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NCAA renews Air Transport License of Azman Air, signs MoU on debt repayment

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The Nigeria Civil Aviation Authority (NCAA) on Friday renewed the Air Transport License of Azman Air, a day after the authority suspended the same due to outstanding debt and expiration of the airline document.

Consequently, the domestic airline has since resumed flight operations in light of the renewal of its operational licence by the authority.

A document confirming the renewal of Azman Air license read, “NCAA/ATR1/ATL118 is valid for a five-year period from 2022 through 2027 before another renewal is expected.”

It was learned that the airline also submitted its tax and security clearance forms to the NCAA and signed a Memorandum of Understanding (MoU) with the authority on payment of N50 million monthly in a bid to repay its legacy debt.

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The Director General of the NCAA, Musa Nuhu, confirmed on Thursday that the authority was withholding the Air Transport License of Azman Air till it provided the required documentation for its operational licenses’ renewal and sign an MoU on how it would remit its legacy debt accrued from the collection of Passenger Service Charge.

According to Nuhu, Azman Air must sign the MoU to negotiate its debt remittance, which was part of the N42 billion and $7.8 million debts in the PSC, and also provide Tax Clearance as one of the documentation for its ATL.

Azman Air had owed up to N1.2 billion in debt accruing from the collection of Passenger Service Charge.

Nuhu had said that as soon as the airline complied, it would get its approvals as these were part of the renewal processes to ensure the regulator did not go under.

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