The four major challenges bedeviling aviation industry, which have been identified as high cost of aviation fuel, depleting fleet of domestic airlines, aircraft maintenance facility and paucity of foreign exchange, can be addressed through collaboration between government and the private sector. The popular adage that no airline in Nigeria can succeed without government support literally […]
Industry experts have noted that while the number of domestic air travel in the country is growing, the number of operating aircraft owned by the airlines has reduced. This, according to them might hamper the growth of domestic airlines in the country as well as negatively affect air travelers. Industry experts are of the view […]
The International Air Transport Association (IATA) revealed that present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037. It noted that over the next two decades, the forecast anticipates a 3.5 per cent compound annual growth rate (CAGR), leading to a doubling in passenger numbers from today’s levels. the forecast […]
International investors eye the African market, which is described as new frontier for economic development. This has attracted global companies to invest in the aviation sector of some African countries. But Nigeria despite its vigorous campaign for foreign direct investment and huge opportunities as the most populous country in the continent, has been unable to […]
The Airline Operators of Nigerian (AON) has warned that more airlines would go under unless the federal government introduces clear economic policies aimed at buoying the airlines to profitability. The Executive Chairman of AON, Captain NogieMeggisonstated thisat a press conference on Wednesday. Meggisonexpressed concern that while Nigeria has all the potential to become the hub […]
