Insurance premium

Nigerian airlines set up to fail from start Why carriers are not profitable Wole Shadare, Geneva, Switzerland The International Air Transport Association (IATA) said that 25% interest on loans which it tagged ‘ridiculous’, high airport taxes and insurance premiums which it said is six times more than anywhere in the world would do incalculable damage to aviation in Nigeria. IATA’s Regional Vice President Africa & Middle East, Kamil Al-Awadhi at a media presentation with African journalists…