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Aviation Media
June 15, 2022
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Managing Director of the Federal Airports Authority of Nigeria (FAAN), Capt. Rabiu Yadudu Nigeria has disclosed that Nigeria lost $2.5 billion (about N1.25 trillion) on Maintenance Repair Overhaul (MRO) investments to neighbouring countries in 2021 due to lack of functional facility in the country. Nigerian airlines ferry their aircraft for maintenance to countries like Ethiopia, […]

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At Twilight of His Administration, Buhari Moves to Complete Developmental Projects in Aviation Sector

Aviation Media
March 25, 2022
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There are indications that the Muhammadu Buhari administration is determined to bring to completion the projects he set out to execute in the aviation industry, which include the establishment of national carrier, the establishment of aircraft maintenance repair and overhaul (MRO) facility, aircraft leasing company, aerospace university and construction of second runway at the Nnamdi […]

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New Trajectory for Nigerian Airlines

Aviation Media
June 26, 2021
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Nigerian airlines are beginning to choose aircraft types that are appropriate to their routes in addition to acquiring new equipment. Industry experts say this would make their operations more profitable. Some years ago industry analysts used to excoriate Nigerian airlines at every aviation fora because of their poor choice of aircraft for the routes they […]

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Caverton Posts N728m Profit

Aviation Media
May 8, 2021
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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 […]

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United Nigeria to Build MRO in Enugu

Aviation Media
April 17, 2021
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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 […]