Building airport is capital intensive and maintaining it is challenging because its regulation follows international standards and so far, many airports in Nigeria cannot generate enough revenues to sustain their operations. Chinedu Eze writes that novel strategies must be adopted to make airports profitable to justify the huge investments on their establishment. Many state governments that built […]
If the signals that started Friday last week are anything to go by, it means that a jinx is about to be broken in the aviation industry. That jinx is the hitherto cat-mouse relationship between the Federal Airports Authority of Nigeria (FAAN) and Bi-Courtney Aviation Services Limited (BASL). Last weekend FAAN’s Managing Director, Captain Rabiu […]
The Delta State Government recently signed concession agreement and handed over the Asaba International Airport to a private investor for management. This may be the key to sustaining the airport and other aerodromes owned by state governments. The decision to hand over the Asaba International Airport to private investors by the Delta state government last […]
The Group Managing Director, Finchglow Group, a travel and aviation development company, Mr. Bankole Bernard, in this interview says concession of the airports will attract international funding to upgrade, modernise the facilities as well as remove political interference in the management process. What is your view about concession of airports? Simply explained, an airport concession […]
While members of the labour unions have vowed to abort federal government’s plane to concession major airports in the country, industry stakeholders insist concession is the key to airport development. Over the years attempts have been made to bring in private investors to inject money in airport development, but labour unions in the industry have […]
