beerfraud:
This Hundeyin will surely end up like Nnamdi Kanu that is caged inside DSS facilities

MrBrownJay1:


do you have any better airline IN NIGERIA that you want to use as a comparison OR do you want to continue foolishly comparing this almost inexistant brand new National carrier with a giant of Africa like Ethiopian airline?

pls do put your misplaced sentiments aside and use logic. ethipian airline have 142 planes in circulation (flying all over the world), yet you people want this yeye Nigerian national Carrier to be compared to these giants? abeg learn how to walk before you can remotely think of "running".

MrBrownJay1:
EDUCATE YOURSELF ON THE AIRLINE INDUSTRY!!!!
unless you are a top company like Air France, Emirates etc, most new/small airlines company's aircraft are rented and/or bought (on credit) from failing airlines or from airlines that want to upgrade their fleet.

you think AIR PEACE own their planes....? they mostly got their planes from a Latvian CHARTER company called Smartlynx. Smartlynx own their planes not Air Peace.

Rebuker:




Good, you may have a good point there. However, my question is, how much was spent in "renting" the plane and what exactly was the initial plan: buying a new plane or renting an old one?

RealLordZeus:

Hadi Siroka fvked up true true coz its a case of what is ordered vs what was delivered but what David wrote is not new
Ethiopian Airlines manages Nigeria Air , so If the airplane is registered under their name, there is no story

Jeezuzpick:
Why didn't FG just tell us all this?
Air Peace is a business. Mr. Allen is making money and a good name for himself.
If FG wants to provide an international flight service, they should please not call it a "National Carrier".
In fact, it would have been better for national pride if they had rebranded one or two planes in the Presidential Airfleet.

naturefellow:
there's nothing you can say or do to defend this fraud by a corrupt government official.

AngelicBeing:
You have spoken and explained intelligently enough, abeg ignore most of the people quoting you, they don't understand how the airline industry operates, kudos to you for your detailed information,

RealLordZeus:
This is not an expose, FG already admitted they concessioned (don't know if its the right word) Nigeria Air to Ethiopian Airlines after bidding.
https://punchng.com/nigeria-air-why-fg-picked-ethiopian-airlines-minister/

Jeezuzpick:


Why didn't FG just tell us all this?

Air Peace is a business. Mr. Allen is making money and a good name for himself.

If FG wants to provide an international flight service, they should please not call it a "National Carrier".

In fact, it would have been better for national pride if they had rebranded one or two planes in the Presidential Air fleet, then handed those over to Ethiopian to manage.

I have read some of your posts. You seem knowledgeable about the subject matter.

A question please: is IBOM AIR also using planes that belong to another airline?

Ykc2:
the same man that bought 10 fire fighting trucks for 12 billion naira the same man went to Ethiopia and hired 11 years old planes from Ethiopia ? ,god who did we Nigerians offended?to imagine that some people are suppo the minister still baffles me

TheDemola:



https://twitter.com/DavidHundeyin/status/1662099897556824067?s=19

Earlier: https://www.nairaland.com/7703446/nigeria-air-finally-arrived-abuja

casualobserver:


Their a320s are wet leased

TheDemola:



https://twitter.com/DavidHundeyin/status/1662099897556824067?s=19

Earlier: https://www.nairaland.com/7703446/nigeria-air-finally-arrived-abuja

MrBrownJay1:


ANY airline carrier is there to MAKE MONEY... nobody buys planes and fly people around the world AT A LOSS, for pride. this is a business venture and no business venture can succeed if they are constantly losing money.

the government would just have to take money from the country's coffer to bail that failed airline out, each and every time.

dont know nothing about fraud, i am just talking about the AIRLINE INDUSTRY and how it works.



yes seems like it... thanks

MrBrownJay1:


ANY airline carrier is there to MAKE MONEY... nobody buys planes and fly people around the world AT A LOSS, for pride. this is a business venture and no business venture can succeed if they are constantly losing money.

the government would just have to take money from the country's coffer to bail that failed airline out, each and every time.

dont know nothing about fraud, i am just talking about the AIRLINE INDUSTRY and how it works.

yes seems like it... thanks

Alexandersantos:
why do they make us believe they owned it in the first place

Jeezuzpick:


I've read that.

I've also been on a wet-leased plane before. Arik flight (ABV-LOS). The plane wasn't branded Arik, the crew were French guys.

Anyway, what of the other IBOM AIR planes?

If the state actually owns most of just 2 planes, I'm sure Nigeria can, as well.

casualobserver:


Regarding your earlier post. There is no plane in the presidential fleet that can be used for commercial service. They are all private jets. Even the presidential 737 only seats about 20

As for ibom air’s other planes I don’t know the status, I doubt they can afford to own them outright. If they are then it is very stupid of Akwa ibom to purchase new planes outright.


A new plane can cost anywhere between $100m and $400m. Let’s say we are talking about a new 737 @ $100m or a used one @ 50m. In a country like Nigeria you have that sort of money and all you get is one plane, what about the other costs associated with setting up an airline, How long will you have to operate to break even?

On the other hand you can lease 5 737s at approx $1-1.5m a month. Does that not make more sense while you are still starting up. You have 5 planes, you can service more routes, your financial outlay is less and your commitment is less because you can lease a plane for a year and renew or have the flexibility to lease other types of planes if things don’t pan out as planned after a year. But if you have already spent $100m to BUY your plane and business is anot as good as you thought or you find the planes are not adequate for your route, you are stuck with the plane.

NobleSeed:
E get the kind scam way APC never scam Us? 😂
Belike the scamming pro max go soon start seif.

Karlifate:


Speech that is acceptable today, may be unacceptable tomorrow, and vice versa.


In 1940 Germany, saying negative things about Hitler could get you killed.

In 1950 Germany, saying positive things about Hitler could get you thrown into prison.


Everything is temporary.


Regimes, Overton Windows, Societies, Power, Wealth, Status, Love, Hatred...

...all of these things fade to nothing, sooner OR later.



May 29 is knocking on the door already.

MasterTeeUSA:
Some of these investigative journalists are just as dumb as the people they claimed to be investigating. Any small google would have turned up what you said...but gullible Nigerians that read only tweets wont research. I had to tell someone that yes...Ethiopian Airlines has 50% stake and it makes a lot of sense because they already have the license for many things...why do through all that? Ethiopian Airline is one of the best in the world. We should encourage partnership between African countries.

Kukutenla:

Sorry pls. What's the point of having Nigeria Air exactly if this is the case?

spiralwedge:
Thunder fire haters and cursers of this country like Hundeyin and all Obi people.

Anytime they see good news, next thing is to start looking for how to discredit it and mock it. Smh

Alexandersantos:
why do they make us believe they owned it in the first place

MasterTeeUSA:
You have to serve before you can be served. If we can make this concession work, it would create avenues to expand into the near future. You asked a good question...we have to walk before we run. The problem in the past is...we try to run as a baby and end up falling flat. It is a big move...a signature move and another way to bring forex into the country. I hear everyone talk about the billions of Naira spent...if this partnership is right, did they calculate how much we stand to benefit with multiple aircrafts. Nigerians want direct flights and this is one way to achieve that. United Airlines just started direct from Virginia and Delta fly direct from Atlanta...they make so much money from us annually.