The National Civil Aviation Authority (NCAA) has granted licence to a new internationally licensed maintenance, repair and overhaul (MRO) firm, 7 Star Global Hangar to commence operations in the Nigeria.
Part of the statement signed by the chief executive officer of 7 Star, Engr. Isaac Balami, said the MRO, which was conceived about six years ago had the capacity to handle Boeing 737 fleets.
Also, founding director of 7 Star Global Hangar, Abiodun Asekun, described the granting of the license by NCAA as “a right step in the right direction” adding that the MRO would play a major role in support of the new national carrier when it commences operations.
The statement also quoted Balami, a former president of the National Association of Aircraft Pilots and Engineers (NAAPE), and a former senior manager at Aero Contractors, as saying that the MRO was ready to commence operations next week.
While lamenting the high cost of maintenance of aircraft by airline operators in the region, Balami expressed confidence that with the granting of the approval for an indigenous MRO, millions of dollars would be saved for airlines and also greatly reducing capital flight.
Balami said that the continued rise of maintenance cost at an alarming scale made him and his team to apply their expertise to deliver such a facility in Nigeria to assist local African operators.
According to him, a single B737 aircraft, grounded awaiting maintenance, has a negative impact of hundred thousand dollars plus, per day, to the owner or airline operator.
He said the hangar would also stock a comprehensive spare parts inventory marketplace to be made available to airlines in Nigeria and across the West and Central African region.
The statement noted that capital and fleet erosion were prime contributors to the failure of so many airlines in Nigeria over the years, which according to him, can be mitigated and eliminated with licensed local maintenance support.
Balami disclosed that services would also be available in Abuja in a couple of weeks in addition to Lagos centre to deliver world – class services at a reduced cost.