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AVIATIONNEWSLETTER

Medview Airline Set to Raise Fresh Capital, Increase Routes

Med-View Airline

Med-View Airline has announced plans to expand its operations to three Francophone countries- Dakar (Senegal), Conakry (Guinea) and Abidjan (Cote D’Ivoire) by April 2017.

The Managing Director of the airline, Alhaji Muneer Bankole, who spoke in Lagos said the company which had started Lome (Togo) route will soon be hitting the capital market with an initial public offering (IPO) to raise additional funds.

The carrier recently listed its 9,750,649,400 ordinary shares of 50 kobo each at N1.50 each on the Nigerian Stock Exchange (NSE) on January 31, 2017.

“We are in the market not to do anything extraordinary but to let all Nigerians know that there is something to grow together. This is a private entity that starts from zero. The durable, profitable and safest business you can do is transport,” Bankole said.

“To carry cargo from Lagos to Abuja is 45 minutes; London is six hours even by ship you will be there for three months. It is the only way you can move people and communicate to the next neigbhour.”

Bankole said that the aim of the airline was to connect all the West African states before expanding its tentacles to Europe and America.

According to him, the airline will also commence Lagos-Dubai route in April while the Baltimore, Washington DC in United States will start soon.

He declared that the aim of the Medview Airline is to improve performance on domestic, regional and stablilize international operations, including enhancing the services of passengers going to either Saudi Arabia or Jerusalem.

 

 

 

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