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Aviation Media Africa | Online Magazine for Aviation,Travel,Tourism. > low revenue yield for foreign airlines

Foreign Airlines Lose Nigeria’s High Yield Market to Economic Downturn

  • Aviation Media
  • June 3, 2016
  • 0 Comments

Investigations have revealed that foreign airlines lose about $200 million monthly to the present economic crunch in Nigeria, which has forced potential travellers to defer their trips due to lack of disposable income. Also, there is reduction in passenger traffic as cash squeeze has impacted negatively on the purchasing power of the citizens, forcing million […]

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