China aims to construct 216 new airports by 2035 to meet the growing demands for air travel, reports say.
China had a total of 234 civil airports at the end of October, and this number is likely to hit 450 by 2035. This is part of China’s ambition to become an aviation power, reported People’s Daily, China, quoting Reuters.
Data shows that demand for passenger air transportation in China will surpass the US by 2035, representing almost one-quarter of the world’s total flights.
Airports in China managed 552 million travellers last year, which is expected to grow to 720 million by 2020.
With one billion new passengers and 1.6 billion total passenger traffic in the next two decades, China is set to become the largest driver of the global aviation industry, according to the International Air Transport Association.
With great market potential and the consumption upgrade trend, China is driving development of international aviation in the Asia-Pacific, and the country is expected to maintain its steady growth in the next two decades, surpassing the US to occupy the top spot in the global aviation industry, IATA said.
More than half of new passengers are expected to come from the Asia-Pacific, the report pointed out, thanks to stable economic growth and rising household income.
“Among all the nations in this region, China will become the country with fastest growing aviation market in the next 20 years, due to its prospective one billion new passengers and 1.6 billion total passenger traffic,” the report said.
Driven by China’s expected annual five percent growth, the Asia-Pacific will become an important impetus for international aviation industry.
“China is the most dynamic aviation market in the world, with a prosperous economy and a growing middle-income group, and there is strong potential for the global aviation industry in Asia,” according to Alexandre de Juniac, Director General and CEO of IATA.
“The rapid development of China’s aviation industry is a result of the country’s reform and opening-up, as well as its active participation in the international market,” said Brian Pearce, IATA’s chief economist, who added that China has injected new vitality into the world aviation industry.
The report also predicted that the net profit of the global air transportation industry will reach $35.5bn, with an expected 4.59 billion passengers and 65.9 million tons of cargo volume.
Largest Man-Made Lakes in the World
Man-made water-bodies are formed by constructing a dam across a flowing river in order to regulate the flow of water. These are known as reservoirs. These artificial lakes are constructed to store water for power generation, irrigation, and can be put to domestic and industrial use.
Dams could also be made on an outlet channel of a naturally occurring lake to provide better control of the water level in the lake. Such types of constructions typically maintain the natural characteristics of the lake, and examples of such constructions include Lake Tahoe in the US and Lake Victoria in East Africa. Human-made lakes are found mainly in regions having limited natural lakes or where the lakes are not suitable for human water needs. Here we take a look at some of the Largest Man-Made Lakes In The World
Kariba dam is the largest man-made lake in the world. Located in Zambia and Zimbabwe, it can hold up to 180.6 cubic kilometers of water. It was constructed in 1959 on river Zambezi and has a height of 420 feet and a width of 1900 feet. Lake Kariba extends for 170 miles. The primary purpose of the dam is to generate electricity and supplies about 1626 megawatts of electricity to Zambia and Zimbabwe. When the dam was constructed there was resettlement or approximately 57,000 people who were living in the area on both countries of Zambia and Zimbabwe. Lake Kariba controls about 90% of the total runoff of river Zambezi and has directly affected the ecology significantly in the downstream. Between 1958 and 1961 the wildlife rescue operation on river Zambezi captured about 6,000 large animals and several other small animals that were facing a threat from the rising water on the lake. In 2008 it was reported that the heavy rains could force the release of water from the dam which would affect at least 50,000 people who were living downstream. In 2010, the floodgates of the dam were opened because of the rising water on the reservoir, and this forced evacuation of about 130,000 people who were living in the floodplains. In 2014 engineers from the Zambezi river authority warned the foundation of the dam had weakened and needed repairs.
