About three years ago the federal government unveiled the logo and livery of national carrier in London and still assures that the project would be realised next year. The federal government also plans to concession the major airport facilities before the end of next year. Chinedu Eze examines the prospects of the national airline operating under concessioned major airport terminals.
This is one of the reasons why the industry was aroused when the Minister of Aviation, Hadi Sirika in 2016 declared that one of the programmes of President Muhammadu Buhari administration was the berthing of a new national carrier. Not a few were expectant. Today, that expectation is beginning to fade, considering the responses of industry observers who spoke to THISDAY.
Sirika assured the realisation of the project while addressing state house correspondents after the weekly federal executive council meeting in Abuja recently and reiterated that the national carrier would be realised with huge stakes of the company owned by the private investors. In 2018, the Minister had unveiled the name and logo of the new national carrier, Nigeria Air, at the Farnborough International Airshow in London.
Airlines generate revenues through aeronautical and non-aeronautical and the later is elastic because airports could be home to a range of revenue sources including special product areas , food and beverage areas , travel services , personal service areas , which indicated that airports make more money than airlines and that airlines that make profits are those that control their airport facilities.
“Our model is different. I don’t know where it has survived in Africa. Airlines that survived in Africa worked with their airports. SAA failed because their airports are independent. Kenya Airways is merging with the airport because Kenya Airways generate about 60 per cent of the traffic and 83 per cent of the revenue of the Jomo Kenyata International Airport,” he said.
Next generation
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NIMC Registers Over 60m Unique NIN Users On DatabaseThe National Identity Management Commission has announced that it has recorded more than 60 million unique national identity numbers (NIN) in the National Our true population gradually taking shape
Source: LeadershipNGA - 🏆 4. / 77 Read more »
NLRC holds gaming conference to boost lottery business | The Guardian Nigeria News - Nigeria and World NewsThe National Lottery Regulatory Commission (NLRC) has concluded plans to hold a National Gaming Conference for the enhancement of lottery business in Nigeria.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
NIN: NIMC registers over 60 million NigeriansThe National Identity Management Commission has announced that it now has over 60 million unique NIN records in the National Identity Database. Na wetin wey no get Sense we dey do for this Country 😏 ................. They are killing our Youths corps😭😭
Source: MobilePunch - 🏆 8. / 63 Read more »
Terrorists-linked Nigerian Minister, Pantami To Enrol US-Based Nigerians On National Identity Database | Sahara ReportersThe Consulate General of Nigeria in New York, which disclosed this, said the move is part of Pantami’s push to have citizens’ private information on the national database. Buhari has taken nepotism and bigotry to another level by the continuous stay of this Terrorist sympathized Pantami in office. Buhari and his fulani terrorists kinsmen are going to slaughter us all and take over our lands. WE ARE IN TROUBLE!!! ByrdeInLove They should ignore the terror loving govt. Buhari govt is really up to something very evil and must be resisted to the very last. What do they want with people they contribute nothing to? Idiots in power.
Source: SaharaReporters - 🏆 9. / 63 Read more »
Blackout as national grid collapses again | The Guardian Nigeria News - Nigeria and World NewsNigeria’s electricity grid has again collapsed leaving parts of the country without power supply. The grid, operated from Osogbo, Osun State, by the Transmission Company of Nigeria (TCN) failed at about 12:26 pm on Wednesday. The national electricity grid has failed electricity consumers more than 128 times since the nation’s power sector was privatised in […] “ D Nat electricity grid has failed electricity consumers more than 128 times since the nation’s power sector was privatised in 2013.” said TCN An average of more than once a month where regions of country r in complete blackout. PYO would launch space rocket & Crypto mining? Do we have power when the grid hasn't collapse, or the headline is playing on our emotions to make us feel good that the blackout was due to the collapse?
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Tokyo Olympics: 17-year old Ogunbanwon sets national swimming recordShe won her heat in the women’s 100 metres freestyle ahead of Andela Antunovic of Montenegro.
Source: PremiumTimesng - 🏆 3. / 78 Read more »