Tag Archives: Operator

We need govt intervention urgently to save our business from from collapsing- Airline operator

Managing Director, Aero Contractors, Captain Abdulahi Mahmood has called on the Federal Government to come to the rescue of indigenous carriers , which are getting overwhelmed with numerous challenges. Mahmood said the challenges faced by operators need urgent intervention to save them from collapse. The Aero Contractors boss , who decried the persistent aviation fuel crisis, said the airlines are ...

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Insurance operators conclude share capital increment exercise

As a of National Insurance Commission’s (NAICOM) proposed changes to the minimum regulatory requirement on paid-up capital for market expansion, some operators are concluding share capital increment exercise. Speaking on this, the Chief Executive Officer, AXA Mansard Insurance, Kunle Ahmed, said that paid-up capital is a form of corporate reorganisation, which involves making substantial changes to a company’s capital structure. ...

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