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 […]
Last week, the Minister of State, Aviation, Senator Hadi Sirika held the fourth stakeholders forum in Abuja where he x-rayed the industry and reinforced government’s plan to revamp the sector. The discussions at the meeting centered around the unveiling of Transaction Advisers for the planned national carrier, the concession of major airports, the establishment of […]
The Chairman of Niger Delta Development Commission (NDDC) Senator Victor Ndoma-Egba has described the liquidation of the defunct Nigeria Airways Limited (NAL) as the most regrettable decision taken by the federal government. Ndoma-Egba said that by the time the airline was liquidated the assets it had all over the world were 60 per cent more […]
Chairman and Chief Executive Officer of Air Peace, Mr. Allen Onyema, reasons that Nigeria has maintained A good safety record in aviation due to the efficiency of the regulatory authorities. Last year Nigeria had a very good record in terms of safety and this year everything seems to be going that way too. So how […]
