solution: get an SUV.

No airline in Nigeria can be profitable with the business model they are presently operating, coupled with the crass corruption going on in that industry.
Most floaters of airline business in Nigeria are those who one way or the other in time past has stole public funds and for whatever reason believe floating an airline business is the best way to launder the money and turn it over into a legitimate funds due to the perceived volume of passengers it tends to transport.
Where professional runs the industries in developed countries it is known that for a short haul flight (which all flights within this country falls within)you don't use a wide bodied jet engine planes to commute short distance of an hour because no flight in withing nigeria is more than 70/80 minutes. Turbo propeller engine planes are what is being used for short distance air travel within countries that are not so big like Russia, USA, Canada and Australia to name a few.
The only local airline which has display this knowledge of professionalism is overland airways, all planes in their fleet are propeller planes.This has enable them operates in states of the countries where other airlines with jet engine planes couldn't have, places like Akure, Ibadan, Ilorin, Asaba and many more such route are being planned.
Now are they making profit? i can't say with absolute certainty but from the number of planes it has come to acquire over time, it seems to be growing.
It is for a fact that these propeller planes are lot cheaper to maintain than their wide bodied jet engine counterparts which gobbles at the airline's bottom line thus making them cut corners and thereby endangering peoples lives.
As long as Nigeria is the same square kilometers and any aspiring airline operators choose the way of jet engine planes to fly it's airspace, it is a loss making venture with absolute certainty.
My submission.

Tanx for dis info. Wld look more into it later

4q: No airline in Nigeria can be profitable with the business model they are presently operating, coupled with the crass corruption going on in that industry.
Most floaters of airline business in Nigeria are those who one way or the other in time past has stole public funds and for whatever reason believe floating an airline business is the best way to launder the money and turn it over into a legitimate funds due to the perceived volume of passengers it tends to transport.
Where professional runs the industries in developed countries it is known that for a short haul flight (which all flights within this country falls within)you don't use a wide bodied jet engine planes to commute short distance of an hour because no flight in withing nigeria is more than 70/80 minutes. Turbo propeller engine planes are what is being used for short distance air travel within countries that are not so big like Russia, USA, Canada and Australia to name a few.
The only local airline which has display this knowledge of professionalism is overland airways, all planes in their fleet are propeller planes.This has enable them operates in states of the countries where other airlines with jet engine planes couldn't have, places like Akure, Ibadan, Ilorin, Asaba and many more such route are being planned.
Now are they making profit? i can't say with absolute certainty but from the number of planes it has come to acquire over time, it seems to be growing.
It is for a fact that these propeller planes are lot cheaper to maintain than their wide bodied jet engine counterparts which gobbles at the airline's bottom line thus making them cut corners and thereby endangering peoples lives.
As long as Nigeria is the same square kilometers and any aspiring airline operators choose the way of jet engine planes to fly it's airspace, it is a loss making venture with absolute certainty.
My submission.

.

This same ARIK that the Deputy Speaker of the House is rooting for to become the Nigerian National Air Carrier? Naija i hail!

I always laugh about that country because nothing works! The country needs to be organized!

Government is the 1st culprit in ruining the airlines down, do you know the millions of naira being paid out to different government agencies like NCAA, FAAN, NAMA, NIMET e.t.c or the amount of tax they pay on aircrafts and spare parts that are being shipped down to the country? All these need to be revisited by the aviation ministry if they want these airlines to stay afloat.

Due to persistent hostility of the Ministry of Aviation, with a minister who is demanding a 5percent equity in a business where she has no investment...and FAAN management, which has culminated in the use of FAAN staff to stop the airline operations and lock in checked-in passengers in Lagos this morning, Arik Air has suspended all domestic operations until further notice. This issue bothers on personal interests, and not payment of bills; since FAAN has been collecting their charges in advance since 18 months now.

Source

Due to persistent hostility of the Ministry of Aviation and FAAN management, which has culminated in the use of FAAN staff to stop our operations and lock in checked-in passengers in Lagos this morning, Arik Air has no option than to suspend all domestic operations until further notice. This issue bothers on personal interests and not payment of bills, since FAAN has been collecting their charges in advance since 18 months now. Arik Air regrets the inconveniences this disruption by FAAN would cause you. Thank you for your much valued support

Know a friend going to Lagos today who had to reroute from Owerri to Enugu,so as to join Aero.
He was very lucky to get a ticket for 20k because he knew someone.
On getting to the airport (an hr before departure) he was told how lucky he was as the agent was under intense pressure to resell the ticket for 40k.
And he's meant to leave the country tonite frm Lagos.
I really pity the hundreds of stranded passengers.

Guys does this affect international routes?

Hehehehe
We can't manage business but we can fly our pirivate jets.
The growing penchant for private jets acquisition has cost wealthy Nigerians a sum of $6.5bn (N1.02tn) in the last five years. Aviation sources reveal that the luxury trend, which rose by 650 per cent between 2007 and 2012, is encouraged among the rich by the need for privacy, fear of insecurity and the urgency required by modern business, TUNJI ABIOYE reports

Private jet ownership in Nigeria has grown by 650 per cent, from 20 jets in 2007 to over 150 jets in 2012.

