According to predictions and the financial ailment of
airline operator, Discovery Air, the company has finally been grounded by the
Nigerian Civil Aviation Authority.
In a statement made available to the public on Tuesday 13th
January, 2015 the regulatory body noted that the suspension of the airline is
in pursuit of its oversight responsibilities as stipulated by law.
It was also stated that the suspension of the airline followed
an earlier review of some domestic airlines operations, adding that Discovery
had been issued a warning letter to address some pressing issues.
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| Tunde Babalola |
Discovery Airline under the management of its flamboyant
Managing Director, Tunde Babalola had been battling some financial challenges,
topping the list of the crises that rocked the company was its inability to pay
the staffers over 7 months salary which finally led to the mass resignation of
some key staffers of the airline.
Sources revealed that the company which was incorporated as
a private limited liability company in 2008 could not sustain the tempo of its
operation when it first started due to a misunderstanding between its Managing
Director, Tunde Babalola and some of his backers.
The Airline’s boss is alleged of sidelining his backers who
were angry with him and decided to pull back their funds.
Babalola’s efforts to get the support of some banks was
unproductive based on his debt profile and funy attitude.
Insiders hinted that the Discovery Air MD is presently
contemplating relocating abroad to start his life all over again.
The Airline boss whose company opened its Lagos-Port
Harcourt route some weeks ago with a big slash in ticket fare once confirmed to
an online news web site (not gogoonlineblogspot) stating ‘I will pack my bags and go back to the UK if the
stress is too much’ when he was asked about the crisis rocking his company.
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