It was indescribable excitement when some of the former staff of the defunct national airline, Nigeria Airways Limited (NAL) began to receive payment alerts, barely few days after the completion of their verification and data processes. This was confirmed by the President, Aviation Union Grand Alliance (AUGA), Lookman Animashaun who commended President Muhammadu Buhari for […]
Aviation experts have identified reasons why it would be very difficult for Nigerian airlines to successfully operate international routes, which typically is a major foreign exchange earner and reduces capital flight by foreign airlines, put at $1.4 billion in 2017. Since the demise of the national carrier, Nigeria Airways Limited (NAL), it has been very […]
Following reports that the Islamic State of Iraq and Syria (ISIS) has threatened to bomb flights at different parts of the world, the writer says that Nigeria must reinforce its security apparatus to forestall possible attacks at any of the nation’s airports Aviation experts have posited that terrorists prefer attacking airports and airplanes because it […]
Despite the uncertainties surrounding Nigeria’s plan to establish a national carrier by December this year, Middle East carrier, Qatar Airways has been engaged to be the core investor and Airbus to be the provider of aircraft that would feed the leasing company, which would provide aircraft with fleet. Although the Transaction Adviser, which was established […]
African Development Bank (AfDB) and African Export, Import Bank (Afreximbank) have agreed to raise capital base of about $20 billion for the actualisation of federal government’s plan to establish aircraft leasing company and Maintenance, Repair and Overhaul (MRO) facility. This is in line with the two financial institutions’ objective to support aviation development in Africa […]