According to documents sighted in aviation agencies, the development means that wealthy Nigerians acquired, at least, 130 private jets with a sum of N1.02tn ($6.5bn) within the last five years.

This put the private jets aviation market in Nigeria (the monetary value of all private jets in the country) at N1.18tn ($7.5bn), using $50m as the average cost of each brand new private jet.

A private jet goes for between $40m and $65m, according to the websites of major private jets manufacturers, like Bombardier of Canada; GulfStream and Hawker Siddley of United States; and Embraer of Brazil.

According to findings, the common brands of private jets in Nigeria are Gulfstream 450, 550 and 650; Bombardier Challenger 604, 605; Global Express; Embraer Legacy and Falcons; and Hawker Siddley 125-800 and 900XP.

Top aviation officials told our correspondent on Friday that Nigeria currently rivalled China as one of the two fastest growing private jet markets in the world.

An official with in-depth knowledge of the situation, who spoke under condition of anonymity because he was not authorised to comment on the matter, said most of the jets were bought by top politicians, oil magnates and other business moguls in Nigeria.

He explained that the economic downturn in Europe and the United States had made Nigeria and China to become two of the fastest growing private jet markets in the world.

He said, "Two countries buying private jets now are China and Nigeria. Europe and America are going through turmoil; so, their people are no more buying. This accounts for the trend that whenever some of the private jet manufacturers develop any new jet, they take them to Nigeria and China."

"The private jets in Nigeria are owned by top politicians, oil magnates and business moguls. It is difficult to get the real identities of owners of some of the private jets in Nigeria because they buy them through some foreign companies in North America, especially the US. The foreign company then leases it to another company in Nigeria."

Investigation by our correspondent also revealed that there were still several private jets on order by wealthy Nigerians. Some of the jets, it was learnt, would be delivered this year, while others would be delivered in 2013 and 2014.

A top official of the Nigerian Civil Aviation Authority, who asked not to be named, said representatives of the owners of the private jets on order had already notified the agency about the order. This, he said, was necessary for the purpose of registering the aircraft in Nigeria. According to him, some of the private jets also come with foreign registration credentials.

The Managing Director of Aero Airlines, Captain Akin George, had recently commented on the increasing number of private jets being parked at the Nnamdi Azikiwe International Airport, Abuja.

He particularly lamented the fact that most of the private jets carried foreign registration credentials. He had subsequently called on the authorities concerned in the country to make registration processes in Nigeria friendly and attractive.

During a recent visit to Abuja, our correspondent observed that over 40 private jets were parked at the terminal.

The CEO of another airline also said that during political meetings or big functions in Abuja, over 50 private jets were usually seen parked at the Abuja airport.

These, he said, were different from the ones parked at the Lagos and other major airports across the country.

"If you go to the old local wing at the Abuja airport, there is virtually no place to park private jets again," he said

Just on Thursday, a team of officials from the headquarters of Bombardier in Canada arrived at the Executjets Private Hangar at the Murtala Muhammed Airport, Lagos, to showcase one of their latest private jets, Global 6000.

The team was led by the Sales Director, Africa, Bombardier Business Aircraft, Mr. Robert Habjanic, who said that the team was on a tour of 12 cities in Africa, including Lagos. Habjanic, who spoke with a few aviation journalists, told our correspondent that Nigeria was the company's largest market in Africa, with about 35 Bombardier-made business aircraft currently flying its airspace.

He said the team had also showcased the relatively new business jet in other parts of the world.

He confirmed that "private business in Nigeria has been growing tremendously in the last five years."

He attributed this to the fact that "Nigeria is an emerging market."

The growth in the purchase of private jets in Nigeria has also led to the development of multimillion dollars private jets hangars, where repairs and maintenance could be done in the country. Some of these include Execujets Nigeria Hangar, Caverton Hangar and EverGreen Hangar, all located at the Lagos airport.

Speaking on the development, industry expert, Mr. Olumide Ohunayo, said, "The economy is expanding, with increasing investments within the country and the region. This will invariably necessitate instantaneous travel that scheduled airlines cannot provide.

"Also the privacy needed in a country filled with paparazzi can be an issue. Increasing political and religious issues are contributory. By and large, it will continue to increase if the economy continues with a lot of diversification inputs that naturally spread wealth."

mjola: Guys does this affect international routes?

Who knows? Maybe. You should call their customer service line and ask them just to be sure. Good luck!

crocodile: Hehehehe
We can't manage business but we can fly our pirivate jets.
The growing penchant for private jets acquisition has cost wealthy Nigerians a sum of $6.5bn (N1.02tn) in the last five years. Aviation sources reveal that the luxury trend, which rose by 650 per cent between 2007 and 2012, is encouraged among the rich by the need for privacy, fear of insecurity and the urgency required by modern business, TUNJI ABIOYE reports

Private jet ownership in Nigeria has grown by 650 per cent, from 20 jets in 2007 to over 150 jets in 2012.

