Aero aircraft Aviation

Arik, Aero May Merge for Business Survival

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 […]

Sirika Aviation

Aviation Minister Explains Why Nigerian Airlines Fail

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 […]

Sirika Aviation

Minister Commends Caverton’s MRO, Flight Simulator Facility

*To Save Forex on Overseas Training, Maintenance by Nigerian Airlines Minister of Aviation, Senator Hadi Sirika has commended the management of Caverton Helicopters on its newly build Maintenance, Repair and   Overhaul (MRO) facility and Flight Simulator for the training of pilots. Sirika who toured the facility located at the airside of the Murtala Muhammed International […]

Aviation

Between Financial Intuitions and Airlines’ Success

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, […]