Nigerian Eagle Airlines is the new name of the former Virgin Nigeria, CEO Dapo Olumide announced in Lagos last week. He said the new name and logo, a multicolored eagle in flight, "represent the rich culture and heritage of Africans" and that the rebranded carrier will "fill the gaps in the aviation sector." It is 51% owned by local investors and 49% by Virgin Atlantic Airways. Plans for a private placement to raise operational capital "are underway," it said (ATWOnline, Aug. 26).

Subscribe to Access this Entire Article

"Other News - 09/21/2009" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.