The Federal Government has signed the Cape Town Convention (CTC) Practice Directions for the Nigerian airlines. This will expectedly bring down insurance premium and also prompt lessors to bring down payments in wet and dry leasing of aircraft by Nigerian airlines. Currently, Nigeria is designated as high risk country, which gave rise to the blacklist […]
The Managing Director and CEO of Aero Contractors, Captain Ado Sanusi, has said that Nigerian airlines are struggling because of their inability to acquire new fleet due to the country’s ailing economy. Sanusi who made this known on Wednesday said that the lack of stability in Nigeria’s financial system as it relates to foreign exchange, […]
•Explains how aero-politics, intrigues denied Air Peace Heathrow Airport slot •Reveals Emirates may resume flight to Nigeria before June Minister of Aviation and Aerospace Development, Festus Keyamo, has said Nigerian airlines would soon be able to obtain aircraft and increase their fleet as the federal government’s interventions in the sector begin to kick in. Keyamo […]
Nigerian airlines have identified their inability to acquire aircraft as one of the challenging factors eroding their success and profitability. Outright purchase of aircraft is difficult because of the huge funds involved and the banks are not willing to give them long-term loans at single digit interest. The federal government is yet to direct the […]
For Nigerian airlines to survive they must adopt a business module that aligns with their business objective and stick to it in order to ensure their profitability and survival. This was the recommendation of the Managing Director of Flight and Logistics Solutions Limited, Mr. Amos Akpan, who said that the new policy of the Nigeria […]