The Akosombo dam is also known as Volta Dam, and it is a hydro-electric generating plant on Volta River in Ghana. The Akosombo dam is the largest human-made lake in the world by surface area which is approximately 3,283 square miles and accounts for 3.6% of the land area of the whole of Ghana. However, by volume size, it is the third largest after the Bratsk reservoir in Russia. Akosombo dam has a volume of 150 cubic kilometers, and the main purpose of the dam is to provide electricity, and its original output was 912 megawatts, which was later upgraded in 2006 to 1020 megawatts. The flooding that created Lake Volta reservoir had a substantial environmental impact and displaced many people. The Akosombo dam supplies electricity to Ghana and other neighboring countries in West Africa like Benin and Togo. At the time of commissioning 20% output of the dam was serving 70% of the country’s demand, while the 80% was reserved for Volta Aluminium Company (VALCO).
Manicouagan Reservoir in Canada is multiple buttress dam, and it was constructed on Manicouagan River stretching 133 miles. The construction of the dam began in 1959 and by 1970, and the primary purpose for the dam is to generate electricity and supplying water to the powerhouses. It has the capacity of 2,596 megawatts. The dam is the fourth largest in volume holding capacity of 141.8 cubic kilometers. The project is owned and operated by Hydro Quebec.
Lake Nasser is a reservoir located in the south of Egypt. The lake is approximately 341 miles long and 22 miles wide at its widest part. This man-made lake has a surface area of 2,030 square miles. The deepest part of this lake measures 600 feet. The majority of the lake lies in Egypt, but a section of the reservoir is also located in Sudan. The Sudanese refer to the body of water as Lake Nubia.
The Bratsk Reservoir was constructed in Russia, on the Angara River, in 1967. This enormous body of water covers more than 2,110 square miles and is named after the nearby city of Bratsk.
Airlines slash fare to encourage voters
Thousands of Nigerians who want to travel to vote in the rescheduled Presidential and National Assembly elections have been given airfare cut by Aero Contractors and Arik Air.
Both carriers yesterday introduced promo fares in what they termed ‘Fly to Vote promotion’ to encourage disenchanted electorate. But for an eligible air traveler to qualify for the promo, he must present his Permanent Voter Card (PVC). The airlines made the disclosure in separate statements issued in Lagos.
Ilegbodu said: “Arik Air, Nigeria’s leading airline has introduced an N16, 000 Fly to Vote promotion to encourage Nigerians to travel to their respective wards to cast their votes in the rescheduled Presidential and National Assembly elections, as well as the Gubernatorial and State Houses of Assembly elections holding across the country on February 23, 2019 and March 9, 2019 respectively.
“The N16,000 promotional fare is the one-way ticket cost to any domestic destination on Arik Air’s network and customers must present a PVC at the point of purchase and at check-in to be eligible to fly.
Should Nigeria embrace Capitalism? Is what’s good for the merchants good for Nigeria?
Indian merchants who knew Sheikn Rashid recall that his favourite saying was,
“What’s good for the merchants is good for Dubai.”
The motto famous in Dubai as the philosophy behind the Making of the Megapolis. They also recall what a thrill it was for Emiratis each time a new merchant arrived to set up shop. Just sixty years ago Dubai’s population scraped a living by picking dates, diving for pearls, or sailing in wooden dhows to trade with Iran and India.
But today, Dubai is everything the rest of the Arab world is not, with its unfathomably high skyscrapers, matched only in size by its vast, sprawling shopping malls and its residents’ bulging bank balances. As at 2013, the UAE’s per capita income of $48,000 was one of the highest in the world. A robust economy with perhaps the best infrastructures on the planet, one of the safest place to live or do business in the middle east, and generally, one of the safest sanctuaries of global capital. Achieved simply on the back of sound reasoning by good leadership, with a focus on establishing an economy beyond petroleum exports: using their oil wealth to invest in trade and industry for profit in accordance with basic principles of capitalism.
Like Dubai sixty years ago, the economic setbacks of Nigeria can still be addressed if Nigerians can look beyond cheap petrodollar and its criminal enterprise of bribery and corruption, as the nation’s main source of wealth creation. For which the consequence of this chronic condition has over the years impeded the incentives for creativity and the diversification of the Nigerian economy, which otherwise by now should have resulted in the economic independence from petroleum exports, and could have provided revenue generation in multiple growth sectors.
