THE aviation sector is set for a major gain with plans by a reputable firm, Binani Group of Companies, to float a domestic airline.
The new carrier, Binani Air, according to aviation sources, has applied to the Nigeria Civil Aviation Authority (NCAA) for an Operational Licence.
Binani Group of Companies was founded by a foremost politician, Senator Aishatu Dahiru Ahmed Binani (Adamawa Central).
She has relinquished her stake in the firm as required by the law.
Her political associates, supporters and well-wishers from Adamawa State and the Northeast geo-political zone have embraced the big aviation leap by the Binani Group of Companies, which is targeted at boosting the economy of the zone.
It was gathered that the enthusiasm about Binani Air followed the track record of the founder of Binani Group, who is rated as a first class entrepreneur in the Northeast.
The Northeast has no registered indigenous carrier, a development which has made the emergence of Binani Air historic.
It was learnt that the new airline will form a partnership with globally reliable and efficient airlines in the U.S., the Middle East, Asian and two prominent African carriers.
Binani Air will be made up of 80 per cent shareholders’ investment, creating a record of value addition in attracting Foreign Direct Investment into Nigeria.