Nigerian airlines may find it difficult to lease aircraft from leasing companies (lessors) due to the failure of some Nigerian carriers to return the aircraft when they fail to abide by the terms of agreement, as enshrined in the Cape Town Convention, which Nigeria is signatory to. The consequence is that some Nigerian airlines would have […]
Medview Airline has frowned at what it described as inaccurate reports about its operations by some online media and expressed alarm at the level of distortion of facts about the airline. In a statement by the Chief Operating Officer, Michael Ajigbotosho, the airline said the four aircraft in its fleet are wholly owned by Medview […]
Last week, the Minister of State, Aviation, Senator Hadi Sirika held the fourth stakeholders forum in Abuja where he x-rayed the industry and reinforced government’s plan to revamp the sector. The discussions at the meeting centered around the unveiling of Transaction Advisers for the planned national carrier, the concession of major airports, the establishment of […]
African Aircraft Leasing Company (AALC) has announced plans to invest about $20 billion to establish aircraft leasing facility in Nigeria to enable indigenous airlines lease aircraft at cheaper rate and without the present cumbersome processes. The facility would also include Maintenance, Repair and Overhaul (MRO) centre and spares logistics and supply as well as aggregated […]
