| The efficient way to own an aircraft ; Nigeria Air; Zixnoe and La Ma Agency
Excessive Corporate governance has given rise to various multi-lateral gradient income generating streams.
Yes aviation is very easy to operate. Just like owning a big car or a big bus ;
Privately. You charge for your fuel and maintenance.
https://businessday.ng/news/article/high-costs-clip-nigerian-airlines-wings/
An aircraft tyre costing $5,000.00 In Naira: N50,000 and N150,000.90 naira price on Tyre exchange rates and manufacturing gradient.
If exchange rate with global shipping and tariff; N500,000.55
The price of lease if charted at your own expense;
Get up to $500,000.00 in Naira: N50,000,000.00 price of a business account and account number in capital market at N20,000.00 Business name registration and N10,000.00 Current account for the business account
And go into leasing of passenger tickets;
50 seats per day would cost;
12,000 x 50 seats in Naira;
N600,000.00 per Trip. In return tickets ran for 1 hours per day would be
8 Trips X N 600,000.00
N 4,800,000.00
Lease for a month or a year
4,800,000.00 X 30 Days
20,000 naira is kept for fuel for that day
N600,000.00 per month for fuel in budget
Pilot cabin and maintenance fee;
10,000,000.00 M
Aircraft insurance;
3,000,000.00 M
Passenger Insurance ;
N 3,000,000.00 M
Tax; N 600,000.00
Spare Tyre cost
N4,000,000.00
Funding for next month lease;
50 M
Total income per month;
N 144,000,000.00
Budget
Total expenses for next month lease;
N 67,200,000.00
Net Income N 73,000,000.00
Business investment of Business account lease:
73,000,000.00 - 50,000,000.00
23,000.000.00
Interest rates; N1,300,000.00
Take home Revenue;
N 21,000,000.00.
Good profit to stay in business through out the Year.
In 10 Years Investment Savings of 20 Billion Naira; or New Four Aircraft to your fleets and Closing Leasor agreement to an aircraft owner.
At $50,000,000.00 at N 5,000,000,000.00 naira for Brand new Aircraft.
The above is for leasing...
For purchase agreement and manufacturing see passenger earning per month on those rates and foreign exchange commission
As leasors Agreement of $500,000.00 is same as earning profit of N500,000.00 in same business transaction at $1 to 1 N
N: Naira in this context.
In forex rates are fair charges;
$1 : N 100 or $100: 1 N In 1/100 depending of deficit changes at depository vault.
Regards
Wings Magazine
Nigeria Air
Guest member host
See Naira charges on quota basis
fly.nigeria.wordpress.com
Form contact pass and duty Free
flyairnigeria.page.tl
Or booking.com for global price ticketing.
Samuel Ubani
economics@iata.org
Unscrambling Nigeria Air Aviation
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