NG Eagle: AMCON Planning Strategic Exit From Aviation Sector

Information reaching us from the head office of the Asset Management Corporation of Nigeria (AMCON) in Abuja has it that the Corporation has concluded plans to float a Holding Company (HoldCo) structure, which will enable it warehouse, effectively manage and sell off all its aviation assets. Managing Director/Chief Executive Officer of AMCON Mr Ahmed Lawan Kuru has been harping on the need for a more strategic exit from the sector, which is heavily challenged especially since the dawn of the dreaded coronavirus (COVID-19) pandemic that crippled aviation businesses the world…

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Ethiopian Airlines Celebrates 75 Years Of Operations

On April 8, Ethiopian Airline Group, the largest Pan-African aviation group, celebrated its 75th anniversary. The airline made its maiden international flight on April 8, 1946 to Cairo, Egypt. Since then, the Airline has overcome the ups and downs of the aviation industry and the challenges unique to Africa to become Africa’s largest, most profitable and award-winning Aviation Group. Ethiopian kicks off a yearlong celebration under the theme “Celebrating 75 Years of Excellence”. Ethiopian Airlines Group CEO Mr. Tewolde GebreMariam said, “As we celebrate 75 years of excellence, we take…

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Security Measures Put In Place Over Planned Terror Attacks On Nigerian Airports

Following the planned terror attacks on major Nigerian airports, the authorities have announced that security around the nation’s airports will be heavier. The ministry of aviation in the country received alert over planned attacks on airports across the country including Kaduna, Maiduguri, Sokoto, Kano, Abuja, and Lagos. A memo dated April 9, 2021 signed by Federal Airports Authority of Nigeria (FAAN) deputy general manager of administration and logistics, S.M. Mamman and addressed to airport chiefs of security hinted that criminal elements were already planning attacks at the airports and that…

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Debt Recovery: AMCON Will Not Abandon Its Aviation Assets Over Media Attacks By Obligors

By Jude Nwauzor Recently some individuals have made themselves available tools to assist desperate debtors of Asset Management of Nigeria (AMCON) who are trying to change the narrative of how their businesses ended up in the books of AMCON. These distorted narrations are increasingly paying more attention to the intervention of AMCON in the aviation sector. This plethora of new attacks started since AMCON approached the aviation authorities in the country to indicate interest in establishing a holding company to warehouse all of its aviation portfolio. Following AMCON’s heavy intervention…

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Ibom Air Planning Extension Of Flight Operations To The Gambia – Governor

Governor of Akwa Ibom State, Udom Emmanuel, inset, Ibom Air The Akwa Ibom State Governor Udom Emmanuel has disclosed that Ibom Air, the State-owned airline, will extend its flight operations to the Gambia and other West African countries in no distant time. The governor made the disclosure when the Gambian High Commissioner to Nigeria, Mr Mohamadou Musa Njie, on Monday paid him a courtesy visit at Government House, Uyo. The governor thanked the Gambian High Commissioner and the President of Gambia for indicating interest in bilateral relations with Akwa Ibom…

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Nigeria To Spend Over N10 billion In Airport Management Solutions

The government of Nigeria yesterday approved contract worth over N10 billion for the provision of Airport Management Solutions for five international airports. They include the Murtala Muhammed international Airport (MMIA), Nnamdi Azikiwe International Airport (NAIA), Malam Aminu Kano International Airport (MAKIA), Port Harcourt International Airport (PHIA) and Akanu Ibiam International Airport Enugu (AIIA). Minister of Aviation in Nigeria, Hadi Sirika, said the contract was awarded to Arlington Security Nigeria Limited. According to him the system would facilitate common use of terminal equipment required for sharing airport resources in accordance with…

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Air Peace Deploys Boeing 777 Aircraft On Enugu Route

Working hard to provide sufficient flights to meet the travel needs of Nigerians during this Easter season, the management of Air Peace has deployed one of its wide-body Boeing 777 aircraft to service the Enugu route. This is just as the airline also increased flight frequencies to Owerri and Asaba. Stanley Olisa, the spokesperson for the airline, who disclosed this in a statement, stated that the jumbo, extra-comfy aircraft has been specifically deployed to operate the Lagos-Enugu-Lagos and Abuja-Enugu-Abuja routes. He said customers will have international flight experience on domestic…

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COVID-19: UAE Removes Rapid Antigen Testing For Nigerians

…To Restart Flights Between Both Countries From all indications, plans are ongoing to restore flight services between Nigeria and the United Arab Emirates (UAE) as the UAE Embassy says its government has’ decided’ to remove the requirements for Rapid Antigen test for travelers at airports in Nigeria as part of efforts to end the stalemate with regards flights between both countries. This is just as the country has issued some requirements for the Nigerian government to meet before the move is consolidated. The Presidential Task Force on COVID-19 (PTF) mandates…

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COVID-19: Morocco Suspends Flights From Additional Countries

The crisis rocking the aviation business has continued to spiral as Morocco said on Wednesday that it had suspended all flights to and from Mali, Ghana, the Democratic Republic of the Congo, Guinea, and Libya, to curb the spread of the new coronavirus (COVID-19) variants. The Moroccan National Airport Office (ONDA) disclosed this in a statement posted on its website. It added that the suspension was temporary and would run until April 10. According to the office, the ban also concerns the entry of passengers of these countries arriving through…

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IATA TP Successfully Experimented on First International Flight Of Singapore Airline

After months of finetuning, the International Air Transport Association (IATA) has finally announced the arrival at London’s Heathrow Airport of the first traveler using the IATA Travel Pass (TP) app to manage their travel health credentials. Alexandre de Juniac, IATA’s Director General and Chief Executive Officer (CEO) said, “The successful implementation of IATA Travel Pass in this trial with Singapore Airlines passengers demonstrates that technology can securely, conveniently and efficiently help travelers and governments to manage travel health credentials. The significance of this to re-starting international aviation cannot be overstated.”…

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