Caverton Helicopters
Join Date: Aug 2002
Location: Afrika sometimes
Age: 68
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Worth looking at the Rotorheads Forum where they have been mentioned a number of times on a thread about what's happening in West Africa.
So far, since they first advertised in Flight nearly 2 years ago, all they've managed to do is nearly finish building a very large, expensive hangar in Murtala Muhammed airport and get a floating barge ready for Victoria Island. They've bought just one helicopter so far - an Agusta 109E. They've appointed a South African guy as MD and an Irish guy, with no experience of operating in Nigeria as Ops Director. How they expect to make enough money with a shuttle operation between MM and VI to cover what they've spent so far is something of a mystery. If they want to join in the many new fixed wing start-ups in Nigeria they'll find it a real struggle to make money.
Progress very slow, direction uncertain. Profits from where? If you know Nigeria, be very, very careful. See what happened to Okada helicopters, look at Southern Air, Concorde Helicopters and Stillwater with the S76 operation. Hope it works out, but must be a doubtful number.
So far, since they first advertised in Flight nearly 2 years ago, all they've managed to do is nearly finish building a very large, expensive hangar in Murtala Muhammed airport and get a floating barge ready for Victoria Island. They've bought just one helicopter so far - an Agusta 109E. They've appointed a South African guy as MD and an Irish guy, with no experience of operating in Nigeria as Ops Director. How they expect to make enough money with a shuttle operation between MM and VI to cover what they've spent so far is something of a mystery. If they want to join in the many new fixed wing start-ups in Nigeria they'll find it a real struggle to make money.
Progress very slow, direction uncertain. Profits from where? If you know Nigeria, be very, very careful. See what happened to Okada helicopters, look at Southern Air, Concorde Helicopters and Stillwater with the S76 operation. Hope it works out, but must be a doubtful number.
Join Date: May 2004
Location: UK
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we could have some intersting conversations over a few beers i guess know my about pretty well in nigeria
lots of oppurtunities but also lots of stress especially considering the amount of investment required for that part of the aviation business.
regards
lots of oppurtunities but also lots of stress especially considering the amount of investment required for that part of the aviation business.
regards
Join Date: Sep 2003
Location: THE MANGROVE SWAMPS (RETIRED)
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Owned by Chief Makanjuola, whose primary business is shipping. Plenty of money, but he'll need it if he's serious about breaking into the business and making any real money. The MD has some experience of running airplane business, but not with helicopters, which is also rather odd. The Ops Manager has no experience of Africa, which is another very odd thing for a new African start up.
Take heed of Tom Bola's comments if you're a foreigner and thinking of committing yourself to them. Also depends where you live because if you join as an expat you'll be paid in US$. Check where your contract of employment is legal too. If it's Nigeria, forget it!
They seem to be long on publicity, but short on action so far.
Take heed of Tom Bola's comments if you're a foreigner and thinking of committing yourself to them. Also depends where you live because if you join as an expat you'll be paid in US$. Check where your contract of employment is legal too. If it's Nigeria, forget it!
They seem to be long on publicity, but short on action so far.
