Three factors have continued to stand out among many other factors that impede the success of airline operations in Nigeria, which include aircraft leasing, high insurance premium and fluctuating price of aviation fuel. In order to eliminate the challenges, there must be collaboration between the airlines and the federal government Over the years Nigerian airlines […]
Cross River state owned Cally Air, may become the first source of conflict between the outgoing governor, Prof. Ben Ayade and the in-coming governor, Bassey Ottu, as the later stood in the way of the plan to concession the airline to a private company. Cally Air was wholly owned by the Cross River state government […]
In order to meet the expected surge in air passengers’ demand, Nigerian airlines are beginning to acquire more aircraft through leasing, which is a global successful venture for airlines, even though such venture could be costly in Nigeria. About five months ago, aviation industry insiders were wondering how the airlines would cope with high passenger […]
The Ministry of Aviation recently notified the industry that the federal government’s plan to establish aircraft leasing company is still in progress. The Minister of Aviation, Senator Hadi Sirika recently announced that the federal government has progressed in its plan to establish aircraft leasing company and make it easier for Nigerian carriers and others in […]
The federal government has said it expects to raise about $250 million from the private sector to float it proposed national carrier, which is now at the stage of procurement phase. This was disclosed by the Ministry of Aviation in a publication titled, ‘Status of the Road Map/PPP Projects’ and made available to THISDAY. The […]
