The Minister of Aviation and Aerospace Development, Festus Keyamo has projected that Nigeria will generate over $2 billion annually if it is able to establish major Maintenance, Repair and Overhaul (MRO) facility. Doing so, he stated, will also save Nigerian airlines about the same amount of money that are repatriated annually to pay for aircraft […]
Aviation insurance experts have said that the sub-sector produced the highest value and high-profile claims across the global corporate insurance business line in the past five years, precisely between 2019 and 2024. The aviation insurance experts’ analysis of more than 32,000 industry claims from 2019 – 2024 with a total value of $15billion (€14billion), showed that collision or […]
Stakeholders have called for the improvement of the aviation industry through the initiation of implementable and efficient polices. This was contained in the communique issued at the 28th Annual Conference of the League of Airport and Aviation Correspondents (LAAC) held in Lagos recently. Stakeholders who spoke at the conference emphasised the need for support towards a […]
The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, has directed the Aviacargo Roadmap Committee to fast-track its implementation finds to enable the agency develop its new cargo freighting programme. Kuku gave the directive at the weekend in a meeting in Lagos, urging the Committee to give her a quicker schedule […]
Controversy has trailed the claim by the Nigerian Civil Aviation Authority (NCAA) that it did not suspend the operations of Arik Air. The NCAA had issued a statement through its Director, Public Affairs and Consumer Protection, Michael Achimugu, explaining that it did not suspend the airline’s operations but only grounded the aircraft in its fleet […]
