Nigeria Air: The Rebirth of Defunct Nigerian Airways

The government of Nigeria has launched a national carrier, "Nigeria Air" to operate both lically and internationally at affordable rates.

Nigeria's Aviation Minister Hadi Sirika unveiled the new Nigeria Air at the  ongoing Farnborough International Airshow in London.

“This will be a national carrier that is private sector led and driven. It is a business, not a social service. The government will not be involved in running it or deciding who runs it. The investors will have full responsibility for this.

The Nigerian government will not own more than 5% (maximum) of the new national carrier. The government will not be involved in running it or deciding who runs it.”

He explains that the Airline would be fully concenssioned to be private-led organisation while government plays oversight functions.

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“This is an important day for Nigeria. The largest economy in Africa, largest population, GDP of around half a billion dollars, and the only true aviation player in West and Central Africa,” he said.

Recall Nigeria Airways which was launched in 1959, shutdown in 2003 owing to poor operations management.