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Published 7 February 2021
The Managing Director/Chief Executive Officer of Seven Star Global Hangar, Mr Isaac Balami, who is also President of the Association of Aircraft Maintenance Organisation of Nigeria, speaks to JOSEPH OLAOLUWA on some of the issues affecting aircraft maintenance in the aviation industry
The
issue of Maintenance, Repair and Overhaul has continued to drag on in Nigeria; a lot of airlines have complained of the cost of maintaining an airline in the country. How can we address this issue as a nation?
It pains me so much to see over a $1bn wasted on capital flights every year in the region. This includes the military, paramilitary, scheduled and cargo airlines. We are depriving ourselves the opportunity to grow and also our youths are jobless. We export our jobs everywhere when we have competent hands in-house that can do these things. The enabling environment is what is lacking.
defenceWeb
Written by Guy Martin -
A Rooivalk hovers outside Denel s premises in Kempton Park.
Denel Aeronautics recorded a R61 million loss in the 2019/20 financial year on revenue of R770 million.
For the previous financial year, the division made a R17 million profit, according to the latest Denel annual report.
Exiting the aerostructures business is set to save Denel hundreds of millions of rands per year. According to the annual report, exiting Denel’s aerostructures manufacturing business, which was expected to be largely concluded by the end of July 2020, resulted in an annualised savings benefit of R260 million.
As part of the exit and winding up of Denel Aerostructures, the Ribs Spars and Sword work package for the Airbus A400M Atlas transport was successfully transferred in September 2019, along with two work packages for other customers.
The airline has been under provisional liquidation since April 2020. 15:40
The purchase price for the airline is R50m and it needs R250m in start-up capital. Image: Tod Burns
State-owned regional airline SA Express’s provisional liquidation has been extended to April 29, 2021. The announcement comes eight months after the airline was placed under provisional liquidation when its business rescue process failed.
In a bid to save the airline from being placed under final liquidation, a worker-owned entity called Fly Sax was chosen as the preferred bidder for the purchase of the airline in October last year.
In a circular to the airlineâs creditors on Monday, provisional liquidator Aviwe Ndyamara said the sale agreement with the bidders has not yet been concluded, adding that a number of the airlineâs licences have expired due to the ceasing of operations.