Aviation

Despite Agitations, FG Moves to Complete Second Abuja Runway at Whooping N92.12bn

After many years of controversies and agitations over cost and inadequate ramp space, the federal government has announced that it would complete the N92.12 billion second runway, at the Nnamdi Azikiwe International Airport, Abuja by May 29. Airline operators have however argued that the major challenge dogging the airport was ramp space for aircraft parking. […]

Aviation

How Nigerian Airlines Spend N300bn Annually for Double Insurance on Aircraft

In a bid to meet the National Insurance Commission (NAICOM) regulation, Nigerian airlines insure their aircraft locally and also insure the same aircraft with international insurance companies like Lloyd to meet the criteria of aircraft manufacturers and lessors, amounting to double insurance, THISDAY can report. The payment on double premium has been projected by industry […]

Aviation

Need to Review Aircraft Size for Profitability

Economic realities, coupled with advanced technology in airspace management are redefining possibilities in domestic flight operations in Nigeria, a development that calls for a review of the choice and size of aircraft put into service, for profitability. Many years ago Nigerian airlines seemed to have fallen in love with Boeing B737, after they retired the […]

Aviation

United Nigeria Identifies Challenges, Prospects as Domestic Operator

What has become traditional in Nigeria’s air transport industry is the optimism, which airlines have when they go into operations, but in few weeks after their inaugural flight, they are always awakened to the reality of operating schedule flights in Nigeria. From policies to fuel cost, airport facilities, to charges and aircraft maintenance; the airline […]