Single-digit

Chairman of Air Peace, Mr. Allen Onyema, has stated that the survival of the country’s carriers is tied to access to single-digit interest loans, stressing that “no airline will fail in the country if given such funding support. He called for a complete overhaul of aviation financing in Nigeria, warning that the current system, where airlines borrow at interest rates as high as 35% is “a death sentence” for the industry. Speaking at the 29th…