Experts: Nigerian Airlines Can Generate $1bn Annually from Developed West/Central African Destinations

Aviation experts believe Nigerian airlines could generate $1 billion annually from developed West and Central African destinations. The West Coast market was once lucrative for Nigerian carriers, but competition from Asky Airlines and the decline of local airlines shifted market share to foreign carriers. Studies by IATA and AFRAA indicate economic growth in some West and Central African countries, increasing the need for air travel. Experts note that Nigerian carriers are expanding amid improvements in the legal environment, such as the Cape Town Convention.

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