It remains shocking but not surprising that even amongst many of Nigeria’s enlightened youths and elites, a lack of the will or capacity to aspire beyond oil revenue and the followership of the downline of corrupt element still strives. However, from the leadership perspective, the main perpetrators have been myopic leaders whose years of leading with extreme incompetence, gross lack of commercial awareness and arrogance have not allowed for any well-grounded vision beyond the petrodollar.
Indeed, like Muhammadu Buhari, the quality of being perceived, to be honest, or having strong moral principles: integrity, is an attractive attribute of a leader. However, for the President of a country like Nigeria, with severe economic challenges and a rapidly growing youth population, a lot more substance is required for progressive leadership. Until Nigerians elect leaders that could radically embrace policies that promote commercial growth and create business-friendly environments with conditions suitable for domestic and international businesses alike, Nigeria would remain drowned in acute economic ignorance.
Undoubtedly, It is absolutely essential to plug the notoriously occurring leakages in the economy, however, with a population of 180 million people with a youth unemployment rate of 13.41% as at 2017 and increasing, a focus on revenue creation to stimulate growth is critically essential. But to date, efforts towards the regime’s myopic economic policy of simply fighting corruption, and its unstructured attempt to overhaul weak institutions have been largely diluted by nepotism and lopsided political prejudice, and as a result, has failed to produce any tangible outcome to count towards poverty reduction.
Sadly, after 4years of expectations, Nigerians are back to the choice of the same narrow mission that has proven to have little or no significant impact on the advancement of the common man in Nigeria. Generally, the efforts of Buhari’s 2015 -2019 regime simply lacked the prerequisite qualities needed to improve the welfare of Nigerians: an unsatisfactory outcome.
As Nigeria heads towards the general elections on February 16th 2019, where Nigerians would be faced with a binary choice, between the incumbent President Muhammadu Buhari and Atiku Abubakar, a Former Vice President of Nigeria, considered to be an advocate of Capitalism, I close by borrowing a famous quote from Shakespeare.
“There is a tide in the affairs of men, Which taken at the flood, leads on to fortune. Omitted, all the voyage of their life is bound in shallows and in miseries. On such a full sea are we now afloat. And we must take the current when it serves, or lose our ventures.”
– William Shakespeare.
Should Nigeria embrace Capitalism? Like Dubai, is what’s good for the merchants also good for Nigeria?
NCAA sanctions four airlines
The Nigerian Civil Aviation Authority (NCAA) has sanctioned four erring operators for violations. Its spokesman, Sam Adurogboye, who stated this yesterday, did not identify the operators. But, he said they are scheduled and non-scheduled operators.
Adurogboye said infractions by the airlines were discovered during on the spot inspections carried out by NCAA Aviation Safety Inspectors (ASI).
NCAA inspectors, the NCAA spokesman said, found out a number of deficiencies on the airlines, including non-implementation of training programmes of maintenance personnel as required, irregularities concerning helicopter flight identification, deliberate violation of regulations, performing maintenance programme without necessary approval and using outdated manual.
These, he said, were found to be in violation of the civil aviation regulations.
Consequently, the various operators were sanctioned with fines ranging from N1.5 million to N2 million.
One of the operators involved in a deliberate violation of the regulations had its Air Operator Certificate (AOC) suspended for 180 days.
However, he said the authority has ensured that the affected personnel in question in the employment of one of the airlines are trained accordingly.
Adurogboye reassured stakeholders that NCAA would keep ensuring that Standard Operating Procedures [SOPs] are strictly followed.
But, aviation unions – Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) and National Union of Air Transport Employees (NUATE) – have vowed to declare a state of emergency in NCAA from tomorrow, if their demands for staff promotion are not met.
The unions stated this at the weekend in Lagos, claiming that the NCAA management has taken them for granted on issues of promotions for the agency’s workers.
Chairman, NCAA Joint Action Committee and NUATE Chairman, NCAA branch Lucky Izebhokun said the agency’s management would be looking for trouble if they do not promote the workers.
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