By Editor Aero Contractors, Nigeria’s oldest airline in Nigeria but currently under the receivership of the Federal Government’s Asset Management Corporation of Nigeria (AMCON) we gathered is presently scaling up regulatory compliance, which would enable the airline to recommence flights operations by the end of September 2022. The airline on Wednesday, July 20, 2022, announced the temporary suspension of operations. Aero Contractors said the suspension became necessary over the maintenance of its aircrafts. It noted that the maintenance of the aircrafts led to the company’s inability to offer “a seamless…
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Nigeria Will Sanction Airlines Selling Tickets To Nigerians In Dollars – Minister
Nigeria’s Minister of Aviation, Hadi Sirika, yesterday, vowed it would sanction foreign airlines selling tickets to Nigerians in dollars. He said such practice violates the country’s laws. Sirika, disclosed this while fielding questions from reporters after the Federal Executive Council (FEC) meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja. He said Nigerian Civil Aviation Authority (NCAA) officials have already been directed to protect the interest of Nigerians, adding that no violator will be spared. The minister said reports reveal some of the airlines were refusing naira and…
Read MoreOgun Cargo Airport To Feature At Chinet Aviacargo Conference 2022
The Ogun Cargo Airport, which is adjudged as the fastest built cargo airport in Nigeria will participate at Chinet Aviacargo Conference where it will unveil the opportunities available to stakeholders. Recall that at Chinet 2021 the Commissioner of Finance for Ogun State, Mr. Dapo Okubadejo had promoted the airport as a great option for investors and the return to Chinet will be a great testimonial for Ogun State. He promised that the airport will be built before the end of 2022. The promise has been fulfilled and the state returns…
Read MoreNigeria’s Aviation Challenge: Delta Suspends JFK To Lagos Flights
The challenges of the aviation sector bedevilling Nigeria is not about to end anytime soon as Delta Air Lines has suspended its flights between New York-JFK and Lagos effective October 4, 2022. Only recently, Emirates also suspended its flight operations to Nigeria. Delta Air Lines made the disclosure in a statement it issued this morning that the route suspension was to fit into “the current demand environment.” The statement, however, stressed that the airline was still operating its Lagos and Atlanta routes. The statement said, “Delta is suspending its non-stop…
Read MoreTrapped Funds: Follow Nigeria’s Example, IATA Tells Ethiopia, Algeria, Others, Lauds FG
Mr Kamil Al-Awadhi of IATA By Wole Shadare The International Air Transport Association (IATA), the clearing house for over 200 international airlines said it would continue to engage the Nigerian government with a view to expediting the release of the remaining amount so that airlines can afford to serve Nigeria and other African countries where their funds are trapped. Nigeria is among countries in Africa that are keeping airlines’ funds. Other countries keeping airlines’ funds are Zimbabwe ($100 million), Algeria ($96 million), Eritrea ($79 million), and Ethiopia ($75 million). The…
Read MoreEmirates Airlines Suspends All Flights To Nigerian From September 1 Over Trapped $85m
Following its trapped $85million in Nigeria, Emirates Airlines has said it would suspend all flights to and from Nigeria from September 1, 2022, as part of moves to enable the management of the airline to repatriate its huge funds, trapped in Nigeria The $85 million Emirates fund is part of the over $450 million airlines’ funds still withheld by the country. Other countries in Africa that hold on to the huge amounts of airlines’ revenues include Zimbabwe – $100 million; Algeria – $96 million; Eritrea – $79 million and Ethiopia,…
Read MoreAero Contractors Takes Delivery Of Dash Q-400 Aircraft, May Restart Service Soon
Aero Contractors yesterday said it has taken delivery of the first set of two Dash-8 (Q-400) aircraft at the Nnamdi Azikwe International Airport, Abuja. The airline, which is one of the oldest airline in Nigeria is under a receivership appointed by Asset Management Corporation of Nigeria (AMCON). The Nigerian registered aircraft owned by UMZA Air will be operated by Aero Contractors under a joint venture agreement between both parties. The Dash 8 aircraft is one of the most fuel efficient and modern aircraft in the market and has a capacity…
Read MoreBonny Light Energy And Offshore Limited Supplies 20,000 MT Of Diesel To Market In Nigeria
By Ken Okeke In its efforts to ameliorate the fuel supply disruptions to the aviation industry, Nigeria’s emerging indigenous oil and gas major, Bonny Light Energy and Offshore Limited, has committed to the supply of 60,000,00 litres of Aviation Turbine Kerosene (ATK) in the next six months. This projected supply aligns with the pressing need for an increased supply of the much-needed fuel to sustain flight operations for millions of travellers in the country. Speaking on this commitment, Mr. Toyin Banjo, Chief Executive Officer, Bonny Light Energy and Offshore Limited,…
Read MoreMKO International Airport: Osun, NAF Partner To Build Africa’s First, Largest Aviation City
As part of his administration’s relentless efforts to rekindle the collective hopes of the citizens, Osun government has partnered the Nigerian Air Force to build Africa’s first and largest aviation city in Ido-Osun. The initiative, according to the government has birthed the untiring efforts to ensure it keeps the dream of having an airport in Osun alive. This is even as Osun Governor, Adegboyega Oyetola, on Wednesday, handed over the runway and airport corridor for the commencement of the construction phase of the project. The Chief of Air Staff, Air…
Read MoreAero Contractors Never Diverted $3million Dollars
Contrary to the news published by Daily Independent Newspaper on Monday July 25, 2022, Aero Contractors, and the Asset Management Corporation of Nigeria (AMCON), is totally unaware of the diversion of any $3million belonging to both or either organisation meant for the acquisition of a Bombardier aircraft for Aero Contractors Limited, talk less of a refund by Bombardier, a reputable aircraft manufacturer still in existence. In the said Daily Independent publication, one Femi Adeniji who claimed to be an Engineer and CEO of NIGAME Aircraft Consultancy Incorporation in faraway Florida,…
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