We are working hard to save aviation from collapse, DG says
Nigerian Civil Aviation Authority (NCAA), yesterday, confirmed that the local commercial airlines are in financial dire straits, requiring concerted efforts to avert industry shutdown.
Director-General (DG) of the apex regulatory body, Capt. Musa Nuhu, told reporters in Lagos that the twin challenges of fuel and foreign exchange liquidity crises had forced operators into a “pathetic” reality and of “grave concern”.
While he assured that safety remains a priority and non-negotiable, Nuhu said efforts are on to salvage the sector from collapse.
Findings showed that the eight active airlines are operating a cumulative 38.77 per cent fleet capacity, with a total of 60 out of 98 listed airplanes grounded, pending the availability of foreign exchange earnings to defray maintenance cost.
Findings showed that the eight active airlines are operating a cumulative 38.77 per cent fleet capacity, with a total of 60 out of 98 listed airplanes grounded, pending the availability of foreign exchange earnings to defray maintenance cost.
The NCAA DG noted that the Minister of Aviation, Hadi Sirika, had been working with the Airline Operators of Nigeria (AON) to finding solutions to the forex crisis and assuage the rising cost of aviation fuel that currently sells at an average of N1000/litre outside of Lagos and Abuja airports.
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