‘No local airline can survive 26% interest rate, regulatory hostility, dirty aeropolitics for long’
Air Peace Airlines, in a manner quite unusual of private indigenous carriers worldwide, is blazing the trail in the much-labeled ‘toxic’ operating environment in Nigeria. The airline, in less than five years of entry, has acquired a fleet of 26 aircraft, among which are three Boeing 777 airplanes for international services, and has a placed firm order for 40 brand new planes that are due for delivery early 2020.
Airlines seek rapid infrastructure development for growth
International airlines have urged governments around the world to support aviation growth with requisite infrastructure, especially the provision of airports. The airlines, under the aegis of International Air Transport Association (IATA), said the problem is that more people want to fly than airports have the capacity to accommodate. Speaking at the CAPA Aeropolitical and Regulatory…