Director General Nigeria Civil Aviation Authority (NCAA), Captain Chris Najomo, captured the decades-long operational and aeropolitical imbalance that shaped Nigeria’s struggle on the competitive London route. Najomo who spoke at the conference organised by Sapto Communication Limited with the theme: International Aeropolitics: ‘The Survival of Nigeria’s Carriers on the London Route’, said the reality was […]
Inadequate aircraft to meet the needs of aviation industry, among other challenges, has been identified by industry stakeholders as a critical factor behind the inability of Nigerian carriers to grow and compete globally. Last week top officials of major finance institutions, aircraft operators and managers met to deliberate on key issues affecting air travel in […]
The Managing Director/CEO of Aero Contractors Limited, Captain Ado Sanusi, has exposed the benefits and challenges of dry leasing of aircraft, a long-term lease of aircraft whereby the airline (the lessee) takes charge of the maintenance, insurance, crew management and operation of the aircraft. But the alternative, which is wet lease, the lessor is […]
The Nigeria Civil Aviation Authority (NCAA) has said that Nigerian airlines are facing precarious economic situation and could all be shut down if the regulatory authority abides strictly by the result of the financial audit carried out on the operators. This was disclosed by the acting Director-General, Captain Chris Najomo, who said the domestic airlines are […]
Airline operators have disclosed that Nigerian Customs Service (NCS) generates over $1 billion (N1.6 trillion) annually from levies and taxes imposed on importation of aircraft and aircraft spares, despite the zero waiver given to the airlines, as contained in the Finance Act of 2020. Airlines that made the disclosure, said they paid 1.5 per cent, […]
