Home » Africa: Boeing Pledges Support to Strengthen Aircraft Insurance and Boost Stability for Nigerian Airlines

Africa: Boeing Pledges Support to Strengthen Aircraft Insurance and Boost Stability for Nigerian Airlines

by Atqnews
0 comments
Aircraft Insurance

Boeing International Corporation has expressed its commitment to supporting Nigerian airlines in securing adequate aircraft insurance by collaborating with reliable lessors and global financiers.

According to gazettengr.com, Moore Ibekwe, Boeing sales director, Africa Region Commercial Airlines, disclosed this in Dublin, Ireland, during the start-off meeting of the ‘Boeing Lessor Forum’ holding between January 12 to 15.

According to Mr Ibekwe, such efforts will contribute significantly to enabling Nigerian airline operators to mitigate risks and guard against losses.

READ: Africa: Aviation Vlogger Sam Chui Observed that Nigeria’s Commercial Aviation Operates Old Fleets due to Financial Constraints and Insurance Challenges

“One key aspect of aviation insurance in Nigeria is the requirement for aircraft operators to maintain adequate insurance cover. Boosting the capacity of aviation insurance in Nigeria is essential to ensuring stability and safety through financial soundness of insurance operators in the sector.

READ: Africa: Aviation and Marine Insurance Resilience Stressed by President of Chartered Insurance Institute of Nigeria; Urges Strengthening in Nigeria through Risk Assessment and Innovation

“This meeting is part of efforts the Nigerian government is making to address issues related to aircraft insurance in the aviation sector,” he said.

He praised Nigeria for securing the first position in the Cape Town Convention compliance index rating in Africa.

The director added that tracking funds by lessors is no longer an issue in the Nigerian aviation sector.

Speaking, Rose Lereece, the organiser of the ‘Nigerian Aviation Forum’ start-off meeting, urged the delegation from Nigeria to take advantage of the opportunities offered by the event to attract businesses that would advance the Nigerian aviation sector.

You may also like

Leave a Comment

ATQnews.com

ATQnews.com® a member of Travel Media Group is the online platform for African Travel Quarterly (ATQ), the first travel magazine in West Africa which solely focuses on travel and tourism issues. 

ATQNEWS

Latest News

ATQNEWS @2024 – All Right Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00