The low passenger traffic and industrial disruptions are making it extremely difficult for the airlines to continue as going concerns, writes Chinedu Eze When Nigerians airlines were pushing for the resumption of flight operations after the coronavirus lockdown, many of them knew that passenger traffic would be low, but there were others who were sanguine. […]
Respite came the way of some of the pilots recently sacked by the management of Air Peace, as many of them would soon be recalled to their jobs. This was the fall-out of an intervention meeting called by the Minister of Aviation Senator Hadi Sirika between the airline management and the leadership of the National […]
Stakeholders believe code-share among the airlines may save cost and boost revenue. Before the restart of flight operations on July 8, 2020, some industry observers felt that passenger traffic would be low because many Nigerians are still apprehensive about flying. But there were others who believe that there would be progressive increase in passenger traffic […]
It was predicted. Industry stakeholders knew that without earning revenues for months, airlines would not have operational funds to maintain the pre-COVID-19 status when they resume service. That was why insightful governments provided bailouts and palliatives to their airlines. The economic meltdown occasioned by Coronavirus lockdown was global and aviation was the most affected. But […]
With high cost of airfares charged by foreign airlines, many Nigerians who had depleted their resources due to Coronavirus lockdown would have been trapped overseas without indigenous airline that worked with government to rescue them. Before various countries began to close their borders, both land and air, to stop the spread of the coronavirus pandemic, […]
