Nigeria’s National Carrier, Nigeria Air, is set to finally take to the skies in April 2022, following the approval of the outline business case for the establishment of the national carrier by the Federal Executive Council (FEC)
Nigeria’s Minister of Aviation, Senator Hadi Sirika says the national carrier will be run by a company in which the Nigerian government will hold a 5% stake, Nigerian entrepreneurs holding 46%, while the remaining 49% will be reserved for yet to be assigned strategic equity partners, including foreign investors.
Further, Nigeria Air, when operational, will create about 70,000 jobs for Nigerians.
Elsewhere, Kenya’s national carrier, KQ has signed a Strategic Partnership Framework \ with South African Airways (SAA), a key milestone towards co-starting a Pan African Airline Group by 2023.
The partnership framework follows the Memorandum of Cooperation (MoC) that the two airlines signed two months ago to foster the exchange of knowledge, expertise, innovation, digital technologies, and best practice between the two airlines.
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