Local airline to sell asset despite investor’s lawsuit
The management of Med-View Airline Plc has said the plan to sell-off some of its assets was still in place despite a lawsuit challenging it move at the Federal High Court, Lagos.
In aeropolitics, the sky has limits
Yamoussoukro Decision by 44 African Union (AU) member States to open up the sky for free movements, this year marks 20th anniversary, but without much success to celebrate.
FG yet to remove 5% VAT in air transport
About nine months into the Federal Government’s suspension of mandatory five per cent Value Added Tax (VAT) in air transport, airlines are yet to see the implementation.Airlines operators Monday...
FG reneges on plan to stop 5% VAT in air fares
The Federal Government appears to have reneged on the plan to suspend mandatory five per cent Value Added Tax (VAT) on airfares in the country as contained in the Executive Order issued in June.
Med-View acquires Boeing777-200ER aircraft
Med-View Airlines Plc has acquired a Boeing 777-200ER aircraft to revive its international operations. The wide-body aircraft is the second of such in Nigeria, after Air Peace acquired one in January this year. The aircraft with registration number: 5N-BVY, was flown to the Murtala Muhammed International Airport Lagos to the jubilation of management, staff of…
FG to inject N3.2 billion as startup capital into Nigeria Air
To get the new national carrier off its feet, the Federal Government will be injecting about N3.168billion ($8.8million) as the startup capital for Nigeria Air.
Med-View Airline spends N22bn on aviation fuel in 5 years says Chief Executive Officer
Alhaji Muneer Bankole, the Chief Executive Officer, Med-View Airline Plc says the airline spent about N22 billion to procure aviation fuel in the last five years.
Med-View declares N1.5 billion profit before tax
The airline, at its yearly general meeting in Lagos, disclosed to shareholders an increase in turnover of 42 per cent at N36.961 billion from N26.039 billion in 2016 and an increase in profit after tax of 63 per cent at N1.255 billion from N772 million in 2016.
Medview Airline to begin Dubai flights December 7
Medview Airline will on Dec. 7 begin scheduled flight operations to Dubai, United Arab Emirates, from Lagos via Abuja, its Chief Executive Officer, Alhaji Muneer Bankole, said on Sunday in Lagos.