Nigeria: The Economic Implication of Operating an Old Aircraft

opinion

NKEM OSUAGWU, in this write-up highlights the implications of operating old aircraft as are prevalent in Nigeria today.

The state of the airline industry in Nigeria is a reflection of the nation's economic life. Weighed down by a weak currency, limited number of passengers, high cost of aviation fuel, inadequate funding among others, only few indigenous airlines could in the true sense of the word afford to acquire brand new aircraft. This is despite a fleet acquisition policy that placed a ceiling on the age of an aircraft an airline could bring into the country.

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