Future of Nigeria Air Unclear

Recently, the Nigerian government has announced that the launch of its to-be national carrier Nigeria Air is suspended. After announcing its plans to start a new company at the Farnborough International Airshow on July 18, 2018, the authorities have failed to bring the project to life. 

The initial idea of having Nigeria Air launching by the end of 2018 was suspended. The announcement was made earlier this month but since no further details were given, speculations started that the attempt failed due to lack of investors. 

As a result, the government issued a statement on behalf of Nigerian Aviation Minister and signed by James Odaudu, Deputy Director, Media & Public Affairs to deny the rumors that the airline will not launch as result of lack of interest or available investors. The announcement even listed several well-known international players that are interested in the undertaking. The list includes financial institutions such as Standard Chartered Bank, African Development Bank and Afro-Exim Bank, airlines represented by Qatar air and Ethiopian Airlines, as well as the names of the leading aircraft manufacturers Boeing and Airbus. 

No further explanation, however, was given as to the future of Nigeria Air and whether this project will get to the skies at all.  

Source: Aerotime