Azman Air, has resumed operations following its license renewal with the Nigeria Civil Aviation Authority.
The airline renewed its Air Transport License after its operation was suspended, Thursday, by the NCAA following the expiration of its document, including nonpayment of legacy debt.
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 gathered that the airline also submitted its tax and security clearance forms to the NCAA and signed a Memorandum of Understanding of N50 million monthly to repay its legacy debt.
Azman Air was suspended two months after grounding Aero Contractors and Dana Air, reflecting the crisis in the aviation sector.
The Director General of the NCAA, Captain Musa Nuhu, confirmed on Thursday that the agency was withholding the Air Transport License of Azman Air till it provided the required documentation for its operational licenses’ renewal and sign a 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 N42bn and $7.8m debts in the PSC, and also provide Tax Clearance as one of the documentation for its ATL.
Sources claimed that Azman Air had owed up to N1.2bn in debt accruing from 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.