The Federal Government on Friday pledged to formulate policies aimed at boosting the capacities of local airline operators.
The Minister of Aviation and Aerospace Development, Mr Festus Keyamo (SAN), gave the assurance at the 28th edition of the League of Aviation and Airport Correspondents (LAAC) Conference, on Friday in Lagos.
Keyamo also said that development of Maintenance Repair Organisation (MRO) facilities in some parts of the country was a priority of the government. According to him, MRO development will help in advancing the aviation industry.
Dr Thomas Ogungbangbe, the Chairman of the conference and Chief Executive Officer of CITA Aviation Fueling Ltd., said that the Nigerian aviation sector, like many others around the world, had been severely impacted by the macro-economic environment.
Ogungbangbe said that high cost of fuel, poor access to foreign exchange, weakening currency, and the constant need for maintenance and infrastructure improvement were some challenges to be surmounted.
In addition, the Chairman of LAAC, Mr Suleiman Idris , said that technology upgrades and passenger comfort were important for the growth of the aviation sector.
The theme of this year’s conference titled “Aviation Survivability Amidst a Challenging Macro-Economic Environment” was inspired by the challenging state of our economy, which has amplified the already existing constraints to growth and development of the country’s aviation sector,” he said.