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(PART 2) COVID-19 EXPOSES THE BRITTLE BACKBONE OF THE NIGERIAN AVIATION INDUSTRY – ROLAND IYAYI
Existential Threat of COVID-19 This pandemic has literally upended the commercial aviation world, with unnerving consequences that are yet unfolding. According to International Air Transport Association (IATA), the world aviation industry’s revenues are forecast to drop by more than half, with possible recovery return to 2019 pre-COVID-19 levels anticipated sometime by Q4 2021. In mid-April 2020, IATA released a further updated forecast indicating that the Covid-19 pandemic will see airline passenger revenues drop by…
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