Nigerian airlines may find it difficult to lease aircraft from leasing companies (lessors) due to the failure of some Nigerian carriers to return the aircraft when they fail to abide by the terms of agreement, as enshrined in the Cape Town Convention, which Nigeria is signatory to. The consequence is that some Nigerian airlines would have […]
The Chairman of Arik Air, Joseph Arumemi-Ikhide spoke on the challenges that hampered the operations of local airlines in 2016. Excerpts: Arik Air must have lost huge revenue when the unions stopped your operations for one day? We had held talks with labour and we seem to be agreeing on certain issues they […]
Last week Medview Airline started flights on the West coast routes, from Accra via Monrovia to Freetown. During its inaugural flight, the airline’s CEO, AlhajiMuneer Bankole spoke on the need for the federal government to support domestic airlines because they project the image of the country. What is the cost implication of this route development? The advantage of flying this route is that the entire countries after Nigeria do […]
Lloyd’s of London, the world’s leading insurance market, has issued a warning to Nigerian airline operators that it might be forced to blacklist the country in the face of continued failure of some operators to fulfill their obligations of paying their premiums to the insurer regularly. Nigerian airlines have been finding it increasingly difficult to […]
