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 […]
*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 […]
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, […]
Ethiopian Cargo & Logistics Services, Africa’s largest network cargo operator and multiaward winner, has won the ‘International Air Cargo Marketer of the Year’ Award at the 2020 STAT International Award for Excellence in Air Cargo which was held from 25-27 February, 2020 in Mumbai, India. Ethiopian Cargo & Logistics Services won the award for its […]
Expenditure by airlines for maintenance, training of personnel and funds repatriated by foreign airlines yearly has been put at $3.5 billion, THISDAY’s investigation has revealed. The expenditure also included cost of reinsurance with international companies and purchase of aircraft spare parts. The figures were compiled from data made available by the International Air Transport Association […]
