The Minister of Aviation and Aerospace Development, Festus Keyamo, has flagged off the construction of the XEJet flight support and engineering centre worth $10 million. The centre, when completed, would serve as an engineering centre, a private terminal for business aviation and a design centre. The Minister said the facility would attract investment within the…
Continental lender, the African Export-Import Bank (Afreximbank), has unveiled plans to provide aircraft financing support to Nigerian carriers as part of measures to improve their capacity. This was announced during a side meeting held with the Afreximbank team at the ongoing Aviation Economic Conference in Dublin, Republic of Ireland. The meeting, facilitated by Boeing’s Senior…
The Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has urged global financiers to invest in the concession of Murtala Muhammed International Airport, Lagos, and Nnamdi Azikiwe International Airport, Abuja. The minister was speaking at the Airline Economics Growth Frontiers Global in Dublin, Ireland. Keyamo emphasised that the Federal Government has implemented streamlined policies…
Boeing International Corporation says it is ready to assist airlines in Nigeria in accessing adequate aircraft insurance coverage through partnership with buoyant lessors and global financiers. Boeing Sales Director, Africa Region Commercial Airlines, Mr Moore Ibekwe, disclosed this in Dublin, Ireland during the start off meeting of the “Boeing Lessor Forum “scheduled to hold from…
The Nigeria Civil Aviation Authority (NCAA) has initiated enforcement actions against five airlines, comprising two international carriers and three domestic operators, for contravening provisions of Part 19 of the NCAA Regulations. The violations include non-payment of refunds within the stipulated timeframe, failure to adhere to NCAA directives, issues with missing and manhandled luggage, short-landed baggage,…
The Nigerian Aviation Handling Company (NAHCO) Plc has unveiled an ambitious plan to achieve total group revenue of N300 billion within the next five years. The projection was announced by the Group Executive Director, International Business & Corporate Services, Dr Sola Obabori, during the company’s ‘Bell Ringing and Facts Behind the Figures’ event held yesterday…
Nigeria Governors’ Forum (NGF) and the Nigerian Meteorological Agency (NiMet) are to strengthen their collaboration in the interest of the country’s economic development. Speaking at a meeting at NGF’s Office in Abuja, the Director-General/Chief Executive Officer of NiMet, Prof Charles Anosike, said a formal relationship between the NGF and NiMet is in the best interest…
Nigeria carrier, Air Peace has collaborated with The Boeing Company, and Cranfield University in the United Kingdom (UK) to leverage their world-class expertise, facilities and industry partnerships of both organizations to boost the carrier’s safety culture. Working under the aegis of Boeing Global Learning Institute (BGLI) with “Advanced Leadership in Safety Excellence” as theme, the…
The Federal Ministry of Agriculture and Food Security has unveiled a strategy designed at reshaping the country’s wholesale markets and bolster food distribution network. This was contained in the Strategic Plan for the Development of Modern Wholesale Markets to Feed the Cities and Structure the Food Value Chain, a report that seeks to enhance food…
