The Federal Government on Monday commenced the process of establishing the Aviation Leasing Company and the Maintenance Repair and Overhaul, MRO, facility.
Officials of the Ministry of Aviation, Federal Airports Authority of Nigeria, Infrastructure Concession Regulatory Commission, Federal Ministry of Finance, Aviation Labour Unions, Transaction Advisers and prospective investors were in attendance.
The Director, Public Affairs, Ministry of Aviation, James Odaudu, said in a statement the processes for the establishment of both the Aviation Leasing Company and the MRO facility were components of the Federal Government’s aviation sector roadmap.
Ethiopian Airlines and a consortium of A. J. Walters/Glovesly/Egypt Air were shortlisted for its proposed aircraft Maintenance Repair and Overhaul facility.
The consortium of A. J. Walters/Glovesly/Egypt Air was also shortlisted as the preferred bidder for FG’s Aviation Leasing Company.
Odaudu said the companies were selected during a process that involved officials of the Ministry of Aviation, the Federal Airports Authority of Nigeria, Infrastructure Concession Regulatory Commission, Federal Ministry of Finance, aviation labour unions, transaction advisers and prospective investors.
“At the end of the conferences, one company, a consortium of A. J. Walters/Glovesly/Egypt Air was shortlisted out of three for the Aviation Leasing Company. For the Maintenance Repair and Overhaul facility, two companies namely: A.J. Walters/Glovesly/Egypt Air and Ethiopian Airlines were shortlisted out of seven that expressed interest,” he said.
The Director, Planning, Research and Statistics and Chairman of the Project Delivery Team, Alhaji Muhammad Shehu, was quoted as saying the process marked another phase of the Federal Government’s determination to ensure the realisation of the projects.
He pledged a transparent process leading to the actualisation of the projects which are being executed through public private partnerships.