*Country Risk Discourages Lessors to Lease Aircraft to Nigerian Airlines Airline Operators of Nigeria have declared that they are facing existential threat because of the challenges they face, ranging from scarcity of foreign exchange, high price of aviation fuel and the difficulty in acquiring aircraft due to country risk. The operators also pointed out that […]
The federal government has renewed the suspension of commercial flights from Niger Republic to Nigeria and from Nigeria to the nation’s northern neighbouring country. This was part of the Economic Community of West African States (ECOWAS) resolutions against Niger Republic, which on July 26, 2023 ousted its duly elected President, Mohamed Bazoum in a coup […]
Zenith Bank Plc, Ibom Air and Airbus have celebrated the successful closure of the commercial financing for Ibom Air’s first A220 delivered in November 2023. The airline said this historic collaboration also represents the bank’s commitment for aircraft financing. The agreement between Ibom Air and Zenith Bank, which was initiated by Airbus, is part of a broader shift […]
South African Airways (SAA) is celebrating 90 Years of resilience and excellence having been established on February 1, 1934, thus making one of the oldest and surviving airlines in Africa. As the celebrations are being marked globally at the airline’s various destinations on its network, the Lagos office in Nigeria kicked off the day’s celebrations with a Movie […]
The Board of the Skyway Aviation Handling Company (SAHCO) Plc, has confirmed the appointment of Adenike Aboderin as Managing Director/Chief Executive Officer with effect from the February 1, 2024. Mrs. Adenike Aboderin who is taking over from Basil Agboarumi due to the completion of his tenure is a seasoned finance professional with many years of […]