According to documents sighted in aviation agencies, the development means that wealthy Nigerians acquired, at least, 130 private jets with a sum of N1.02tn ($6.5bn) within the last five years.

This put the private jets aviation market in Nigeria (the monetary value of all private jets in the country) at N1.18tn ($7.5bn), using $50m as the average cost of each brand new private jet.

A private jet goes for between $40m and $65m, according to the websites of major private jets manufacturers, like Bombardier of Canada; GulfStream and Hawker Siddley of United States; and Embraer of Brazil.

According to findings, the common brands of private jets in Nigeria are Gulfstream 450, 550 and 650; Bombardier Challenger 604, 605; Global Express; Embraer Legacy and Falcons; and Hawker Siddley 125-800 and 900XP.

Top aviation officials told our correspondent on Friday that Nigeria currently rivalled China as one of the two fastest growing private jet markets in the world.

An official with in-depth knowledge of the situation, who spoke under condition of anonymity because he was not authorised to comment on the matter, said most of the jets were bought by top politicians, oil magnates and other business moguls in Nigeria.

He explained that the economic downturn in Europe and the United States had made Nigeria and China to become two of the fastest growing private jet markets in the world.

He said, "Two countries buying private jets now are China and Nigeria. Europe and America are going through turmoil; so, their people are no more buying. This accounts for the trend that whenever some of the private jet manufacturers develop any new jet, they take them to Nigeria and China."

"The private jets in Nigeria are owned by top politicians, oil magnates and business moguls. It is difficult to get the real identities of owners of some of the private jets in Nigeria because they buy them through some foreign companies in North America, especially the US. The foreign company then leases it to another company in Nigeria."

Investigation by our correspondent also revealed that there were still several private jets on order by wealthy Nigerians. Some of the jets, it was learnt, would be delivered this year, while others would be delivered in 2013 and 2014.

A top official of the Nigerian Civil Aviation Authority, who asked not to be named, said representatives of the owners of the private jets on order had already notified the agency about the order. This, he said, was necessary for the purpose of registering the aircraft in Nigeria. According to him, some of the private jets also come with foreign registration credentials.

The Managing Director of Aero Airlines, Captain Akin George, had recently commented on the increasing number of private jets being parked at the Nnamdi Azikiwe International Airport, Abuja.

He particularly lamented the fact that most of the private jets carried foreign registration credentials. He had subsequently called on the authorities concerned in the country to make registration processes in Nigeria friendly and attractive.

During a recent visit to Abuja, our correspondent observed that over 40 private jets were parked at the terminal.

The CEO of another airline also said that during political meetings or big functions in Abuja, over 50 private jets were usually seen parked at the Abuja airport.

These, he said, were different from the ones parked at the Lagos and other major airports across the country.

"If you go to the old local wing at the Abuja airport, there is virtually no place to park private jets again," he said

Just on Thursday, a team of officials from the headquarters of Bombardier in Canada arrived at the Executjets Private Hangar at the Murtala Muhammed Airport, Lagos, to showcase one of their latest private jets, Global 6000.

The team was led by the Sales Director, Africa, Bombardier Business Aircraft, Mr. Robert Habjanic, who said that the team was on a tour of 12 cities in Africa, including Lagos. Habjanic, who spoke with a few aviation journalists, told our correspondent that Nigeria was the company's largest market in Africa, with about 35 Bombardier-made business aircraft currently flying its airspace.

He said the team had also showcased the relatively new business jet in other parts of the world.

He confirmed that "private business in Nigeria has been growing tremendously in the last five years."

He attributed this to the fact that "Nigeria is an emerging market."

The growth in the purchase of private jets in Nigeria has also led to the development of multimillion dollars private jets hangars, where repairs and maintenance could be done in the country. Some of these include Execujets Nigeria Hangar, Caverton Hangar and EverGreen Hangar, all located at the Lagos airport.

Speaking on the development, industry expert, Mr. Olumide Ohunayo, said, "The economy is expanding, with increasing investments within the country and the region. This will invariably necessitate instantaneous travel that scheduled airlines cannot provide.

"Also the privacy needed in a country filled with paparazzi can be an issue. Increasing political and religious issues are contributory. By and large, it will continue to increase if the economy continues with a lot of diversification inputs that naturally spread wealth."

Very documented and detailed info you got there.

tunapawizzy: Na wa o....we need to press reset button for dis country

NOOOOO ACTUALLY I THINK ITS REBOOT BUTTON WE NEED.

No so long the Air Nigeria was grounded now it's Arik Air. Which airlines are now in operation in Nigeria?! Dana is dead as I can recollect.

The country needs to be organized and re-organized!Jeez! Nothing works in that country. The corrupt rich and leaders are sending that country to an untimely death!

corruption will definitely bring this nation to its knees