Nigeria has selected a consortium including Egypt Air [RIC:RIC:EGY.UL] to set up an aviation leasing company as part of a government plan to overhaul the country’s aviation sector. Decades of neglect and a lack of investment have left Nigeria with low-quality…
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There is an unconfirmed report that the plane crashed in the Mediterranean 130 miles from the Greek island of Karpathos. AFP’s Jean-Marc Mojon cites a Greek aviation source for the report.
“At around 0029 GMT (3:29 am) when it was in Egyptian airspace, the plane disappeared from Greek...
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