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Medview Airlines to commence flights between Lagos/Houston - NIGERIAN TRIBUNE

APRIL 15, 2018

BY  Shola Adekola

Nigerian travellers may soon begin to enjoy the dividends of the Open Skies agreement existing between Nigeria and the United States as Medview Airline has concluded plans to commence flight operations between Lagos, Nigeria and Houston in the US.

This is just as the airline has airlifted over 3.5 million passengers on all the local routes it operates since its inception.

Announcing this at its 2017 Annual General Meeting (AGM) in Lagos, the Managing Director of the Airline, Alhaji Muneer Bankole in the airline’s 2017 annual report and financial statement  said the airline recorded an increase in turnover of 42 per cent at N36.961 billion from N26.039 billion  recorded in 2016 and an increase in profit after tax of 63 per cent at N1.255 billion from N772 million in 2016.

 

According to Bankole, though there were no exceptional costs within the period, the company’s development was focused on combining controlled growth with managing and reducing business risk.

Speaking on the regional routes the airline operates, Bankole stated: “We fly to Accra (Ghana), Freetown (Sierra Leone) and Monrovia in Liberia. We started flying to the Francophone West African cities of Abdijan, Conakry and Dakar effective October 27, 2017. Our direct international routes cover Dubai, Jeddah and London.

 

 

The managing director who categorised the airline’s strategies into three areas, identified its international management skill as one of the reasons the airline is standing tall against all odds.

 

“The company’s management team is committed to achieving the greatest result by offering the best solutions in volatile business environment like Nigerian market. This is characterised by the years of experience in different of aviation, business management and constant staff training. The company has been able to maximize returns thus, surpassing revenue projections.”

Other two strategies include the ability of the company to explore overseas market by expanding its routes to include more regional operations. Efforts are being made to include other major economically viable routes . As promised, the company will deliver on its mandate to be the number one ‘Airline of Nigeria’.

The third strategy according to Bankole is that the company in its quest to compete with the best airlines around the world is “in negotiations to acquire two modern aircraft ,Boeing 777-200 ER and Boeing 737-800 for its international  and intercontinental flight operations.”A combination of stable internal growth and increasing exposure to new investment opportunities give the Board confidence as to Medview Airlines future projects. I a delighted at the milestones achieved in 2017.”

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