The Nigerian Air Force, yesterday, signed a Memorandum of Understanding, MoU with Innoson Vehicle Manufacturing Company, IVM, Nnewi, Anambra state for research and production of spare parts for its fighter jets. The Chief of Air Staff, Air Marshal Sadique Abubakar, told newsmen in Nnewi, Anambra that the collaboration between the company and the Air Force […]
The Managing Director, Asset Management Corporation of Nigeria, Mr. Ahmed Kuru, has lamented that rich Nigerians who are indebted to the agency are still living big and flying around the globe in their private jets. He stated this while briefing the Senate Committee on Banking, Insurance and other Financial Institutions on efforts being made by […]
Europe’s giant aircraft manufacturer, Airbus, has asked suppliers on its A320 jet programme to slash prices by at least 10 per cent by 2019. This move is expected to make the company’s fast selling plane more competitive, three people familiar with the matter said. Airbus’ cuts are one part of an internal efficiency program called SCOPe+ that also […]
