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Recession: Airlines, agencies, others prune costs
AS foreign exchange crisis bites harder, many businesses in the aviation sector are cutting costs to remain afloat. With forecasts not showing a path to quick recovery, airlines, aviation agencies and many service providers are pruning their cost of doing business. Aside the Nigerian Civil Aviation Authority (NCAA) that disclosed that it has saved over N2 billion to train workers locally, other service providers are equally reducing cost and cutting down on operations….
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