The coronavirus pandemic has had a deleterious effect on the finances of businesses, households and governments. This is because beyond the pandemic, which paralysed businesses and social activities, so much money is being spent by individuals and organisations to prevent the spread of the virus. One of the most affected sectors is the aviation industry, […]
Expenditure by airlines for maintenance, training of personnel and funds repatriated by foreign airlines yearly has been put at $3.5 billion, THISDAY’s investigation has revealed. The expenditure also included cost of reinsurance with international companies and purchase of aircraft spare parts. The figures were compiled from data made available by the International Air Transport Association […]
Aviation experts have called the attention of the federal government and warned that Nigerian airlines would continue to have short lifespan of average 10 years, unless comprehensive maintenance, overhaul and repair facility (MRO) is built in the country. The experts posited that the cost of major aircraft maintenance, which is largely done overseas, was responsible […]
Nigeria Civil Aviation Authority (NCAA) has issued an Approved Maintenance Organization (AMO) Certificate on Non Destructive Testing (NDT) to indigenous Company, DAV-AAKY Nigeria Limited based in Lagos to carry out NDT inspection to ensure aircraft airworthiness and serviceability. The company is now approved to inspect and carry out Non Destructive Testing on aircraft and aircraft […]
The Chief Executive Officer of Nigeria’s major carrier, Mediew Airline, Alhaji Muneer Bankole has warned that if the value of the naira crashes further it would force airlines out of business and eventually kill the industry. Bankole said that the devalue of the local currency few years ago, when it spiraled down to almost […]
