Medview may resume operations after 2 years in limbo | Dailytrust

Medview may resume operations after 2 years in limbo

Med-View Airline
Med-View Airline

There are plans by Med-View Airline PLC to restart operations after over two years of inactivity, Daily Trust can report.

The airline, the only carrier listed on the Nigerian bourse, has been invisible from the country’s airspace since 2019 due to lack of equipment.

In a notice to the Nigerian Exchange (NGX) signed by the Executive Director, Business Development and Commercial, Na’Allah Isiaq, the management of Medview said it has scheduled a virtual board meeting for the 20th of September, 2021 to consider amongst others the restart of operations.

The meeting will also deliberate on the resignation of the Company Secretary and the appointment of an acting Company secretary.

Other issues listed for discussion include the appointment of a new Chief Executive Officer as well as Chief Operating Office/ Accounting Manager and the presentation of financial position.

The airline was also a major player in the airlift of Muslim pilgrims which was considered its major strong base.

But the cancellation of Hajj for two consecutive years by the authorities of Saudi Arabia due to the COVID-19 pandemic negatively impacted on the airline’s recovery drive.

In August 2020, Medview also moved to sell two of its aircraft – Boeing B737-400 with the registration number: 5N-MAA and B737-400 with the registration number: 5N-MAB in order to reduce the company’s credit facility with First Bank, its banker.

But sources said there have been frantic efforts by the management of the airline to stage a come-back.

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
1017257739
Media Trust Ltd


Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Inquiries:
Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410