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- Geer: Competition doesn't worry us with £17 billion investment in new aircraft, B787 retrofitting
- United Nigeria Airlines backs expansion drive with landmark ₦22bn capital raise
- CIBN confers prestigious Honorary Fellowship on FAAN MD, Onabanjo-Kuku
- Delta partners BRECAN for breast cancer awareness, early detection in Nigeria
Airline industry: Sinking funds into bottomless pit
Warren Buffet in one of his popular quotes said the worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. WOLE SHADARE writes why airlines are perennially troubled Perennial trouble Why are airlines perennially troubled? That is the question agitating the minds of many stakeholders. Amid the gloom, many are still interested in investing in the business only to express their frustrations and regrets…
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