Airlines

Ibom Air, Zenith Bank, Airbus Seal Partnership on Aircraft Financing

Zenith Bank Plc, Ibom Air and Airbus have celebrated the successful closure of the commercial financing for Ibom Air’s first A220 delivered in November 2023. The airline said this historic collaboration also represents the bank’s commitment for aircraft financing. The agreement between Ibom Air and Zenith Bank, which was initiated by Airbus, is part of a broader shift […]

As Investors Eye AMCON-managed Airlines…

Last week, there were reports that investors were interested in investing in the airlines which the Assets Management Corporation of Nigeria (AMCON) took over, particularly Nigeria’s biggest carrier, Arik Air. Writer examines the issues leading to the takeover of the airline by AMCON and the implications of its possible sale Minister of Finance, Mrs. Kemi Adeosun, […]