*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 […]
Aviation industry stakeholders have identified scarcity of foreign exchange, lack of maintenance facility and wrong aircraft usage as factors responsible for abandonment of aircraft by Nigerian airlines. The stakeholders spoke in response to claim by the Minister of Aviation, Senator Hadi Sirika, recently, that Nigeria tops 10 countries with unserviceable aircraft. The minister quoted CH […]
AJ Walters has emerged as preferred bidder for the establishment of aviation leasing company and Maintenance, Repair and Overhaul (MRO) centre in Nigeria. The announcement was made by the Federal Ministry of Aviation, which explained that the Consortium of A J Walters Leasing Limited and Glovesly Pro-Project Limited emerged as the preferred bidders to establish […]
There are strong indications that stakeholders are considering a merger between Arik Air and Aero Contractors, two airlines under the management of Asset Management Corporation of Nigeria (AMCON). This, THISDAY learnt, would be in response to the difficult times facing airlines, especially with the disruption caused by the Covid-19. The CEO of Aero Contractors, Captain […]
The Minister of Aviation, Senator Hadi Sirika has identified poor business plan, high cost of maintenance, choice of operational equipment, high interest on loans and poor corporate governance as some factors responsible for the failure of Nigerian airlines. Nigerian airlines have average of 10 years lifespan and many of them have gone under in the […]
