Aviation

FAAN Poised to Generate N70 Billion Revenue Annually

Chinedu Eze   If all loopholes are closed and revenue systems automated, the Federal Airports Authority of Nigeria (FAAN) can increase its annual revenues from the present N45 billion to about N70 billion, THISDAY checks have revealed.   With the huge revenue generation, the agency, according to sources, can effectively and efficiently carry out major […]

Maintenance

AVIATION ANALYSIS: Impact of Frequency Allotment to Foreign Airlines

The federal government’s decision to allocate more frequencies to foreign airlines without commensurate participation of local carriers, will lead to capital flight, writes Chinedu Eze     Report making the rounds last week was that South African Airways (SAA) has started operating from Abuja, Nigeria’s Federal Capital Territory. Abuja is the second city after Lagos the […]

Aviation

Two Arik Aircraft on Wing Collision at MMA

Chinedu Eze   Three months after two First Nation Airways collided at the domestic terminal of the Murtala Muhammed domestic airport, Lagos, Arik Air recorded similar incident yesterday when two of its aircraft, Boeing 737-800NG got involved in a wing-tip brush at the General Aviation Terminal (GAT) of the same airport.   According to statement […]

Aviation

Penninck: Airport Business Should be Profitable

Chief Executive Officer of Bi-Courtney Aviation Services Limited, Christophe Penninck, in this interview with Chinedu Eze, canvassed for airport concession and privatisation so that government could channel resources to other social amenities. He also reasoned that airport business is supposed to be profitable. Excerpts: The team from the International Civil Aviation Organisation (ICAO) is presently […]