Local Airlines Spend N44bn Annually On Overseas Maintenance
Overseas maintenance of aircraft costs scheduled local airlines excess of N44 billion yearly.
The capital flight, from a conservative estimate of about 70 operating airplanes, lately soared given the black market exchange rate of close to N500/$1.
Stakeholders said...
Local Airlines Hike Fares To 100%
One of the most expensive pricing regimes in local airfares may be upon the aviation industry, as ticket rates have more than doubled in a week.
The spike, which operators blamed on an exchange rate that hit N500 to $1...
