SIGN IN YOUR ACCOUNT TO HAVE ACCESS TO DIFFERENT FEATURES

CREATE AN ACCOUNT FORGOT YOUR PASSWORD?

FORGOT YOUR DETAILS?

AAH, WAIT, I REMEMBER NOW!

CREATE ACCOUNT

ALREADY HAVE AN ACCOUNT?

Magnartis Finance & Investment Limited

  • LOGIN
  • Home
  • About
    • About Us
    • Management Team
    • Directors
  • Services
    • Stockbroking
    • Portfolio Management
    • Corporate Finance
    • Advisory Services
  • Projects
  • Download
  • Contact
  • Open an account
  • Home
  • NCAA suspends Discovery Air licence over safety issues
  • Capital Market News
  • NCAA suspends Discovery Air licence over safety issues
 

NCAA suspends Discovery Air licence over safety issues

NCAA suspends Discovery Air licence over safety issues

by magna / Wednesday, 14 January 2015 / Published in Capital Market News

By Abel Orukpe

Correspondent, Lagos

 

The Nigerian Civil Aviation Authority (NCAA) has suspended the Air Operator’s Certificate (AOC) of Discovery Airways Limited for failing to rectify safety issues detected in the airline’s operations by the regulatory body.

The suspension by NCAA is coming barely six months after the airline AOC was issued on June 4, 2014.

With this suspension, the airline ceases to operate for now, pending the resolution surrounding its suspension.

The Deputy General Manager, Public Affairs, Mr Sam Adurogboye, who disclosed this in Lagos yesterday, said that the regulatory body’s action is in pursuit of its oversight responsibilities as stipulated by law.

He explained that NCAA has lately carried out a review of the operations of some domestic airlines after which letters of warning or suspension of Air Operator’s Certificate (AOC) were served on defaulters.

Adurogboye,  did not mention the airlines the regulatory body carried out review on their operations and who were either warned or whose operations were suspended.

He cited Discovery Air as one of the airlines that failed to rectify the safety issues pointed out by the regulatory body within one week given by NCAA for the airline to do so in a letter written to the management of Discovery Air.

Source : Independent

About magna

What you can read next

Could Amazon’s deal with Whole Foods be the beginning of the end for retail workers?
Star Launches Triple X
FMBN Boss Promises To Make Home Ownership Easier

Market Capitalization

[visualizer id="161"]

Newsletter Subscription


 

About Us

Magnartis Finance & Investment Ltd (“Magnartis”) is a Dealing Member of The Nigerian Stock Exchange with expertise in Stockbroking and Trade Execution Services.

Download

  • FGN Savings Bond Subscription Form
  • Mandate For Ebonus
  • Cscs Clients Authorization Form For Change Of Bank
  • Cscs Client Bank Update Form
  • Account Opening Form KYC

Research

  • Daily Price List
  • Daily Market Summary
  • Weekly Market Summary
  • Special Reports

Contact Info

16, Boyle Street, Onikan, Lagos, Nigeria

Office Number:
01-4538066

E-mail:
info@magnartis.com

  • GET SOCIAL

© 2014 Magnartis Finance & Investment Limited. All Right Reserved

TOP