Insolvent

  · Weak internal governance weakens airlines · Seeks economic regulation to stem collapse The Managing Director of Aero Contractors, Capt. Ado Sanusi has pointed to weak internal governance and failures in corporate governance as a primary reason Nigerian airlines struggle to survive and attract investment. He further stated that an airline cannot be sustainable if it is profitable on paper but insolvent in reality. In his presentation at the African Travel Commission (ATC) meeting…