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- The macroeconomic quagmire of Nigerian airlines
Can airlines survive with dwindling revenue?
Hard times These are not the best of times for airlines particularly Nigeria carriers. The country is technically in recession. This has affected the revenue of virtually all the carriers amid sharp reduction in passenger traffic. Airline business is tough, unprofitable, and heavily regulated. It is even more overregulated in Nigeria because of the aggregate differences between the Nigerian Civil Aviation Authority (NCAA) regulations, and the adverse policies issued by the ministry of aviation. Also,…
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