Minister

Minister rules out bailout for airlines, sector, says good policies will drive growth

Posted on by Wole Shadare
Minister rules out bailout for airlines, sector, says good policies will drive growth

NCAA to wade into unresolved ticket refunds, launches portal   The Minister of Aviation and Aerospace Development, Festus Keyamo has ruled out direct disbursement of funds to help airlines cushion the many problems they face. He stated that there is no amount of money the government gives the airlines that can make them survive, explaining that what the carriers and industry need is the right policies. He reiterated that it is the kind of policy…

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Air Maroc makes emergency landing, Minister condemns treatment of Nigerians

Posted on by Wole Shadare
Air Maroc makes emergency landing, Minister condemns treatment of Nigerians

Minister of Aviation and Aerospace Development, Mr. Festus Keyamo condemned the inhuman treatment that some Nigerians have been subjected to by Royal Air Maroc In Marrakesh, Morocco. According to Keyamo, the flight took off from Casablanca and was headed for Abuja, but had to make an emergency landing in Marrakesh for some technical reasons. He however noted that the passengers, the majority of whom are Nigerians, have been left without care at the terminal and…

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Minister, Boeing sign aircraft acquisition agreement for Nigerian carriers

Posted on by Wole Shadare
Minister, Boeing sign aircraft acquisition agreement for Nigerian carriers

    Aircraft giant to offer technical support, training for operators To advance Nigeria’s aviation sector, the Minister of Aviation and Aerospace Development, Festus Keyamo, signed a strategic Memorandum of Understanding (MoU) with Boeing, one of the world’s leading aircraft manufacturers. The signing ceremony took place yesterday in Seattle, Washington, USA, in the presence of key Nigerian aviation stakeholders, including executives from major Nigerian airlines, top management team of the Nigerian Civil Aviation Authority and…

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Aviation won’t survive without thriving airports, says Minister

Posted on by Wole Shadare
Aviation won’t survive without thriving airports, says Minister

The Minister of Aviation and Aerospace Development, Festus Keyamo has expressed concern over the country’s airport infrastructure, adding that for airports to be viable, they must have the infrastructure to support current and future demand. He further stated that without thriving airports, there can be no thriving aviation industry, hinting that airport viability is not just a priority but a necessity for any ambitious aviation business. To buttress the minister’s assertion, the Managing Director of the…

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Minister Leads Delegation to Europe For Abuja Second Runway Project

Posted on by Wole Shadare
Minister Leads Delegation to Europe For Abuja Second Runway Project

The Minister of Aviation and Aerospace Development, Festus Keyamo led a high-profile delegation to Helsinki, Finland, and Vienna, Austria, for critical factory inspections and familiarisation meetings with two of the world’s leading aviation infrastructure equipment manufacturers, Vaisala and Frequentis AG for the supply of infrastructural equipment for the construction of the on-going Abuja second runway. The delegation included the Managing Director of the Nigerian Airspace Management Agency (NAMA), Engr. Faruk Ahmed Umar; the Director-General of…

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Fresh diplomatic row brews as Minister writes UK over Heathrow slot, may bar BA from prime airports

Posted on by Wole Shadare
Fresh diplomatic row brews as Minister writes UK over Heathrow slot, may bar BA from prime airports

The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo has written to his British counterpart and lodged a formal complaint over the refusal of the British authorities to allow Air Peace to fly to Heathrow Airport. Nigeria’s flag carrier airline, Air Peace currently flies to a second-tier airport, Gatwick because of the slot system which is beyond the British authorities. This may lead to a diplomatic row if the Minister remove British Airways to…

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Minister:Why local insurance firms can’t cover big aircraft

Posted on by Wole Shadare
Minister:Why local insurance firms can’t cover big aircraft

Minister of Aviation and Aerospace Development, Mr. Festus Keyamo lamented that many of the insurance firms in Nigeria cannot insure many of the aircraft in the fleet of Nigerian airlines. The Minister disclosed to journalists in Lagos that the lack of capacity and the high premiums by the insurance firms had led to a hike in airfares. He disclosed that the new rule of the National Insurance Commission (NAICOM) is that every risk must be placed in…

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Minister executes Eze’s $2.5 million judgement, grounds Arik’s plane, airline fumes

Posted on by Wole Shadare
Minister executes Eze’s $2.5 million judgement, grounds Arik’s plane, airline fumes

The chief executive officer of Arik Air, Capt Roy Ilegbodu ( (In Receivership) has expressed shock over the grounding of one of its aircraft by the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo. The reason for the action was as a result of a $2.5 million loan granted Arik’s owner, Sir Johnson Arumemi-Ikhide by billionaire businessman, Chief Arthur Eze. Eze got a Supreme Court judgment against the Arik Air founder. He was said…

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Minister overrules NAMA, directs agency to suspend navigation charges

Posted on by Wole Shadare
Minister overrules NAMA, directs agency to suspend navigation charges

The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo has overruled the decision of the Nigerian Airspace Management Agency (NAMA) to raise en-route navigational charges from N6,000 to N18,000 and N54,000 per flight The Minister has directed the agency to suspend its earlier announced increase in navigational charges. This decision follows the Minister’s recognition of the current economic challenges faced by Nigerians. The Minister emphasized the need for further consultation before implementing any changes,…

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Aircraft shortage to meet growing demand fuels fare hike, says Minister

Posted on by Wole Shadare
Aircraft shortage to meet growing demand fuels fare hike, says Minister

Minister of Aviation and Aerospace Development, Mr.Festus Keyamo, has promised a reduction in ticket fares soon. He emphasized that, currently there is a shortage of planes by local operators to meet the growing demand for air travel thus the hike in fares. The financial difficulty faced by airlines has impacted them negatively as they have scaled down operations, and aircraft. At the same time, poor services have gone a notch higher with many passengers bearing…

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