JUDGMENT OF THE COURT
African Commuter Services Limited (the respondent), a Limited Liability Company, ventured into the Aviation Industry sometime in 1996. According to Ismael Mohamed Jibril, the Managing Director of the said company, he applied for the Air Operators Certificate from the 2nd appellant herein. The application was processed and after satisfying itself that the respondent had met all the laid down requirements to enable it qualify for the certificate, the second appellant issued it with the Air Operators Certificate (AOC).
After being issued with the said certificate, the respondent after demonstrating its competence to operate an aviation business, was granted the necessary Air service licences to enable it operate for hire passenger and freight air charters, and passenger and freight coach services.
By the year 2003, when the cause of action which is the subject matter of this appeal arose, the respondent was running a total of seven (7) aircrafts as listed below:
2 Strea…