Festus Keyamo, the minister of aviation and aerospace development has said that the main cause of frequent flight cancellations and expensive tickets for both domestic and international travel is a lack of aircraft in Nigeria.
Keyamo voiced concern about the difficulties, which include flight delays without prior notification to passengers, in an interview with BBC Pidgin on Saturday. However, he assured that these issues will soon be remedied.
According to him, the government has started the process of enabling Nigerian airline operators to collaborate with international firms that produce aircraft.
According to Keyamo, Nigeria’s aviation rating drastically increased—from 49 percent to 70.5 percent—after the nation signed the law and agreement.
He was optimistic that ticket rates will drop as more planes become available.
The Cape Town Convention (CTC) practice direction, which permits domestic airline carriers to use aircraft on dry lease, was signed by the federal government on September 12.
By improving asset-based financing and leasing of aviation equipment, including aircraft, the Cape Town Agreement seeks to lower costs for airlines and increase funding alternatives.
Nigerian airline operators are anticipated to have access to aircraft on dry lease as a result of the deal, which may result in reduced passenger flying costs.
Tope Makinde, who frequently fly Lagos to Abuja on a business trip lament how the price of airfare has become almost unaffordable.
He said,
“We “
TimesNow.com.ng reported that the Minister of Aviation and Aerospace Development, Festus Keyamo, has negotiated an agreement on reciprocal rights to ensure that Nigerian airlines begin direct flight operations to the United Arab Emirates (UAE), in line with the expectation of Nigerians that Emirates Airlines will resume direct flights to Nigeria on October 1, 2024.
Keymo’s special assistant for media and communications, Tunde Moshood, said in a statement that the meeting laid the groundwork for the new Bilateral Air Service Agreement (BASA) between the two nations.
He revealed that the deal would set norms and improve cooperation between the two nations.
Source: TimesNow.com.ng