The low value of the naira has increased the cost of overseas aircraft maintenance to over N50 billion annually, Nigerian airline operators have said. They noted that the cost would have been higher if many of the airlines did not shut down their operations in the last five years. There are relatively fewer operating aircraft […]
AJW Group, a market leader in the global management of aircraft spares, has signed an agreement with Aero Contractors, the Nigerian-based airline, to assist it in the restructuring and upgrading of its Maintenance, Repair and Overhaul (MRO) support services. Aero Contractors, which has been carrying out A and B check on own aircraft and others, […]
The desire of airline operators to have Maintenance, Repair and Overhaul (MRO) facilityin Nigeria, is gradually becoming a reality. In the next six weeks, Nigeria’s oldest airline, Aero Contractors would start C-check maintenance of Boeing classics, Boeing B737-300, B737-400 and B737-500 in addition to Bombardier Dash 400 and helicopters. The airline has sent the necessary […]
The controversy rocking Nigeria’s major carrier, Arik Air may soon be over as the shareholders are now deeply in discussion with a major investor, who would take over significant shares from the company and provide the funds to offset the debts of the airline owed to Asset Management Corporation of Nigeria (AMCON) and other creditors. […]
Lack of indigenous expertise, offshore training and aircraft maintenance, experts say, are the major reasons the airline business doesn’t thrive in Nigeria. During the International Air Transport Association (IATA) conference held in Abuja last year, it was established by industry experts that the reason why airfares are costly in Africa is because most governments in […]