Huge airline investments amid un-profitability
The question is, if airlines are such a bad business model then why do businessmen keep lining up to start them? WOLE SHADARE highlights why airlines collectively have been in the black since 2010 Perpetual cry It is one of the most enduring folk wisdom dicta in all of commerce. “The airline industry, in its history, has never made money.” It’s been almost 30 years since the Nigerian airline industry was deregulated. Since then it has been…
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