Dana License Withdrawal: “We Will Lose N50 Million Daily”

Following the suspension of Dana airlines operation by the federal government, the airline management on Thursday said it will lose N50 million daily.

This was revealed by the airline’s Director of Flight Operations, Oscar Wilson, at a joint press conference held by the Dana Group and Airline Operators of Nigeria (AON) in Ikeja, Lagos.

It will be recalled that a MD 83 aircraft in the Dana fleet crashed into a residential area in Iju-Ishaga on the outskirts of Lagos. All 153 persons on board the aircraft which was heading for the Lagos airport from Abuja died in the crash which also claimed the lives of some people on the ground.

Mr. Wilson said that the airline would be losing 2,000 passengers and N50 million daily due to the suspension of its operations in the wake of the crash. This he said would amount to N1.5 billion in one month.

The Director reaffirmed that the airline’s insurer, Lloyds of London, is capable of paying the families of the crash victims N30,000 US dollars (N4.6 million) within the first 30 days of the accident.

He appealed to commentators and the public to stop speculating in the media about the causes of the crash.

“There have been many speculations from aviation experts on the crash. They said that the aircraft lost its two engines but it is when the result of the investigations come out that we will know the true position of things,” he said.

Mr. Joji said that the airline business is capital intensive globally, and urged the Nigerian government to give concessions to airline operators and assist in bailing out those in difficult situations.

“The economy here is very good, that is why we have 24 foreign airlines operating in the country,” he said.

  1. Emeka Reply

    The management of DANA Airline are mad. They are not concerned over human lives they lost, it is because they want to make money that’s why they used faulty plane to convey human beings like frozen chicken. They are talking of money they will loose, what of the families that lost all their members in that ill-fated aircraft. DANA you are senseless, emotionless and hardhearted. Federal Government should withdraw your operating license because you will do more worse thing than this. Beast from hell.

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