Travellers, operators and travel agencies have confirmed that there is a significant reduction in domestic air travel fares attributing the development to increase in the number of aircraft in service and more airlines joining the market. Travel logistics managers for corporate organiations, airline operators and travel agencies acknowledged the reduction of fares, which demonstrates an […]
By Justin Foster Boeing is one of the two largest commercial aircraft manufacturers in the world. The Renton, Washington-based business segment falls under The Boeing Company, a global aerospace giant. Even so, the commercial aviation business segment, called Boeing Commercial Airplanes, employs nearly 50,000 employees around the world. This includes the locations of its […]
Stakeholders who are experts in aviation industry have explained how domestic airline operators could save so much money from dry leasing. According to them, if Nigerian carriers migrate from wet leasing of aircraft to dry leasing, it will save them about N26. 6 billion ($17,853,48000) annually. They are optimistic that domestic airlines will soon begin […]
Nigeria will continue to experience high cost of flight ticket for a long time due to inadequate supply of aircraft, coupled with increasing growth of air travellers, the Managing Director and CEO of Aero Contractors, Captain Ado Sanusi has said. In an exclusive interview with THISDAY, Sanusi said shrinking fleet among Nigerian operators was a […]
The Managing Director/CEO of Aero Contractors Limited, Captain Ado Sanusi, has exposed the benefits and challenges of dry leasing of aircraft, a long-term lease of aircraft whereby the airline (the lessee) takes charge of the maintenance, insurance, crew management and operation of the aircraft. But the alternative, which is wet lease, the lessor is […]
