Fleet depletion, capacity cut, reduced travel put airline business on edge

Fleet depletion, capacity cut, reduced travel put airline business on edge

 The vacuum created by the temporary absence of some carriers has created capacity issues for other operators, writes, WOLE SHADARE Scaling down While airlines are scaling up and acquiring aircraft by way of expansion, the country’s airline industry has taken a hit; no thanks to the downturn in the economy and the purchasing power of many Nigerians. Gone are the days when the middle-income earners could afford to engage in luxury and by extension see air…

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Foreign airlines returning to full capacity, fares may further tumble

Foreign airlines returning to full capacity, fares may further tumble

…Offer more seats, seek additional frequencies, expansion   The release of $850 million blocked fund by the Central Bank of Nigeria (CBN) to foreign airlines has begun to have a catalytic effect on the overall aviation travel chain as the sector is set to reap bountifully. Airlines have relaxed a lot of rules and regulations and are willing to launch back and begin to make money. Better things await the sector. The airlines see it…

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Slots: Busy airports reach capacity limits

Slots: Busy airports reach capacity limits

The slot allocation rules have enabled airlines to enter congested airports and grow their networks at very constrained aerodromes, creating more consumer choice, writes, WOLE SHADARE Slots necessity In a world of constrained airports, the slot system is a necessary framework through which airlines and airports can get the maximum reliable punctual operation of flights. For example, the number of European routes with more than one airline operating has increased by 37% since 2012 with many…

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