We have lost 50% revenue due to GAT – Bi-Courtney

By Lawani Mikairu
The management of Bi-Courtney Aviation Services Limited , BASL, operator of the Murtala Mohammed Airport terminal two, MMA2, Lagos, yesterday said the organization has lost fifty percent revenue that is supposed to be accrued to Bi-Courtney due to the opening and operation of General Aviation Terminal, GAT, by the Federal Airport Authority of Nigeria, FAAN.

This declaration was made in Lagos by the CEO of Bi-Courtney Aviation Services, Captain Jari Williams during the joint Senate and House of Representative Committee on Aviation visit to Muritala Muhammed Airport to inspect facilities and terminals and to have a first hand information about the state of facilities at the airport .

According to Williams, the construction and operation of GAT by FAAN was a breach of the concession agreement entered into with FAAN by Bi-Courtney which says no alternate terminal will be operated by anybody or organization within Lagos airspace in the next 36 years the concession agreement will last.

He said the initial agreement was for a period of 12 years, but it had to be altered to 36 years because the project was upscale to Six fingers to be able to accommodate Four million passengers, hotel and a modern car park. He also said the MMA2 terminal was designed to operate regional flight and initial approval was given by FAAN before it was later revoked.

Williams said : “ GAT is part of the passengers calculated for this terminal. We have lost 50% accrue revenue. The stunted development we are experiencing is due to GAT. By now we would have completed our mono rail, and the hotel would have also been completed. Our revenue lost is colossal. But we still manage to keep the terminal in this current world class state and provide most efficient services.”

“Our initial agreement with FAAN will have enabled us build four additional fingers moving towards GAT. Our prayers is that GAT should be closed in the spirit of the agreement entered into”.

Responding , the Chairman, Senate Committee on Aviation, Senator Adamu Aliero said endless litigation on concession agreements will not do the country any good. He promised that the joint aviation committees will look at the terms of the concession agreement between FAAN and Bi-Courtney Aviation Services.

Aliero said : “ We are going to broker peace between Bi-Courtney and FAAN. We know the case is currently in court. We are aware of the huge investment Bi-Courtney has made in MMA2. Agreement is an agreement and it should be honoured.”

The post We have lost 50% revenue due to GAT – Bi-Courtney appeared first on Vanguard News.

Powered by WPeMatico