Redacted article courtesy of – This Day
Aviation industry stakeholders attribute stunted growth of the sector to policy summersaults and have called on government to review some policies that are antithetical to the development of the sector and its subsequent impact on the profitability of airlines and other businesses in the country. Chinedu Eze writes.
Airline operators and other private investors in the Nigerian aviation industry have consistently made the claim that government policies and interventions are often misdirected, especially when operators in the sector are excluded from making input into such policies.
The consequence is that Nigerian airlines are not profitable, which explains the short life span of domestic carriers that survive for an average age of 10 years.