Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Reps Withdraw State Police Bill, Consider Tinubu’s Executive Proposal

July 14, 2026

Dangote refinery fixes petrol price at $0.779 per litre in new pricing template

July 14, 2026

US launches third night of strikes on Iran as Trump announces Hormuz blockade

July 14, 2026
Facebook X (Twitter) Instagram
Trending
  • Reps Withdraw State Police Bill, Consider Tinubu’s Executive Proposal
  • Dangote refinery fixes petrol price at $0.779 per litre in new pricing template
  • US launches third night of strikes on Iran as Trump announces Hormuz blockade
  • Senate Cautions Gov Makinde Over Call for UN Probe into Oyo School children Rescue
  • Nigeria, Hong Kong sign agreement to eliminate double taxation, boost investor certainty
  • NSA Ribadu Hosts Top US Diplomat As Nigeria, America Strengthen Security Ties
  • Argentina submit special request’ to FIFA that Brings Back 40 Year Old World Cup Memory Against England
  • Federal Government Suspends Planned WAEC, NECO Fee Hike
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Business»Guinea-Bissau Signs MoU with United Nigeria Airlines to Launch Her National Carrier
Business

Guinea-Bissau Signs MoU with United Nigeria Airlines to Launch Her National Carrier

VardiafricaBy VardiafricaJune 15, 2026Updated:June 15, 2026No Comments13 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Nigeria’s fast growing carrier, United Nigeria Airlines, has signed a Memorandum of Understanding with the government of the Republic of Guinea-Bissau to establish a national airline for the West African nation named Air Bissau.

Statement from the airline said the agreement, signed at the capital Bissau, marks the beginning of what both parties have described as a pivotal partnership that would improve Guinea-Bissau’s connectivity with the rest of the continent and the world.
The MoU was signed on behalf of the Government of Guinea-Bissau by Dr. Florentino Mendes Pereira, Minister of Transport, Telecommunications and Digital Economy, and on behalf of United Nigeria Airlines by Prof. Obiora Okonkwo, the Executive Chairman of the airline.

Guinea-Bissau has for decades, relied on regional carriers and charter services to link its citizens and businesses to other countries but this new agreement seeks to change that.
Under the terms of the MoU, the two parties will explore a comprehensive cooperation framework aimed at establishing a fully operational national airline, with Osvaldo Vieira International Airport in Bissau serving as the operational base and hub for initial flight routes.

Part of the agreement in the MoU is the creation of the joint venture entity that will operate as Guinea-Bissau’s national airline, with United Nigeria Airlines providing majority financial investments, operational expertise, aircraft, and management.
The airline will also provide and operat executive jet for the use of the President and Government of Guinea-Bissau .

The Government of Guinea-Bissau on its part, has agreed to facilitate the registration and licensing of the new national carrier in line with domestic laws, and to streamline authorisation processes through both the Civil Aviation Authority of Guinea-Bissau and the Civil Aviation Authority of Nigeria.
The government has pledged to designate the newly formed airline as the official national carrier of Guinea-Bissau, granting it full rights over all existing Bilateral Air Services Agreement (BASA) entitlements. This designation, the statement said, would give the airline significant leverage in securing route rights and authorisations to regional and international destinations which is an important commercial and diplomatic asset.
Bissau’s Osvaldo Vieira International Airport will also receive the infrastructure support necessary to accommodate the new carrier’s operations, including access provisions, ground support, and assistance with customs, immigration, and security compliance. Additionally, the government has committed to investing in the creation of the national company and to establishing mechanisms that protect and incentivise investment through the existing Investment Code and applicable tax frameworks.

In addition,United Nigeria Airlines has committed to training qualified Guinean nationals including pilots, cabin crew, and technical maintenance personnel and to employing local staff wherever feasible, in coordination with the government’s employment policies.

The MoU explicitly stated that for the purposes of safety, reliability, and efficiency, the overall management, operational control, and general direction of the new airline will rest with the management team of United Nigeria Airlines.
The two parties have also committed to a range of mutual safeguards. These include full liability and hull insurance coverage for all flight operations, annual independent safety and maintenance audits to ensure ongoing compliance with international standards, and asset protection mechanisms to shield United Nigeria Airlines’ investments in the event of adverse changes to Guinea-Bissau’s policy or regulatory environment.

“The MoU is effective immediately from the date of signing and will remain valid for 18 months, or until a substantive joint venture agreement is concluded,” the airline said.
Yahoo Mail: Search, organise, conquer

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

Tony Elumelu to retire as UBA chairman, Nnorom to take over

July 6, 2026

FG Approves free CAC Registration for 250,000 MSMEs Nationwide

June 28, 2026

CBN proposes stricter regulation on banks, holding companies to protect depositors

June 15, 2026

Leave A Reply Cancel Reply

Top Posts

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025327

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202497

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202453

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202551
Don't Miss
Government
Government By VardiafricaJuly 14, 20263 Mins Read2

Reps Withdraw State Police Bill, Consider Tinubu’s Executive Proposal

By VardiafricaJuly 14, 20262 Government Updated:July 14, 202603 Mins Read

The house of representatives has rescinded its decision on the passage of the state police bill. The…

Dangote refinery fixes petrol price at $0.779 per litre in new pricing template

July 14, 2026

US launches third night of strikes on Iran as Trump announces Hormuz blockade

July 14, 2026

Senate Cautions Gov Makinde Over Call for UN Probe into Oyo School children Rescue

July 14, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: [email protected]
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Reps Withdraw State Police Bill, Consider Tinubu’s Executive Proposal

July 14, 2026

Dangote refinery fixes petrol price at $0.779 per litre in new pricing template

July 14, 2026

US launches third night of strikes on Iran as Trump announces Hormuz blockade

July 14, 2026
Most Popular

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025327

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202497

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202453

Type above and press Enter to search. Press Esc to cancel.