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Since the pandemic recovery phase got on the way two years ago, no other year has been tagged as ‘fundamental’ to global aviation as 2023. It is the year major airlines will return to the path of profitability – no matter how small.
President Muhammadu Buhari in the prelude to the 2015 general elections pledged to float a new national carrier as a replacement for the defunct Nigeria Airways. Then, it was one of the best pledges ever made in the local aviation industry!
Barring any change in plans, Nigeria will have a new national carrier in December, though there are still concerns about its planned operating model and choice of technical partner...
Nigeria, Africa’s most populous country with a population estimated at over 200 million is a logical destination for aviation investments
According to them, despite the attrition rate in the aviation sector because of teething problems, airliners in Nigeria are making brisk business in the last few years as they witness heavy traffic of customers. Apart from people who have the means that always travel by air, middle-income earners are increasingly avoiding road travel because of insecurity. In the North, for instance, they specifically cited the challenges of travelling from Abuja to Kaduna, Kano, Gusau, Kebbi and Sokoto in the North-West; and Yobe, Borno, Bauchi, Gombe, Yola and Jalingo in the North-East. Our correspondents r...