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Airlines: Lifeblood of aviation show vulnerability
In Nigeria, the aviation sector has one of the highest leverage on the Nigerian economy, yet the airlines remain cash strapped with compressed margins and high operating cost that impair performance. WOLE SHADARE writes Problems yet to fizzle These days, airlines are becoming safer, more efficient, and more profitable with savvier management teams. However, the problems that plague the airline industry have not gone away. The global nature of the industry makes it uniquely vulnerable…
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