Airlines in West Africa spend over $1 billion on offshore maintenance of their aircraft, Accountable Manager, 7 Star Global Hangar Limited, Isaac David Balami said at the weekend. He said the cash taken out of the sub-region as capital flight could be retained if Aircraft Maintenance Repair and Overhaul (MRO) centres have the capacity to fix critical repairs on airplanes.
Balami said investment by government and private sector players in the aircraft repair value chain would grow the business and reduce capital flight. He said the involvement of more indigenous players in the aircraft repair business would not only grow aviation technology, but ultimately lead to the manufacturing of not just spares, but a complete airplane…
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