13 November 2014/Daily Trust

Med-view Airline, yesterday, said that it has commenced the process of listing on the Nigerian Stock Exchange.

The Managing Director/CEO of Med-view Airline, Alhaji Munir Bankole, who disclosed this in Lagos during an interactive session with newsmen on the company’s second anniversary, said he has commenced discussions with the management of the stock exchange with a view to getting the company listed soon.

He said the airline was proud of its modest achievements in its two years of operations and wanted Nigerians to benefit from its success story and profits.

Med-View commenced scheduled flight operations with two aircraft in November 2012 but in December 2014, it would have, at least, six aircraft in its fleet when it’s Boeing 737-400 and a Boeing 738 arrived.

Med-View is now roughshod with old carriers and the management said it looked forward to becoming the best carrier in Nigeria.
Though the company has refused to release its total investments in its operations, checks by our correspondent showed that Med-View may have invested in excess of $500 million within the last two years to drive its operations.

In two years, the company said it has airlifted 756,437 passengers on its domestic operations made inroads into regional and international routes. The airline has also airlifted over 250,000 pilgrims during the year under review.

Alhaji Bankole said: “Med-View has earmarked plans to acquire more fleets in order to service part of its newly designated routes of Dubai and Jeddah. Med-View is deploying a B767-300ER and B738 for these routes. While the B767 delivered already and used to run our last Hajj operation, we just returned same to the hanger and currently undergoing restructuring of the cabin. We expect arrival of the B738 before the end of the year.”