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 […]
The coronavirus pandemic has had a deleterious effect on the finances of businesses, households and governments. This is because beyond the pandemic, which paralysed businesses and social activities, so much money is being spent by individuals and organisations to prevent the spread of the virus. One of the most affected sectors is the aviation industry, […]
