Market Intelligence: Africa

Nigerian Aviation Training Center Receives Commendation from the Minister of Aviation and Aerospace Development

Festus Keyamo, the Nigerian Minister of Aviation and Aerospace Development, praised Caverton Helicopters’ Maintenance, Repairs, and Overhaul (MRO) services and Flight Simulator programs, emphasizing their potential to significantly enhance the Nigerian aviation sector. This commendation came during his visit to the cutting-edge Caverton Aviation Training Center at Murtala Muhammed International Airport in Lagos.

Keyamo commended Caverton Helicopters, noting that it aligns with his commitment made during his inaugural speech saying that the company is “one of the clear deliverables that I promised to support, in my maiden speech upon inauguration”. He also praised the company’s world-class facilities, highlighting their global significance for the Nigerian Aviation Industry. The minister further stated that Caverton has the potential to attract foreign investments to Nigeria. Established as part of the Caverton Offshore Support Group (COSG), Caverton Helicopters aims to be a prominent player in Nigeria’s aviation sector.

The firm functions in Lagos, Port Harcourt, and Warri, in addition to having a presence in Cameroon.

CEO Olabode Makanjuola said: “Caverton Helicopters, a subsidiary of Caverton Offshore Support Group, has established itself as a leading player in the Nigerian aviation sector. With a presence on the Nigerian Stock Exchange and complemented by Caverton Marine Ltd, a renowned boat builder and vessel operator, our group has been at the forefront of driving growth and innovation in these respective industries. Your presence here today signifies your commitment and dedication to the development and progress of the aviation sector. We are confident that under your leadership, the industry will experience remarkable advancements and achieve new milestones. Your expertise and vision will undoubtedly guide us in overcoming challenges and seizing opportunities that lie ahead. As a company deeply entrenched in the aviation and marine sectors, we understand the importance of collaboration and partnerships in driving progress. We believe that by fostering strong relationships between the public and private sectors, we can collectively work towards creating an enabling environment for growth and investment. Caverton’s facilities have been designed to meet the highest industry standards. With state-of-the-art infrastructure, cutting-edge technology, and a highly skilled workforce, we are well-equipped to support and contribute to the vision of a robust and sustainable aviation industry. We are committed to maintaining the highest safety standards, prioritizing innovation, and ensuring the efficient operation of our services. Today’s visit is a testament to our shared goal of advancing the aviation industry. As a visionary Leader, we are excited to engage in fruitful discussions, exchange ideas, and explore opportunities for collaboration. Together, we can develop strategies that will enhance the safety, efficiency, and profitability of the aviation sector, ultimately benefiting the Nigerian people and the broader economy.”

Source: Nigerian Local Media
Photo Credit: Caverton Aviation Training Center (shown as meta image)

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FLYING Media Group Acquires Leading Business Aircraft Listing Marketplace

United States headquartered FLYING Media Group (FMG) has acquired AvBuyer, a leading business aircraft listing marketplace and large business aviation media brand.

For 25 years, AvBuyer has been providing aircraft owners and operators with key information so that they can make better-informed buying decisions across all areas of business aviation operations.

AvBuyer includes AvBuyer.com, one of the most active business aircraft listing marketplaces, and AvBuyer Magazine, a publication with market intelligence that is distributed to FBOs all over the world. FMG also acquired GA Buyer Europe and GA Buyer Africa, which offer classified listings and marketplaces that cover the European and African general aviation markets.

In addition to providing a liquid marketplace for dealers to match with prospective buyers, AvBuyer is a leading market intelligence provider in the business aviation community.

“AvBuyer is one of the most respected brands in the aircraft dealer and buyer communities. Now with a significant global presence, the FMG platform has the most expansive reach for prospective buyers of any classified aircraft listing provider in aviation,” said Craig Fuller, CEO of FMG.

FMG owns one of the fastest-growing aircraft listing marketplaces, Aircraft For Sale (AFS) and AircraftforSale.com. The Aircraft For Sale monthly print edition is sent to every FLYING Magazine subscriber and is distributed to FBOs across North America.

FMG plans to continue to build Aircraft For Sale, which is focused on the pilot community, and AvBuyer, which is focused on the business aviation and fleet operator community.

FLYING Media Group has the largest audience of active and prospective aircraft buyers of any media provider across its portfolio of 26 aviation brands, online sites, and marketplaces.

“With our acquisition AvBuyer, FLYING Media Group’s massive and engaged audience is unmatched by any other aviation media provider. Dealers and OEMs that want to get their message and listings in front of the largest number of prospects should certainly look to FLYING Media Group,” Fuller said.

FMG plans to bring the AvBuyer editorial operations and content into its expansive media platform that includes FLYING Magazine, Kitplanes, BusinessAIR, Plane & Pilot, Aviation Consumer, Aviation Safety, AVweb, Airline Geeks, Aircraft For Sale, and IFR.

Continuing a process that began after the acquisition of FLYING, FMG plans to make significant investments in its B2B editorial and creative studios over the next year.

“FLYING has nearly 100 reporters and regular contributors that cover the aviation industry, making it the largest media provider in the $2.5 trillion aerospace industry,” Fuller said. “We will continue to invest in the expansion of FMG through a combination of acquisitions and organic growth initiatives in the markets that we serve.”

Source: FLYING

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