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Nigeria’s Aviation Minister, Festus Keyamo, reveals insufficient aircraft as the primary cause of flight cancellations and soaring ticket prices.
Challenges:
Frequent flight cancellations
Flight delays without prior notice
High ticket prices
Government Intervention:
Partnerships with foreign aircraft manufacturers
Signing of Cape Town Convention (CTC) to protect international leasing companies
Improved aviation rating: 49% to 70.5%
Benefits:
Increased aircraft availability
Reduced operational costs for airlines
Expanded airline capacity
Lower ticket prices for passengers
Nigeria’s Aviation Future:
Domestic airlines to access aircraft through dry lease arrangements
Reduced flight cancellations and delays
Improved flying experience
Peoplesmind
