Airline Operators Reject High Insurance Premium

Airline operators have
called on the Federal Government to address the high insurance premium paid on commercial aircraft by the Nigerian airline operators.
They decried the high premium which is having a negative effect on their operations as funds needed for other safety issues and training are used for payment of insurance on acquired aircraft.
Their position was contained in the communiqué issued at the end of the interactive forum with the domestic airlines by the Aviation Round Table (ART) in Lagos.
The communiqué signed by the president Captain Dele Ore, noted that insurance premium paid by the local operators was very high and worrisome and called on the relevant authorities and organisations to address the situation.
Ore emphasised that certification of the nation’s airports and other proactive economic indices by the government would go a long way in reducing the high insurance premium paid by airlines.
As at the moment, none of the federal government’s 22 airports is certified by the Nigerian Civil Aviation Authority (NCAA), a situation stakeholders and professionals have overtime insisted led to high insurance premium paid by the airlines.

Rivers State APC governorship candidate, Hon. Dakuku Peterside (left), completing his nomination/intent governorship forms at the party secretariat, Port Harcourt, yesterday. With him is State Chairman, APC, Dr. Davies Ibiamu Ikanya (right). Prince Dele Obinna