Categories: Deal

Medview Airline Plc Plans sale of AircraftS

Medview Airline Plc wishes to inform its shareholders, The Nigerian Stock Exchange and other stakeholders that the Board of the company at its meeting held on Thursday, 23rd July 2020, arrived at the following resolutions:

Approval for the sale of two aircraft viz;
8737-4AO 5NMAA in Estonia and
8737-4OO 5NMAB in Lagos
The sale proceeds will enable the company to liquidate part of its indebtedness and inject part of the funds into its operations so as to jump-start it again after the COVID-19 pandemic total lockdown.

Approval of the return of the leased aircraft engine to Aeolus, the lessor, so as to obviate the payment of additional rent; Engine number CFM5G3C1 ESN 857871

Medview Airline Plc also accepted the resignation of two directors, namely:

Mr. Ayodeji AriyoGbeleyi
Alhaji Olabode Kacheef Oyedele

Naija247news Media, New York

Naija247news.com is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

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