Osubi Airport Targets N3.6 Billion Revenue, 2027
The Manager of Alfred Diete Spiff Airport in Osubi, Mr. Egwuatu Winston says the airport forecasts a revenue of N3 billion by end of 2025, N3.3 billion in 2026 and N3.6 billion in 2027.
Speaking at the 10th Airports Business Summit & Expo (ABSE) held in Lagos, Winston who was represented at the event by Mr. Salifu Adama said the airport, which is 55% owned by the Nigeria National Petroleum Corporation (NNPC) and 45% owned by Shoreline Services recorded N1.9 billion revenue in 2024, and is deeply involved in Public Private partnerships (PPPs) for infrastructure upgrades and investment expansion.
He said the airport has installed modern baggage carousels, resuscitated airfield lighting system, constructed a modern police station close to the location and a fuel dump.
The airport is discussing with Delta State Government on the possibility of establishing a state owned airline, while discussing with Enugu Air to attract their operations to the airport, which currently hosts Overland Airways and Rano Air as operators.
Umza Air has already paid the appropriate fees commence operations while Green Africa Airways currently operates for Chevron.
Winston said the airport is moving focus towards non-aeronautical revenue sources, and is seeking investors in the establishment of an Osubi Airport Staff Primary and Secondary School and Hotels as well as an Aviation Clinic.
