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Executive calls for reforms in aviation sector

03 June 2015, 09:02 Augustine Osayande

Abuja - The Managing Director of Dana Air, Jacky Hathiramani, has called on the new administration of President Muhammadu Buhari to improve aviation policies in the country.

He emphasized the need for the government to urgently build an aerospace Maintenance, Repair and Overhaul (MRO) facility to safeguard capital flight.

“The absence of a functional MRO facility in Nigeria is depleting the nation’s foreign reserve given that airlines periodically take aircraft in their fleet to far flung countries for heavy maintenance,” Hathiramani said.

Hathiramani commended Buhari for his integrity, passion, resilience as well as his determination, which he said led to his historic victory at the polls and eventual inauguration as the President and Commander in Chief of the Armed Forces.

He noted that Buhari’s message of “Change” resonated with the vision of Dana Air and the yearnings of many in the aviation industry, given that the President had promised to appoint technocrats to run the different aspects of the economy including the aviation sector.

Also Read: Airspace agency praised for enhancing service delivery

Hathiramani expressed optimism that Buhari’s administration would build on positive achievements of successive governments to deliver well-designed aviation network with potential huge benefits for users, as well as for growth and investment in the wider economy.

He maintained that the government should also consider aviation fuel hedging for the domestic airlines to help them offset any possible losses in the short term while efforts are on to revamp the refineries and called for provision of special intervention funds as single digit interest loans for airline operators.

“The initiative will aid availability of working capital for the airlines and improved liquidity,” He said
Hathiramani charged the Buhari administration to review current multi designations approved for foreign carriers as most of them operated without reciprocity to different cities.

“Instead, the government should encourage the international carriers to form alliances with the domestic operators to strengthen the sector.”

- CAJ News

Tags aviation

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