Cutting the anniversary cake Airlines

Air Peace, Fidelity Bank Reveal Funding Secret at Airline’s 10th Anniversary

It has been revealed that the major obstacle Nigerian airlines face is funding and how to secure long-term credit facilities at low interest rate. Aside the revelation, banks have been reluctant to fund airlines because of the perceived inability of airlines to effectively service their loans from indigenous banks in the past, coupled with the […]

Ibom Airlines

Addressing Nigerian Airlines’ Funding Challenge

The depleting number of operating aircraft in Nigeria’s domestic airline industry can be partly traced to the heavy capital outlay needed to acquire aircraft and the inability of local financiers to extend credit facility to the operators, a development that needs urgent attention.     Operating airline business is capital intensive because to acquire a […]