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Experts Identify Factors Militating against Affordable Financing for Nigerian Airlines

Aviation Media
August 26, 2025
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Aviation expert have identified factors responsible for the unwillingness of banks and other financial institutions to advance credit facility to airlines in Nigeria. In their reaction to a conference held on the subject in Lagos, they stressed the need for urgent reforms to transform the industry. Speaking, former Rector of Nigerian College of Aviation Technology (NCAT), […]

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Experts Explain Why Nigerian Airlines Don’t Benefit from International Aircraft Financing

Aviation Media
September 16, 2023
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Aviation experts have identified fluctuating value of the naira as one of the factors that discourage international financiers and other credit institutions from funding aircraft acquisition for Nigerian airlines. They have also identified the failure of Nigerian airlines to allow lessors repossess their aircraft at the breach of leasing contract or purchasing agreement as a […]