FG yet to decide Nigeria Air’s partners, final bidders
Federal Government yesterday said technical partners for the new national carrier were yet undecided, as the bidding process, among others, were still ongoing.The disclosure was in response to a report that one of the bidders, Ethiopian Airlines (ET), was in the lead to win the bid.
AMCON denies plan to nationalise Arik Air
Deputy Director, Press and Public Affairs, Aviation Ministry, James Odaudu, also explained that the government only intervened in Arik in order to save the carrier from collapse.
CBN approves intervention funds for airlines
The Central Bank of Nigeria (CBN) has approved a Special Secondary Market Intervention Retail Sales (SMIS) for airlines operating in the country. This one-off exercise is dedicated to enable airlines clear off the backlog of matured Foreign Exchange obligations.
ICAO re-elects Nigerian, Aliyu, as president
A Nigerian, Dr. Bernard Aliyu, has been re-elected as president of the International Civil Aviation Organisation (ICAO) following endorsement from 152 member countries attending the on-going 39th Assembly of the world aviation regulatory body.