Aviation
Pilots Strike Costs Air France N6m
Air France –KLM has put
the total cost of last months two-week pilots strike at £500 million ($632million) enough to wipe more than a fifth off the groups estimated fully-year core profit.
Reuters reported that Air France in July revised down its target for 2014 earnings from £2.5 billion to between £2.2 billion and £2.3 billion.
It said the total passengers traffic fell 15.9 per cent in September compared with the year before, adding that bookings for the fourth quarter were down by between 1 and 2 per cent points.
The £500million cost estimate included a direct impact of between £320 million and £350 million reflecting lower receipts and the purchase of tickets for customers on rival airlines , with costs partly offset by savings on fuel and other costs. The remainder was down to the delay in bookings.
The chief financial officer Pierre-Francois Riolacci told reporters that the airline had sold some 28 per cent of capacity for the fourth quarter, compared with 30 per cent normally at this stage of the year.
“The group estimates that part of the delay could be progressively reduced over the coming weeks”, the carrier said in a statement, adding it was difficult to quantify this adjustment exactly given the exceptional nature of the event”.
Pilots ended the airline’s longest strike since 1998 in late September after managers agreed to drop plans to set up a new European arm for low-cost unit Transavia Air France Plans to press ahead with the expansion of Transavia France.
Air France KLM said that for the winter season, its capacity would grow by 0.7 per cent, including 0.1 per cent for the passenger business at Air France and KLM as well as regional carrier Hop and 13.3 per cent for Transavia.
In a sign of tensions in the aftermath of the dispute, Air France said it had been forced to cancel a meeting with unions on Tuesday on its plans for Transavia due to the absence of unions representing a minority of staff.
“This meeting will be replaced by informal consultations with each representative union in order to deliver information on the development of Transavia” it said in a statement.
Air France pilots are seeking the right for future pilots to be recruited on the same conditions as those currently working for the main airline, a point on which management says it will not give way.
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Aviation Professionals Want Agencies Boards’ Inauguration
As a measure to curb corruption and restore accountability, the Association of Nigeria Aviation Professionals (ANAP), has called on the Minister of Aviation and Aerospace Development, Festus Keyamo, to push for the urgent formation and inauguration of governing boards for all other aviation agencies.
ANAP’s Secretary General, AbdulRasaq Saidu, made this call at the weekend when interacting with aviation correspondents, in reaction to recent inauguration of Board of the Federal Airports Authority of Nigeria (FAAN).
Keyamo had recently inaugurated the FAAN board, more than six months after its members were appointed by President Bola Tinubu, where Dr. Umar Ganduje was named Board Chairman, with FAAN’s Managing Director, Olubunmi Kuku, as the Vice Chairman.
Other board members include representatives from the Ministries of Justice, Defence, Tourism, and Aviation, as well as professionals from the Nigerian College of Aviation Technology, and FAAN’s legal department.
The ANAP scribe there urged the aviation Minister not to stop at FAAN but to ensure that all aviation parastatals are given functional boards to restore order and credibility to the sector.
He, however, commended Keyamo for recently inaugurating the board of the Federal Airports Authority of Nigeria but stressed that more needed to be done.
Saidu also warned that the continued delay in constituting boards for other aviation agencies creates room for unchecked abuses, including illegal contracts, fraudulent employment practices, and mismanagement.
“The absence of governing boards violates the enabling Acts that established these agencies. Only properly constituted boards can enforce discipline, ensure due process in decision-making, and provide oversight to prevent corruption”, Saidu said.
He emphasised that the aviation unions, including ANAP, have consistently raised concerns about poor governance and lack of transparency within the aviation system.
He called on President Bola Tinubu to act swiftly by appointing board members for all relevant agencies, in the interest of fairness and aviation safety.
Saidu also tackled the former Minister of Aviation, Senator Hadi Sirika, for failing to inaugurate any boards during his eight-year tenure, despite appointments being made by former President Muhammadu Buhari.
“ANAP raised the alarm several times under Sirika’s leadership, but nothing changed. That lapse has continued under the current administration, and it must be addressed now”, Saidu stated.
By: Corlins Walter
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