Fleet depletion

Fleet depletion, capacity cut, poor services put carriers on the brink

Posted on by Wole Shadare
Fleet depletion, capacity cut, poor services put carriers on the brink

Airlines have reduced their flight service to many airports, thus selling fewer seats that do not meet the demand of travellers, hence relatively higher prices amid poor services threaten an industry that has potential for growth, writes, WOLE SHADARE Tough times, poor services Nigerian carriers are going through one of their toughest challenges in many years as airlines are grappling to stay afloat. The numbers are drying up. It points to one thing. The carriers are…

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

Posted on by Wole Shadare
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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