Aviation industry experts and airline operators have again stressed the need for Nigeria to establish an aircraft leasing company in order to put an end to the protracted low capacity that has shut up the cost of air travel in the country. Currently, the average cost of ticket is about N200, 000 for one-way flight […]
Domestic airlines are facing unusual antagonism and disincentives beyond the regulatory frameworks and professionalism, a development that could undermine the sustenance of airline operations in Nigeria. Nigerian airlines are facing major challenges, among which is low capacity, as most of the airlines are negotiating to have more aircraft from lessors. At the cusp of […]
The Managing Director and CEO of Aero Contractors, Captain Ado Sanusi, has said that Nigerian airlines are struggling because of their inability to acquire new fleet due to the country’s ailing economy. Sanusi who made this known on Wednesday said that the lack of stability in Nigeria’s financial system as it relates to foreign exchange, […]
It has emerged that the inability of Nigerian owned airlines to maintain their aircraft is worsening the prohibitive fares and low capacity As at the last count, over 50 per cent of aircraft owned by Nigerian airlines are either parked at airports or at maintenance facilities in Nigeria or overseas, a development that has led […]
It has emerged that factors such as foreign exchange fluctuations, age limited of aircraft set by the federal government and high interest rate are responsible for the short lifespan of Nigerian airlines and their inability to acquire new aircraft. Analysts believe this is why no Nigerian carrier has operated schedule service for up to 30 […]
