Caverton Offshore Support Group Plc has announced its unaudited results for the period ended March 31, 2021. The company stated that the results showed a profit before tax of N728 million and a profit after tax of N520 million. It also recorded revenue of N8.2 billion in the period under review, higher than the N7.9 […]
New Nigerian Carrier, the United Nigeria Airlines has completed plan to build Maintenance, Repair and Overhaul (MRO) facility in Enugu. The aim is to slash the cost of maintenance by about 40 per cent. This was disclosed by the Chairman and Chief Executive Officer of the company, Obiora Okonkwo, when he led the management team […]
Events since July 2020, when domestic carriers resumed flight operations after the coronavirus-induced lockdown have reinforced the call for urgent establishment of major Maintenance, Repair and Overhaul (MRO) facility in Nigeria. THISDAY investigations disclosed that a major problem the domestic airlines faced was the non-availability of their operational equipment. The aircraft they put on storage […]
Despite the devastation of coronavirus pandemic to air travel globally, it has been predicted that Africa would record high growth post COVID-19. This prediction was made by the Vice-President of Embraer, Marketing Strategy, Mr. Rodrigo Silva e Souza, who described Africa as an emerging market that would record very high growth in aviation in the […]
*Warri Airport to Open in 2 Weeks The Delta State government on Tuesday signed agreement to concession the Asaba International Airport to FIDC-Menzies Consortium on Public-Private Partnership for 30 years, just as it announced that the Osubi airport, Warri would reopen in the next two weeks. The state government said the objective of the concession […]
