Medview ‘suspends’ operations as all planes go on maintenance. |Anyigbaleft

Medview Airlines, one of Nigeria’s major carriers has suspended its operations as all its aircraft have gone out on maintenance, BusinessDa...

Medview Airlines, one of Nigeria’s major carriers has suspended its operations as all its aircraft have gone out on maintenance, BusinessDay’s checks show.

The ‘suspension’ which was observed recently has left workers and shareholders worried over the situation of the airline.

Sources close to the airline said the development may be connected to the airline’s only operating aircraft, B737-500, suddenly going out-of-service.

The management of the airline had said the “downtime” was momentary, as the technical issues were due to be resolved for operations to resume shortly.

Med-View is the only local commercial operator on the Nigerian Stock Exchange (NSE). But the airline has lately been in dire straits, posting at its last July annual general meeting a record after-tax loss of N10.33 billion, a 293 per cent drop from 2017 profit.

This development is coming after the airline’s major source of revenue, Hajj to Saudi Arabia was marred with controversies, following the accusation from Med-View Airline, one of the major players in the exercise, against the National Hajj Commission of Nigeria (NAHCON).

A source close to the airline accused NAHCON of breaching its contractual agreement with it on the airlifting of pilgrims to Saudi Arabia, which prompted the carrier to petition the Presidency on the alleged breach.

Documents with various dates by a source close to the airline, alleged that NAHCON through Abdullahi Mukhtar, its Acting Chairman, acted “wickedly, in contravention of the agreement and frustrated” Med-View Airline from continuing with the exercise.

This is as a source in NAHCON said that the on-going hajj exercise was flawed with “personal interests.”

Source: Businessday

COMMENTS

Data
Data
Data



Name

#BBNAIJA,41,#KANORERUN,6,#Ultimatelove,1,AFRICA,2,Articles,21,AVIATION,1,BUSINESS NEWS,18,CAMPUS GIST,29,CELEBRITY GIST,33,Coronavirus,56,Easther,2,EDUCATION,9,EDUCATIONS,15,Eid,1,Eid El Fitr,2,EID EL KABIR,3,ELD-EL-FITR,2,Entertainment,77,Football,74,GIST,19,HEALTHS,35,INTERNATIONAL NEWS,2,JambResults,1,KOGI DECIDE 2019,134,LATEST KOGI GIST,512,MARKETS,1,METRO,4,News,1223,NEWS AFRICA,29,NYSC MOBILIZATION,2,OPINION,103,Politics,288,Ramadan,4,RERUN ELECTION,7,Senates,9,SKILLS,1,SMART TIPS,4,Sports,181,Technology,5,Top,974,Topics,2,WELLNESS,1,WORLD,50,
ltr
item
ANYIGBALEFT: Medview ‘suspends’ operations as all planes go on maintenance. |Anyigbaleft
Medview ‘suspends’ operations as all planes go on maintenance. |Anyigbaleft
https://1.bp.blogspot.com/-B6PR9c-2zSc/XWA6gNuvkwI/AAAAAAAAEyA/nxrqpsCGK1ATF7dvKccCZOofGolmxu4PgCLcBGAs/s320/Medview-Airline-750x411.jpg
https://1.bp.blogspot.com/-B6PR9c-2zSc/XWA6gNuvkwI/AAAAAAAAEyA/nxrqpsCGK1ATF7dvKccCZOofGolmxu4PgCLcBGAs/s72-c/Medview-Airline-750x411.jpg
ANYIGBALEFT
https://www.anyigbaleft.com.ng/2019/08/medview-suspends-operations-as-all.html
https://www.anyigbaleft.com.ng/
https://www.anyigbaleft.com.ng/
https://www.anyigbaleft.com.ng/2019/08/medview-suspends-operations-as-all.html
true
1455395820280625911
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy