Kano Billionaire, Auwalu buys N4.2bn aircraft for his airline business, Rano Air operation set to begin
- After receiving approval from the federal government, Rano Air will soon be flying over Nigerian airspace
- The airline is owned by Kano-born business mogul and oil magnate, Alhaji Auwalu Abdullahi Rano
- To kick off the airline operation, Rano has spent over N4.2 billion in buying new aircraft
PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy!
Rano Air, a Nigerian startup airline is set to begin operations as the latest airline in the Nigerian aviation industry.
The company applied for an Air Transport License (ATL) with the Nigerian Civil Aviation Authority (NCAA) in January to operate scheduled and non-scheduled passenger and cargo services within and outside of Nigeria.
Bashir Ahmad, President Muhammadu Buhari's Special Assistant on New Media and Digital Communication, announced on his Twitter page on Sunday, 11 December 2022, that the airline is set to begin operation.
PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app!
“ Rano Air, one of the newest Nigerian airlines, founded in 2019, has gotten Federal Government approval to operate return flights domestically to/from, Lagos, Kano, Abuja, Kaduna, Sokoto, Gombe, Yola, Maiduguri, and Asaba”
History of Rano Air
Alhaji Auwalu Abdullahi Rano, the Chairman/Chief Executive Officer of the A.A. Rano Group and a Kano native, owns Rano Air.
Rano's entry into the aviation industry will elevate his standing in the Nigerian economy.
In preparation for the Rano Air operation, Dailytrust reports that he secured four EMB-145LRs aircraft to start operations in 2022.
Checks by Legit.ng show the average price of an Embraer ERJ-145LR for sale on GlobalAir.com is $2,395,000(N1.09 billion) which brings the total spend to N4.2 billion.
Punch also revealed that Rano Air applied for and successfully received Air Transport License (ATL) from the Nigerian Civil Aviation Authority (NCAA).
The routes airline is expected to operate return flights domestically to/from, Lagos, Kano, Abuja, Kaduna, Sokoto, Gombe, Yola, Maiduguri, and Asaba.
History of Rano
Alhaji Auwalu Abdullahi Rano popularly known as A. A Rano was born on June 9th 1944 in a Hausa-Fulani community called Lausu Village in Rano local government Area of Kano State Nigeria.
He made his money from distributing petroleum products which he started on a very small scale in the year 1994.
Report has that he built his first retail outlets in Kano State in 1996, and incorporated A. A Rano Nigeria Limited in the Year 2002.
Dangote announces plan to employ 300,00 Nigerian youths
Meanwhile, Dangote will begin recruitment of 300,00 Nigerians in a massive employment drive
A new job recruitment page for Nigerians has been launched for sugar refineries and oil refinery
The job in its refinery in Lagos includes free accommodation for 20,000 employees