Nigerian carriers Archives - Aviation metric

Nigerian carriers profitable on paper, insolvent in reality-Aero MD

Posted on February 16, 2026 by Wole Shadare

· Weak internal governance weakens airlines · Seeks economic regulation to stem collapse The Managing Director of Aero Contractors, Capt. Ado Sanusi has pointed to weak internal governance and failures in corporate governance as a primary reason Nigerian airlines struggle to survive and attract investment. He further stated that an airline cannot be sustainable if it is profitable on paper but insolvent in reality. In his presentation at the African Travel Commission (ATC) meeting…

Minister laments, says 95% travellers carried by foreign airlines, Air Peace to build N32 billion MRO

Posted on September 17, 2025September 17, 2025 by Wole Shadare

Air Peace to build $32 billion MRO facility in Lagos, gets FG’s nod for Italy, Canada, Turkey Facility to stem $2.5 billion on overseas aircraft repairs Minister of Aviation and Aerospace Development, Festus Keyamo, has expressed concern about the inability of Nigerian carriers to compete with foreign carriers due to the humongous capital flight occasioned by a lack of critical mass. He further stated that over 95% of Nigerians travelling outside the shores…

Aligbe: How Nigerian carriers, Air Peace, can be profitable on Brazil route-

Posted on September 2, 2025September 2, 2025 by Wole Shadare

The Chief Executive Officer of Belujane Konsult, Mr. Chris Aligbe, has weighed in on two key factors that could make the Lagos-Brazil route profitable for any airline that wants to venture into it following the signing of the Bilateral Air Services Agreement (BASA) between both nations last week. He listed the factors as huge investment in the route by Air Peace and any other Nigerian carrier that may want to operate the route, and liberal…

Experts: Nigerian carriers in dire straits, need urgent assistance

Posted on September 30, 2024 by Wole Shadare

Some experts have taken a holistic look at the industry and came up with a verdict that the aviation industry in Nigeria needs urgent rescue to get out of its precarious situation. Aligbe Aviation consultant and the Chief Executive Officer of Belujane Consult, Mr Chris Aligbe while featuring alongside other analysts, Mr Toni Ukachukwu and the Secretary General of Aviation Round Table (ART), Mr Olumide Ohunayo on a television programme at the weekend said Nigerian…

IATA: Nigerian carriers can’t compete with poor infrastructure, high operational costs

Posted on June 10, 2024June 10, 2024 by Wole Shadare

…Says govt clued, understands value of aviation to growth The International Air Transport Association (IATA) has maintained that Nigeria’s two biggest airports, the Murtala Muhammed Airport, Lagos and the Nnamdi Azikiwe International Airport, Abuja boast the record of aerodromes with the highest cost operation for airlines. The Vice-President IATA for Africa and Middle-East, Kamil Al-Awadhi who spoke to Aviation Metric at the just concluded IATA 80th Annual General Meeting and World Air Transport Summit in Dubai, United Arab Emirates (UAE), said this is made…

Airbus to facilitate access to aircraft financing for Nigerian carriers

Posted on March 25, 2024March 25, 2024 by Wole Shadare

Tells operators to cater for local market Aircraft maker, Airbus said it is committed to working closely with Nigeria to explore innovative solutions, seize opportunities, and capitalise on the potential of Nigeria. Airbus’ Vice-President of Sales, Africa, Hadi Akoum in an appreciation letter to the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo dated March 20, 2023, stated that in the upcoming weeks, the company will diligently follow up on the pivotal topics…

Foreign airlines shun codeshare deal with Nigerian carriers

Posted on March 25, 2024 by Wole Shadare

….Europe, US, Middle East scamper for strong African operators African airlines are reaping the benefits of collaboration as they tend to leverage the wings of other carriers to extend their operations. A recent codeshare agreement between Kenya Airways and Virgin Atlantic is opening a vista of opportunities to both airlines just as Nigerian carriers are stuck in one place as they are yet to strike a codeshare deal with any of the big carriers…

Aeropolitics: Grim future, landmines for Nigerian carriers

Posted on November 21, 2023 by Wole Shadare

It is almost taken for granted that Nigerian airlines cannot operate international destinations for a long time. This is supported by the fact that many have tried and failed after a short time. One of the major reasons for their failure aside from poor corporate governance, poor equipment, or inadequate equipment is high-wire international aero politics. WOLE SHADARE writes that aero politics is a couch in some unforeseen landmines for Nigerian carriers Fierce battles The aviation…