BUSINESS

Save Nigeria’s air cargo industry – Bi-Courtney urges investors

Save Nigeria’s air cargo industry - Bi-Courtney urges investorsInvestors should collaborate and consider investing in freighter – cargo aircraft – to save Nigeria’s domestic air cargo business.

Bi-Courtney Aviation Services Ltd., operators of the Murtala Muhammed Airport Terminal II (MMA2), made appeal in Lagos.

Mr Remi Jibodu, Bi-Courtney’s Head of Aeronautics and Cargo Services, spoke with the News Agency of Nigeria (NAN).

Jibodu said that dependence on the belly of passenger aircraft for cargo transport was retarding the growth of domestic air cargo business.

FG signs Cape Town convention to reduce airline costs

According to Jibodu, a viable air cargo transport system would require dedicated cargo aircraft – freighters, which are capital intensive.

He urged collaboration among investors to boost air cargo transport business, which he described as an untapped section of the aviation industry.

“Investors can align with passenger airlines which already have Air Operator Certificate (AOC), considering the challenge of regulation and that of having the freighters registered and certified.

“You do not have to set up an airline, you can put your aircraft under the AOC of an existing airline because most airlines already have certification for passenger and cargo,” he said.

On cargo tonnage at MMA2 on daily basis, Jibodu said that about 50 metric tonnes were transported daily via passenger aircraft belly.

“Belly cargo is subject to availability; so, it is either we increase the number of aircraft that carry passengers to increase the number of belly cargo, or we encourage people about freighters.

“A way to encourage them is to let them know the right equipment to use because the market is there.

Save Nigeria’s air cargo industry - Bi-Courtney urges investors“To use a jet aircraft at this point in time is an issue but propeller aircraft with a higher tonnage will help out. That is what we advise would-be investors.

“What we can guarantee from data we have is that there is a huge market,” Jibodu told NAN.

He said that Bi-Courtney would continue to collaborate with other stakeholders to ensure an enabling environment for a robust air cargo transport industry.

“We are at the forefront of this campaign to see that we bring in some freighters into this system.

“Many investors do not have information and are scared to invest; so, we are providing data,” he said.

He noted that at a recent Avia Cargo Conference, stakeholders acknowledged the need for improved capacity for domestic air cargo business.

He also called for Federal Government’s support.

Back to top button