DAILY BUSINESS NEWS BRIEF – FG Begins Negotiation for Acquisition of Aircraft for National Carrier

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FG Begins Negotiation for Acquisition of Aircraft for National Carrier
Minister of State, Aviation, Senator Hadi Sirika announced Tuesday that government has started negotiation for the acquisition of aircraft that would be used to run the planned national carrier.The new airline will be unveiled tomorrow at the Farnborough Air Show in the United Kingdom.The Minister said he had earlier met with Standard Chartered Bank to discuss funding for the aircraft acquisition.But industry experts who reacted to the level of discussion with the aircraft manufacturing companies expressed reservation about the timeliness of the delivery of the equipment.They said that when aircraft are ordered the manufacturers need time to manufacture them.Read More…]

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