The chairman and chief executive officer of Air Peace Limited, Dr Allen Onyema, has expressed confidence that Nigeria's negative ranking by the International Air Transport Association (IATA) as the worst place in the world to establish an airline business will change once President Bola Ahmed Tinubu is properly briefed on the factors responsible for the situation. Onyema, who is also vice president of the Airline Operators of Nigeria (AON), said President Tinubu's intervention in the aviation sector, particularly the ongoing dispute over the five per cent Ticket Sales Charge (TSC), could save indigenous airlines from the financial crisis threatening their survival. He spoke as keynote speaker at the 30th annual conference of the League of Airport and Aviation Correspondents (LAAC) in Lagos, themed 'Towards a Sustainable Aviation Industry: Balancing Government Revenue Demands with Sector Growth'. Onyema said the high cost of operating airlines in Nigeria had made it increasingly difficult for carriers to survive.
Related Articles
Don't miss out on breaking stories and in-depth articles.