Breaking: Not every issue can be resolved by CTC Practice Direction. – Operators of airlines
Operators of airlines .Airline Operators of Nigeria, or AON, issued a warning yesterday following the signing of the Cape Town Convention, CTC Practice Direction, that not all of the issues ailing Nigeria’s aviation industry would be resolved by it. Dr. Allen Onyema, Vice President of AON, stated that although the CTC Practice Direction’s signing was a progressive move, Nigeria needs to develop new airport terminals and upgrade its airport infrastructure in order to become a major player in the sector. Onyema, however, pointed out that domestic operators could now purchase more aircraft under more accommodating terms following the signing of the CTC Practice Direction, adding that this would increase their capacity and lower airfares.
The Chief Executive Officer of Air Peace clarified that improved connectedness for travelers would result from more capacity in an interview with the Morning Show on Arise TV.
“Everyone knows that the Cape Town Convention thing alone cannot solve all the problems,” he stated. The infrastructure of the airport needs to be upgraded. Airport terminals ought to be constructed.
“The profitability or ease of doing business on the airlines will be hampered in a scenario where you lack transit facilities.” For example, Air Peace operates flights to roughly ten African nations, but we have not been able to transport people here in the same way that they do in Togo, assemble them there, and begin distribution.
“The signing of this practice directive by Midwifing has somewhat assisted the airlines, particularly the local airlines, in increasing their capacity. The business has been criticized for having insufficient capacity, but I think Nigerian airlines are an exception.
“These airlines have been performing remarkably well in light of the difficulties and the situations they faced.” “The leasing industry will now begin leasing aircraft to Nigeria with the signature of this practice direction. Here, we are discussing capacity. If I spent $80 million buying one of my brand new planes, I purchased 13 of the E195-E2. There are already five in. Using the money I spent on the five, I could purchase roughly 200 aircraft.