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Operators: We ‘ve few days to sustain air travel despite FG’s intervention
We are pouring water into basket-Uriesi Nwuba-Price increase’ll plummet passenger traffic The Nigerian aviation sector is currently facing a severe liquidity crisis, with no respite in sight for airlines despite the Federal Government’s decision to cut airlines’ debts by 30 per cent. The carriers said they cannot take any more hits from an astronomical 300 per cent rise in jet fuel prices. They said operational costs have reached a breaking point, with current revenues no…
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