(R – L) DR. SAMSON FATOKUN, AREA MANAGER - SOUTH WEST AFRICA, IATA; SIR NOGIE MEGGISON, CHAIRMAN,AON; DR. BABATUNDE FOWLER, CHAIRMAN, FIRS; MR. JACKY HATHIRAMANI, MD, DANA AIR; MR. EWOS IRORO, ASST. SECRETARY, AON; MR. ALLEN ONYEMA, MD, AIR PEACE. Aviation

Credit Cuts Threaten Airlines’ Operations

Failure to effectively service their debts has prompted Nigerian banks to cut their credit facility to domestic carriers, thus denying them operational funds. Inside sources disclosed to THISDAY that some airlines could not source funds to pay for the maintenance of their aircraft overseas and could also not ferry the ones due for major maintenance […]