Nigerian carriers profitable on paper, insolvent in reality-Aero MD

Nigerian carriers profitable on paper, insolvent in reality-Aero MD

  · 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…

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Aligbe: Point-to-point operations not profitable for airlines

Aligbe: Point-to-point operations not profitable for airlines

…Urges carriers to interline to survive   Chief Executive Officer of Belujane Consult, Chris Aligbe said it would be very difficult for any airline to be successful with point-to-point operations stressing that for Nigerian carriers to be profitable, they would need to interline or go into codeshare agreements that would help them distribute their passengers beyond points beyond. Aligbe, while speaking on Channels Television’s Business Update on Wednesday monitored by Aviation Metric explained that Nigerian carriers like the…

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