Boeing Warns High Interest Rates Threaten Competitiveness Of Nigerian Airlines

Leadership | 19-06-2026 08:35pm |

Boeing has raised concerns regarding the impact of elevated interest rates on the competitiveness of Nigerian airlines. This statement was made by Moore Ibekwe Jr., the executive sales director for Boeing in the African region, during the unveiling ceremony of two newly acquired Boeing 737-800NG aircraft, which were named in honor of the Obi of Onitsha, HRM Nnaemeka Achebe. The remarks highlight the challenges faced by domestic carriers in maintaining their market position amidst rising financial costs.

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