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BREAKING: NCAA Presents Air Transport License To Nigeria Air

by Yusuf Babalola
3 years ago
in Business
nigeria air license
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The Nigerian Civil Aviation Authority (NCAA), on Monday, presented the Air Transport License (ATL) to the interim management of Nigeria Air.

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Nigeria Air is the nation’s proposed national carrier and it is to be a public-private partnership with the federal government maintaining 5% stake, while 49% would be held by strategic equity partners and 46% by Nigerian entrepreneurs.

The Ministry of Aviation took to its official Twitter handle, @fmaviationng on Monday, announcing the presentation of the ATL to the interim board of the new airline.

It wrote: “Presentation of Airline Transport Licence (ATL) to Interim Board of Nigeria Air. Nigeria Air is here and is going to provide quality service to Nigerians.”

The ATL certification precedes the Air Operator’s Certificate (AOC), which empowers the airline to operate scheduled commercial flights.

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A former managing director of the defunct Virgin Nigeria Airways, Capt. Dapo Olumide, has been appointed as the interim MD of the airline.

However, LEADERSHIP gathered that the AOC, which is currently under processing and has reached an advanced stage, may be given to the airline by next month.

Recall that the Minister of Aviation, Senator Hadi Sirika, last year said the proposed national carrier will begin flight operations by 2022.

The minister explained that the airline would start operations with three wet-leased aircraft, as it would take about three to five years to take delivery of an aircraft that was ordered for.

“They will start with wet-leased aircraft and that’s how 90 per cent of airlines in the world would have started. So they will start with a wet-lease of three aircraft and then continue to expand, place orders and then get deliveries,” he had said.

Sirika further emphasised that the Federal Government would not have any control in Nigeria Air, rather investors in the carrier would run the business.

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