Airlines want FG to create special funds for domestic operators

Airlines in Nigeria have urged the federal government to provide a window of “special funding” for operators of local airlines in the nation’s aviation sector.
Top Brass Aviation Limited CEO Roland Iyay made the call on behalf of the AON during a visit to the Minister of Aviation and Aerospace Development, Festus Keyomo, in Abuja on Monday.
He said the call for providing a window of special funding for operators in aviation was necessitated due to the nature of the aviation business and its growing contribution to the country’s gross domestic product (GDP).
“We are just asking for a special funding window that should be of a single digit, and that is easily accessible. We want FG to create a special funding window for domestic Airlines for capital assets acquisition and consider providing the necessary support of domestic Airlines for competitive funding through world-renowned funding organisations such as EXIM, EDC, and AFREXIM Bank.
“We plead for immediate revision of all ill-conceived stifling policies inimical to industry growth, adoption of an annual simulator Recurrent check for flight Crews and the adoption of the manufacturers’ recommended maintenance service intervals. Just as it is enshrined in the Aircraft Type Maintenance Planning Document (MPD) by the Nigeria Civil Aviation of Nigeria (NCAA),“ he said.
He appealed to the government for immediate review of all industry taxes and charges to determine applicability and quantum in line with the cost recovery model of the aviation Parastatals.
Mr Iyayi reiterated establishing and providing a dedicated support line for domestic Airline Operators to unfettered access to foreign exchange through the Central Bank of Nigeria in support of local and international transactions.
He called for the facilitation, liberalisation, procurement and distribution of Jet-A1 nationwide and allowing the AON to procure requisite licenses for product importation and distribution through strategic partnerships.
According to him, the government should ensure immediate prioritization of a modernisation programme for passengers and handling equipment at major Airports to manage passengers and associated baggage efficiently.
He added, “The government should prioritise the immediate installation and commissioning of bird hazard management equipment and FOD programmes at all Airports nationwide to enhance safety, reduce aircraft damage and increase insurance premiums.
“Embracing the PPP model with prospective investors for the establishment, tooling and operation of local MRO facilities and providing special incentives to encourage increased investments in the sector.”
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Petrol Scarcity: Kebbi government partners petrol marketers
The Kebbi government has sought the support and cooperation of IPMAN to reduce the hardships its citizens face following fuel scarcity.

Health
Mental Health Challenges: Help from an unlikely source
As World Mental Health Day is observed globally on October 10, many organizations are sharing resources that can aid in improving and stabilizing mental health.

Opinion
Are you in that number saved by Uzodimma?
There’s a saying in my neck of the woods that if a fashion designer is offering to make you a special wear, you must first look at what he is wearing.

Politics
Adamawa assembly launches investigation into tragic boat mishap
The Adamawa House of Assembly has constituted a seven-member committee to investigate the boat mishap that claimed 26 lives.

World
European asylum applications soar above 800,000 in 2023, highest since 2016
More than 800,000 asylum applications have been filed in the European Union, Norway, and Switzerland this year up to October.

World
Car crashes into Chinese consulate in San Francisco, suspect killed by police
Police in San Francisco on Tuesday shot dead a person accused of ramming a car into the Chinese Consulate, according to U.S. officials.