The Nigeria Civil Aviation Authority (NCAA), has extended the Air Operating Certificate (AOC) of NG Eagle by six months, but the airline has not operated for one day. NG Eagle is an airline set up by Asset Management Corporation of Nigeria (AMCON), which was later sold to an investor, Abdul Ahmad’s company The AOC showed […]
The Asset Management Corporation of Nigeria (AMCON) has said that in order to recover its huge debts from Arik Air, it injected over N375 billion in the airline and established another carrier, NG Eagle, which in the future would run along with Arik Air. AMCON stated that it sustained Arik Air operations since it took […]
Aviation industry experts have called for the review of Bilateral Air Service Agreement (BASA), signed between Nigeria and other countries, which many of them believe is lopsided against Nigeria. They said the coronavirus lockdown period was a good opportunity to review the BASA, which they argued some countries had been benefiting from over the years […]
The Chief Executive Officer, Belujane Konsultant and industry stakeholder, Chris Aligbe, in this interview, says even when flight operations resume post COVID-19, it will take about a year for the aviation industry to record high load factor. Chinedu Eze brings the excerpts: Don’t you think it is high time government took a decision on Arik […]
Despite the losses domestic airlines incurred during the cancellation of flights on February 16, when the Presidential and National Elections were to hold before the postponement, Nigerian operators may have recovered the losses as the elections have spurred huge increase in passenger movement during otherwise low season after Christmas. THISDAY investigations revealed that there is […]
