• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Sectors Aviation

We’ve cleared Aero Contractors to resume scheduled services – NCAA

Charles Ayodele by Charles Ayodele
November 29, 2022
in Aviation
We’ve cleared Aero Contractors to resume scheduled services – NCAA
Share on FacebookShare on TwitterShare on Linkedin

The Director-General of the Nigerian Civil Aviation Authority (NCAA), Capt. Musa Nuhu has confirmed that the regulatory agency has cleared Aero Contractors to resume scheduled services. 

Speaking with our correspondent on Tuesday in Abuja, Nuhu said that the NCAA signed a Memorandum of Understanding (MoU) with the airline on the payment of its outstanding 5% Ticket Sales Charge (TSC). 

Nuhu also clarified that the airline was not grounded and that it never had safety issues. Rather, he said the airline was grappling with financial challenges which, if not quickly nipped in the bud, may degenerate into safety issues. 

MoreStories

FAAN

FAAN to deploy cargo truck call-up system at MMIA in 18 months 

February 6, 2026
FAAN

Lagos air cargo operators split over FAAN’s N20 tariff increase

February 6, 2026

Audit findings: Nuhu also stated that during its audit of the airline, the NCAA discovered minor issues with its operations, which he said had been addressed by the airline’s management. He said:

  • “Aero Contractors was not grounded based on safety issues. We did an audit of them because whatever audit you do, you have findings and they were all minor findings. There were no Level 1, 2, or 3 findings. They were very insignificant. We notified them. We audited them and we found out that the issue they had was financial sustainability. 
  • “Aviation is safety sensitive and whenever you have financial difficulty, it is just a matter of time before you will not be able to comply with all the regulatory requirements and some may start cutting corners. So, before the financial issue becomes a safety issue, we discussed it with them. And they, on their own before we took any action, agreed with our findings and suspended their operations to enable them to reorganise and get some funding to get more equipment. 
  • “That is what they have done, we sat with them, they submitted, we asked for projection, which they did, and we reviewed. The first one wasn’t good enough, they had to go and review it and it was quite satisfactory. We had an MoU with them for payment of the outstanding 5% on the Ticket Sales Charge (TSC). So, they are fine. As far as we are concerned, they can resume operations.” 

Safety compliance: Nuhu also said that the NCAA was intensifying compliance with safety rules and recommended practices through the monitoring of all organisations, including the airlines. 

  • He, however, regretted the impact of the Covid-19 pandemic on the operations of the airlines, which he said put the airlines and other operators in the industry in a more precarious position. 
  • Besides, Nuhu decried the foreign exchange and Jet A1 challenges bedevilling the industry, stressing that these further put the industry on the edge. 
  • “A lot of the airlines didn’t globally survive Covid-19 and some are still being affected by the impact of Covid-19,” he said. 

The backstory: Nairametrics had previously reported on Monday that Aero Contractors would return to operations the first week in December 2022 after four months of suspension of operations. 

  • The airline had voluntarily suspended services on July 20, 2022, while efforts made to return to operations after the arrival of some of its aircraft that went for scheduled maintenance outside the country were futile. 
  • The airline would return to service on Monday, next week, December 5, 2022. 

Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Aero ContractorsNCAA
Charles Ayodele

Charles Ayodele

Next Post
Buhari orders AGF, RMFAC boss to immediately implement enhanced salary for judicial officers

Presidency pushes legalisation of welfare schemes as Buhari sends Social Investment Bill

Comments 2

  1. Snr Naijaman says:
    November 29, 2022 at 9:00 pm

    Wow. Am happy for Aerocontractors. One of the old reliable airlines. Indeed Aero is a reliable way to fly… Come back with full force and take your place.

    Congratulations 👏 🎊

    Reply
  2. Mew says:
    November 30, 2022 at 12:22 pm

    Congratulations Aero team….well come.back….wishing u all de best…..but don’t forget to fly Uyo….again….

    Reply

Leave a Reply Cancel reply

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

rabafast

access bank
nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 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
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics