Business Hilights

Tracking Nigeria's Headline Business News Online

Aviation Safety Round Table Initiative (ASRTI)

20 year’s wait for Fly Nigeria Act killing local airlines—Expert

The need for faster legislative attention to the over 20 year’s preparation for the enactment of Fly Nigeria Act has been stressed in Nigeria. Speaking at the recent fourth quarterly breakfast meeting of the body in Lagos, President of the…

Work towards merging Arik, Aero into Nigeria Air—Ojikutu tells FG

The Secretary General, Aviation Safety Round Table Initiative (ASRTI), Group Capt. John Ojikutu (rtd), has advised the federal government to consider merging the AMCON revived Arik Air and Aero Contractors into the unveiled new national carrier, Nigeria Air. Before his…

FG to raise least number of aircraft from 2 to 10 for old, new operators soon

Feelers emerged weekend indicating that due to the challenges of maintaining efficient services and routine maintenance schedule of several airlines in the country, the Nigerian Civil Aviation Authority (NCAA) is set to conduct upward review of key provisions of its…

Aviation Safety Round Table group picks holes in constitution of national carrier panel

Barely two weeks after the constitution of the Working Committee on New National Carrier, leading stakeholders’ body in the aviation industry, the Aviation Safety Round Table Initiative (ASRTI), weekend, raised strong objection against the committee, saying its emotional influence in…

Probe rising disparities in air traffic figures, earnings in aviation agencies—Ojikutu

In the last 10 years, there had been serious cases of traffic figures differentials among Nigeria aviation agencies leading to loses of government revenues and even erosion of confidence in the sector by prospective investors. In an interview with the…

Forced merger’ll boost operations of Nigerian airlines—Experts

Current realities in global aviation industry and Nigerian experiences in recent past have called for mergers and acquisitions that will raise the fleet in airlines and shrink number of operators. Already experts under the aegis of Aviation Safety Round Table…

In 10 air crashes in 48 years, pilot errors cost 1,312 lives in Nigeria—Aviation expert

Leading aviation expert and President, Sabre Network, Mr. Gbenga Olowo, has revealed that whereas about 80 per cent of all aviation accidents in Nigeria is linked to pilot errors, the recorded 10 crashes in the last 48 years has spilled…