Nigeria’s K-Impex plans 2022 cargo and pax operations

Another Nigerian startup – K-impex Airline (Abuja) – plans to enter the local market for scheduled passengers, charter and freight in the first quarter of 2022, reports Nigerian Flight Deck.

The blog quotes CEO Abel Ozigi as saying the company is in the market for seven planes, including:

  • a cargo ship with a capacity of 15 to 20 tonnes to transport perishable and non-perishable goods, initially on internal routes and expanding regionally within six months;
  • four passenger planes for regular operations; and
  • two 12-seater planes for passenger charters.

He was unwilling to disclose what types of aircraft were wanted. “We are keenly aware of the implications of using the right aircraft model for domestic operations, so we order the most appropriate aircraft for our local and regional operations,” he said.

The company’s business plan on its website reveals that it is targeting the start of operations with seven aircraft, including four Embraer (E175, E170, E145 and EMB-145XR); a cargo ship B737-800; and two eight-seater Learjet 40/45, all operated on dry hire. Contacts had been made with the lessor Global Jet Sales Services for the rental of Embraer jets. A cash flow of NGN 1 billion (US $ 2.4 million) is to come from commercial lenders, according to the business plan.

At ch-aviation’s request, the Nigerian Civil Aviation Authority (NCAA) said it was not aware of the company’s existence and had not yet applied for an operating license. (OL) or Air Operator Certificate (AOC).

According to the company profile, Knights Impex Limited was formed 20 years ago “for the purpose of importing and exporting goods from Nigeria”. K-Impex Airlines Limited itself was formed in 2021 to integrate passenger services and take advantage of a gap in Nigeria’s short-haul domestic market from Abuja. Mention is made of scheduled and on-demand B737-800 freight services and Embraer E-jets for smaller capacity scheduled passenger services covering 43 underserved destinations (including airfields) in Nigeria, with particular emphasis on the northern regions of the country.

“Our research and projections indicate that air travel to and from Abuja is sufficient to provide a new carrier with excellent revenue in its first full year of operation, using six aircraft on short routes. – Selected couriers. These sales figures are based on load factors of only 80% in the first year. The smallest Embraer jets have a market load factor of over 95% in the Nigerian aviation industry, ” indicates the business plan.

On the freight side, Ozigi – who has an engineering background – said the company aims to fill a market void created by the dilapidated road infrastructure in Nigeria that is hampering freight transport, while frequent accidents and Bandit attacks on highways were a concern. for distributors. Air freight would further ensure delivery of fresh perishable goods and avoid interstate road taxes levied on trucks.

Afrijet Airlines (6F, Lagos) outgoing managing director Mohammed Tukur was appointed managing director of K-Impex Airline Ltd on March 1, 2021, according to the company profile. He was also the operations coordinator of the now defunct Chanchangi Airlines (NCH, Kaduna Int’l) between 1997 and 2008, and the country representative of Kabo Air (QNK, Kano) in Saudi Arabia (1987 – 1996). He would have played a decisive role in the creation of Afrijet Airlines, Rahamaniyya Airlines (Abuja) and Royal Crystal Airways (Nigeria).

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