Aircraft leasing: Better days await Nigerian airlines as Copterjet debuts

The challenges often confronted by Nigeria’s domestic carriers in the hands of aircraft leasing companies across the world may soon be drastically reduced following the emergence of Copterjet International, a Nigerian owned company that specializes in aircraft and equipment leasing solution.

Speaking at the brand launch of Copterjet International at the international wing of the  Murtala Muhammed International Airport,( MMIA), the Chief Executive Officer of  the company, Captain Victor Olorunyomi, said the company had come to take aviation industry to an enviable height and to also  close the existing gaps between the lessor and airlines operators.

Olorunyomi described the company’s Unique Selling Proposition (USP) as its ability to close the gap that makes it difficult for airlines (lessee) to fulfil their own  obligation after leasing aircraft from the lessor.

Other services Copterjet engaged in include: aviation consulting, aircraft brokerage (acquisition ,marketing and sales), aviation asset development  and management  and logistics.

According to Olorunyomi; “Our coming marks the beginning of a new dawn and  also a historic event in the aviation sector.”

While explaining that the Copterjet International roadmap had been strongly  defined by  its services and it’s committee to contributing  and driving the aviation sector,

Olorunyomi however the readiness of the company to work with both private and the public sector, local and foreign investors, local and foreign financial institutions  to build on the existing feat that has been achieved  in the industry .

The coming of Copter International into Nigeria’s aviation sector, he said was divinely orchestrated hence,  the new firm in collaboration with other  stakeholders such as government and the private sector have very vital roles to play  towards moving the Nigerian aviation sector.

While promising to ensure Copter International contributes to making aviation the driver of the Nigerian economy, he however said to achieve this that stakeholders must  initiate and collaborate with one another.

“As a nation, if we must drive the economy, we must initiate a collaboration to move the industry forward. We must drive the aviation sector to propel other sectors of the economy.”

He used the opportunity to canvass single digit interest loan to Nigerian airlines to make them thrive even while he identified operational incompatibility and poor financial management as part of the challenge facing the domestic airlines.

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