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Monday, October 26, 2020

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How 60 Airlines Went Into Extinction In 60 Years

In aviation, as Nigeria celebrates its 60 independence, about 60 airlines had already gone into extinction with only about nine operating scheduled flights.Though the industry has grown the traffic significantly with over 14 million passengers transported annually across the Nigerian Airports, the bulk of those passengers is conveyed by foreign airlines.At independence when Nigeria had fewer passengers, it had more airlines than in 2020 when passengers had grown astronomically.Analysts say the ongoing efforts to establish a new carrier after the death of the Nigeria Airways in 2005 should be sustained.Also, the move to establish a Maintenance Report and Overhaul (MRO) facility in Nigeria, if vigorously pursued, according to experts, would transform the aviation landscape.An Aviation expert, Capt. Ibrahim Yunusa Kazaure said Aviation being a capital intensive business must have the input of the government to survive.He said the government shouldn’t back down on the proposed national carrier.Segment of the Nigerian oil industry through the removal of fuel subsidy.Although the organised labour had rejected the manner deregulation has been foisted on the nation by the federal government and expressed its desire to embark on a nationwide strike, the government quickly intervened and pleaded with labour to shelve the strike and return to the negotiation table to amicably resolve the matter.The strike would have definitely taken the shine off the nation’s 60 year independence anniversary celebration.https://dailytrust.com/how-60-airlines-went-into-extinction-in-60-years

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