• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Medview Airlines says EU ban is not total

Onome Ohwovoriole by Onome Ohwovoriole
May 18, 2017
in Business News, Company News
What We've Learnt So Far From Medview Listing
Share on FacebookShare on TwitterShare on Linkedin

RelatedStories

AfreximBank approves $200 million finance facility to BUA Group for expansion projects 

Afreximbank to support Nigerian airlines with 25 aircraft through dry lease financing 

January 16, 2025
opay

Opay Redefines Customer Service With Innovative Solutions And Expanded Accessibility

February 26, 2024

Nairametrics In a statement issued yesterday on its twitter handle, Medview airlines says its EU operations are operating as scheduled as the ban is a partial one. Here is a summary of the press release:

  • The airline’s flights to London have continued as scheduled.
  • The EU ban is a partial one as Medview can still operate with a ‘wetleased’ aircraft from an airline not subject to the ban.
  • Medview uses a wetleased’ aircraft for its London operations.
  • The airline has secured another wet leased aircraft from an EU member state to boost its foreign operations.

The statement does not mention the name of the airline that Medview is leasing its plane. Wetleasing of an aircraft involves using airline’s aircraft and crew for a fee. Other charges such as maintenance and insurance often form part of the wet lease agreement. While wet leasing is a common aviation practice, for Medview it will have several implications. The company will be at the mercy of foreign exchange volatility, as its revenues are in Naira while its costs are in dollars. A depreciation of the Naira against the dollar could lead to the airline running at a loss on the route.

Tags: Aviation NewsFinancial Services
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

Related Posts

AfreximBank approves $200 million finance facility to BUA Group for expansion projects 
Aviation

Afreximbank to support Nigerian airlines with 25 aircraft through dry lease financing 

January 16, 2025
opay
Corporate Updates

Opay Redefines Customer Service With Innovative Solutions And Expanded Accessibility

February 26, 2024
Nigeria, Africa require 54,000 technical personnel in aviation in 20yrs – Expert
Aviation

Nigeria, Africa require 54,000 technical personnel in aviation in 20yrs – Expert

September 15, 2023
Captain Lola Odujinrin, Aviation
Corporate Updates

Aviation should be a Catalyst for Africa’s social development –  Captain Lola Odujinrin

August 24, 2023
Airlines increase ticket fare by 100% as passengers face hard times
Aviation

Aviation Workers Suspend Strike As NCAA Intervenes

August 16, 2023
How to manage your life insurance policy
Metrics

10 things you must know before you buy insurance in Nigeria

January 15, 2023
Next Post
2016 Budget: FG Will Focus On 34 Priority Projects

Full Excerpt of the Executive Order on Ease of Doing Business

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • FG to tap into the $90 million global market for Electronic Navigational Charts – Matawalle 
  • GTBank loses N970m debt case against MKO Abiola’s son, RCN Networks
  • Top 10 Nigerian companies with the largest number of employees as of 2024 

Follow us on social media:

Recent News

Bello Matawalle, Zamfara state

FG to tap into the $90 million global market for Electronic Navigational Charts – Matawalle 

June 21, 2025
GTCO Plc hits 52 weeks high as stock rises to N38.5 per share

GTBank loses N970m debt case against MKO Abiola’s son, RCN Networks

June 21, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics