Rani
22nd Apr 2004, 10:50
ADC, Bellview, Kabo, 3 Others Get International Routes
Fct
From Josephine Lohor in Abuja
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The Federal Government yesterday approved new international routes for six local airlines which are Aviation Development Company (ADC), Aero Contractors, Afrijet, Bell-view, Kabo and Chanchangi.
Minister of Aviation, Alhaji Isa Yuguda, who made the disclosure while briefing State House correspondents on major highlights of the Federal Executive Council (FEC) meeting, also stated that the designated airlines are expected to increase their capital base in line with international requirement.
Yuguda said that all airlines that operate on the West Africa airspace now have a minimum capital base of N500 million while those that operate on inter-continental routes are to have a capital base of N1 billion.
The airlines, the minister noted, have 12 months within which to meet the new financial requirements, adding that the selection of local airlines for international routes was not conclusive.
The Aviation Minister disclosed that ADC would operate flights between Lagos-Brussels, Lagos - Libreville, Lagos - Cotonou, Dakar, Bamako and Abidjan, while Aero Contractors will run scheduled flights between Lagos - Sao-Tome - Malabo and between Lagos - Cotonou - Lome and Accra.
Afrijet would operate flights from Lagos - Kinshasa - Luanda - Madrid in Spain as well as flights from Lagos to and from Malabo and Doula.
Bellview Airline will run flights to Bombay in India from Lagos, and Lagos - Freetown, Sierra Leone; while Kabo Airline is expected to take care of the Lagos - Rome, Lagos - Nairobi, and between Lagos - Maiduguri - Ndjamena.
Chanchangi Airline, according to the approval, will fly from Lagos - Doula - Abidjan - Accra and Malabo.
Fct
From Josephine Lohor in Abuja
--------------------------------------------------------------------------------
The Federal Government yesterday approved new international routes for six local airlines which are Aviation Development Company (ADC), Aero Contractors, Afrijet, Bell-view, Kabo and Chanchangi.
Minister of Aviation, Alhaji Isa Yuguda, who made the disclosure while briefing State House correspondents on major highlights of the Federal Executive Council (FEC) meeting, also stated that the designated airlines are expected to increase their capital base in line with international requirement.
Yuguda said that all airlines that operate on the West Africa airspace now have a minimum capital base of N500 million while those that operate on inter-continental routes are to have a capital base of N1 billion.
The airlines, the minister noted, have 12 months within which to meet the new financial requirements, adding that the selection of local airlines for international routes was not conclusive.
The Aviation Minister disclosed that ADC would operate flights between Lagos-Brussels, Lagos - Libreville, Lagos - Cotonou, Dakar, Bamako and Abidjan, while Aero Contractors will run scheduled flights between Lagos - Sao-Tome - Malabo and between Lagos - Cotonou - Lome and Accra.
Afrijet would operate flights from Lagos - Kinshasa - Luanda - Madrid in Spain as well as flights from Lagos to and from Malabo and Doula.
Bellview Airline will run flights to Bombay in India from Lagos, and Lagos - Freetown, Sierra Leone; while Kabo Airline is expected to take care of the Lagos - Rome, Lagos - Nairobi, and between Lagos - Maiduguri - Ndjamena.
Chanchangi Airline, according to the approval, will fly from Lagos - Doula - Abidjan - Accra and Malabo.