stop routes would provide shorter travel times, and convenient one-stop connections from across the United States, demonstrating United’s continued innovative, and forward-looking approach to rebuilding our network to meet the travel needs of our customers.

Jaiz bank

Abiola has spent about 14 years in journalism. His career has covered some top local print media like TELL Magazine, Broad Street Journal, The Point Newspaper.The Bloomberg MEI alumni has interviewed some of the most influential figures of the IMF, G-20 Summit, Pre-G20 Central Bank Governors and Finance Ministers, Critical Communication World Conference.The multiple award winner is variously trained in business and markets journalism at Lagos Business School, and Pan-Atlantic University. You may contact him via email - [email protected]

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    Hospitality & Travel

    FG says private investors to invest about N102.75 billion on national carrier

    The Federal Government has said that some private investors are going to raise about N102.75 billion ($250 million) for the take-off of the proposed national carrier for Nigeria.

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    Emirates Airlines, airport reopen, domestic flights, aviation, The nature of Nigeria's ban on Boeing 737 Max 8, FAAN commences renovations of Enugu Airport , Land dispute threatens reopening of Enugu Airport , Here is reason Turkish Airlines was allowed to land in Abuja, Aviation industry's 2019 GDP contribution hits N198 billion but 2020 will be worse

    The Federal Government has said that some private investors are going to raise about N102.75 billion ($250 million) for the take-off of the proposed national carrier for Nigeria.

    This is coming after the initial failed attempt almost 3 years ago to launch the proposed national carrier for the country.

    According to a report from Punch, the disclosure is contained in a document on the updated status of the government’s aviation roadmap at the Federal Ministry of Aviation, Abuja on Wednesday.

    The Aviation Ministry stated in the document that the project development stage for the national carrier has been completed and as such, the procurement stage is the next step to be taken.

    The statement from the document says, “The next set of steps will involve the commencement of procurement phase by placing an advert for a request for qualification in the national dailies and the foreign media.

    $250 million approximately is to be raised to start up the airline by private investors.

    According to the aviation roadmap which is contained in the document, the Federal Government explained that the establishment of a national carrier would enable Nigeria to gain optimal benefits from Bilateral Air Service Agreements (BASA), take full advantage of the Single African Air Transport Market and introduce competition.

    It states, “The national carrier project will be private sector-driven, with the government holding not more than five per cent of the shares.

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    The private sector consortium may comprise reputable international airlines (such as Qantas), leasing companies, aircraft manufacturers (OEMs), financial and institutional investors.

    The government said it was providing the required support by creating the enabling environment in terms of sustainable policies, allocation of BASA routes, provision of financial guarantees and ensuring fiscal incentives to sustain the success of the airline.

    What you should know

    It can be recalled that in July 2018, the Minister for Aviation, Hadi Sirika, at the Farnborough Air Show in London, unveiled the proposed new national carrier called Nigeria Air and stated that it would be inaugurated by the end of 2018.

    This generated a lot of controversies as many Nigerians questioned the use of public funds to set up a private business and had doubts over the ability of the government to manage the airline after the liquidation of government-owned Nigeria Airways.

    The Federal Government in 2018, announced the immediate suspension of its widely publicised national carrier due to the alleged non-approval of the airline by the Economic Management Team (EMT) when it launched.

    The EMT was also reported to have recommended that public funds should not be used to set up the national carrier.

    Jaiz bank

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    Hospitality & Travel

    NGX lauds Transcorp Hotels over operational efficiency

    Transcorp Hotels Plc achieved business continuity by enhancing the organization’s operational efficiency.

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    COVID-19: Transcorp Hotel loses about N1 billion every month- CEO

    The Nigerian Exchange (NGX) Limited has lauded the efforts made by the Board and Management of Transcorp Hotels Plc towards achieving business continuity by enhancing the organization’s operational efficiency.

    NGX also congratulated the Group on the successful unveiling of new product lines and efforts towards repositioning the organization, thereby reassuring investor confidence in the company.

    This was disclosed by the Divisional Head, Listings Business, NGX, Mr Olumide Bolumole, when the management of the Hotel led by the Managing Director (MD)/Chief Executive Officer (CEO), Transcorp Hotels, Mrs Dupe Olusola, presented its Facts Behind the Figures to capital market stakeholders.

    READ: Nigerian hotels count revenue losses due to pandemic-induced plunge

    Speaking at the event, Mr Bolumole said, “Recently, NGX hosted the CEO, Transcorp Hotels Plc, Mrs Dupe Olusola to a digital Closing Gong Ceremony to commemorate the formal listing of their ₦10Billion rights issue.

    We are pleased that Transcorp Hotels has again chosen to utilise our platform to engage the market about the financial performance as well as strategic and operational developments within the organization.

    The Exchange recognizes the efforts made by the Board and Management of Transcorp Hotels Plc towards achieving business continuity by enhancing the organization’s operational efficiency. We congratulate you on the successful unveiling of new product lines and efforts towards repositioning the organization, thereby reassuring investor confidence in the company.”

    READ: Transcorp records N6.7billion Profit After Tax in Q3; maintains a positive revenue outlook

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    What Transcorp is saying

    Olusola noted that “Despite the adverse effect of the COVID 19 pandemic on all our business segments, Transcorp Hotels Plc remained resilient and took a critical and fundamental decision to remain open and maintain operations at both the Transcorp Hilton Abuja and Transcorp Hotels Calabar.

    Our primary goal was to survive as individuals and as a business, to adapt and to thrive in a new, changing, and unprecedented environment. Post-COVID-19 starting from September, we recorded an improvement in all our KPIs as compared with the industry performance.

    Today, leisure has become very important to us more than ever. As a hospitality business, we will constantly continue to challenge ourselves to ensure that we meet the diverse customer needs and provide excellent experience across all touchpoints.”

    What you should know

    Given that information asymmetry affects the decision-making of investors, NGX continues to encourage more issuers to take advantage of its platform to deliver timely, relevant, and accurate information to the market.

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