OWNER MANAGER SYNDROME

BANE OF NIGERIAN AIRLINES



The owner manager syndrome is a structural cankerworm that is hurting the industry, the effects of this syndrome are access to capital will be difficult and expensive, executive discipline lacking in the absence of a functional board, collaborative discussions are primarily trimmed to the owner’s wish list rather than commercial benefits, mergers &consolidations are rare if it is not legislated. It also whittles down public support or legislative backing as they are seen as Mr. A airline and not Nigerian flag carrier.



Because we cannot point to a vibrant owner manager airline today, we can at least learn from the board of jet blue and easy jet airlines, they practically pushed out the founders of these carriers when their programme was different from the collective aspiration of the rest, granted for Aero- contractors, can we point to a functional or effective board in Nigerian airspace? why must it be the owner only that approve and sign cheques? The multiplier effects are delays, cancellation, passenger and staff apathy e.t.c.



Our aspiration for a Fly Nigerian Act will only work when we have carriers that are owned by Nigerians just like the Americans, intuitively all major airlines are owned by people or institutions even Mr. Branson invited Singapore airlines and other individuals to the virgin group so why are different