The Managing Director of Medview Airlines Muneer Bankole has asked the federal government to facilitate the citing of Maintenance, Repair and overhaul facility in Nigeria.
Bankole said the move would reduce operating cost for domestic airlines. The Airline Operator made this known during the Annual General Meeting of the carrier.
Lilian Eze-Mark reports that Nigerian airlines are challenged by scarcity of foreign exchange, devaluation of the naira, high operating cost and multiple taxes among others.
Lack of access to cheap funds is a key factor impending the growth of the capital intensive business.
Bankole is not happy with the high cost and scarcity of aviation fuel which led to the disruption of flight operations last year.
Meanwhile, European Aviation Safety Agency (EASA) has banned Medview from flying into EU airspace for safety reasons.
But the airline has clarified the EASA restrictions, saying it’s London operations are not affected since the carrier operates a wet leased aircraft.
He added that it has withdrawn the B767 aircraft EASA used as a basis for the restrictions.