Minister: Why Nigerian airlines can’t compete with big int’l carriers

Minister: Why Nigerian airlines can’t compete with big int’l carriers

How aeropolitics, intrigues denied Air Peace Heathrow slot   The Minister of Aviation and Aerospace Development, Festus Keyamo has said that Nigerian airline operators are disadvantaged and would find it extremely difficult to compete with their foreign counterparts because lack of access to finance and the high interest rate charged by banks on loans. The lack of credit facilities for the carriers has made it extremely tough for the airlines to buy aircraft outright or…

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