• 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 Sectors Aviation

United Airlines partner foreign firm to establish aircraft Maintenance, Repair and Overhaul facility in Nigeria 

Aghogho Udi by Aghogho Udi
November 4, 2024
in Aviation, Sectors
United Airlines partner foreign firm to establish aircraft Maintenance, Repair and Overhaul facility in Nigeria 
Share on FacebookShare on TwitterShare on Linkedin

United Nigeria Airlines and Cronos Airlines have entered into a strategic partnership to establish a Maintenance, Repair, and Overhaul (MRO) facility in Nigeria, aimed at reducing operational costs and boosting the global competitiveness of Nigerian airlines.

As part of the collaboration, both airlines signed an interline and codeshare agreement through a Memorandum of Understanding (MoU) in Lagos.

Speaking at the signing ceremony, United Nigeria Chairman and CEO, Prof. Obiora Okonkwo, highlighted the absence of main base maintenance facilities for aircraft within Nigeria, with only line maintenance services currently available.

RelatedStories

Six passengers, two crew members seriously injured in United Airlines Lagos emergency landing 

“It dropped so fast”: Passengers recount terrifying United Airlines emergency landing in Lagos

January 27, 2025
Six passengers, two crew members seriously injured in United Airlines Lagos emergency landing 

Six passengers, two crew members seriously injured in United Airlines Lagos emergency landing 

January 24, 2025

Okonkwo noted that only line maintenance services are currently available within Nigeria, with no facilities for main base maintenance. While he did not disclose the setup costs for the new facility, he mentioned that basic aircraft maintenance outside Nigeria typically costs at least half a million dollars, excluding any major repairs.

Okonkwo expressed confidence that establishing an MRO facility in Nigeria would help operators avoid the high costs of sending aircraft abroad for maintenance, while also conserving the country’s foreign exchange reserves.

He added that having such a facility locally would address flight delays caused by Aircraft on Ground (AoG) situations and related operational challenges.

He said, “As you may know, we do not have in Nigeria an MRO to do main base services, we can only do line services in some of our fleets.” 

“They have to fly across countries to be serviced. This is costing us a lot of resources. These are things that impact on the overall cost of operations.” 

“We have no doubt that with this, we should not only be saving cost of operation for United Nigeria, we would also be offering services to other operators who might require it.” 

“That will also help the nation to save our scarce foreign exchange and open up a new door for other aspects of strong participation in our nation, because other countries will also visit us to enjoy or benefit from our services.” 

Okonkwo praised the Nigeria Civil Aviation Authority for its established regulatory procedures.

Benefits of the interline and codeshare agreement  

Regarding the airline’s regional and international operations, he stated that the interline and codeshare agreement would enable the airline to establish necessary infrastructure and take essential steps to integrate its services.

  • He highlighted that this would strengthen regional operations, enhancing air travel within the region and supporting commercial activities
  • The Chief Executive Officer of Cronos Airlines, Mr. Andreas Kaiafas, explained that the partnership stemmed from a need to address the regional gap in aircraft maintenance. He noted that the facility would serve not only Nigerian airlines but also others across the region, with a focus on optimizing costs.
  • Kaiafas highlighted the current challenges, pointing out that it typically takes five to six hours to position aircraft for maintenance.

He emphasized that reducing this to a two-hour flight within the region would ease logistical hurdles, such as visa issues and hotel accommodations, which significantly drive up operational costs.


Follow us for Breaking News and Market Intelligence.
Tags: Cronos AirlineMROUnited Airlines
Aghogho Udi

Aghogho Udi

My name is Aghogho Udi, a writer, journalist, and researcher, deeply intrigued by the political economy of Nigeria and the broader African context. My focus lies in shedding light on the intricate connections between macroeconomics and politics, offering valuable insights that foster comprehension of Africa's prevailing economic landscape and the world in general.

Related Posts

Six passengers, two crew members seriously injured in United Airlines Lagos emergency landing 
Aviation

“It dropped so fast”: Passengers recount terrifying United Airlines emergency landing in Lagos

January 27, 2025
Six passengers, two crew members seriously injured in United Airlines Lagos emergency landing 
Aviation

Six passengers, two crew members seriously injured in United Airlines Lagos emergency landing 

January 24, 2025
food importation, President Bola Tinubu
Manufacturing

FG to prioritise local processing of raw materials for job creation

September 26, 2023
Azman Air, NCAA
Aviation

Azman Air Shuts down operations over aircraft maintenance failures

August 10, 2023
FG approves tax exemption, single-digit loan rates for investors to boost Nigeria’s sports value chain
Aviation

Aviation: Nigeria to generate $185 million with establishment of Maintenance Repair and Overhaul (MRO) centre

October 13, 2022
United Airlines de-boards Nigerian passenger over dysfunctional toilet, blanket, barred from flying carrier
Aviation

United Airlines de-boards Nigerian passenger over dysfunctional toilet, blanket, barred from flying carrier

October 4, 2022
Next Post
NNPC begins lifting refined petrol from Dangote Refinery as scheduled distribution kicks off 

Petrol hike: Consumers struggle as Dangote Refinery, marketers clash over fuel supply, pricing 

Leave a Reply Cancel reply

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

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • 2025 UTME: JAMB directs candidates who missed rescheduled exam to raise support tickets 
  • New Zealand to scrap certified translation requirement for visitor visas from May 26
  • Witness testifies in EFCC’s alleged N1.9bn fraud case against Works Ministry Director, Surveyor 

Follow us on social media:

Recent News

2025 UTME: JAMB to investigate mass complaints over low scores and technical issues 

2025 UTME: JAMB directs candidates who missed rescheduled exam to raise support tickets 

May 17, 2025
New Zealand

New Zealand to scrap certified translation requirement for visitor visas from May 26

May 17, 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