Despite increasing airfares by over 100 per cent, domestic airline operators are still groaning under the weight of high cost of aviation fuel, also known as Jet Al. The problem has escalated, as they are currently witnessing massive drop in passenger traffic across the major airports in the country. The domestic airlines include Arik Air, Azman Air, Overland Airways, Air Peace, Max Air, Ibom Air, United Nigeria Airlines, and Green Africa Airways. The airlines had lamented that petroleum product contributes about 60 per cent of their daily running cost, and…
Read More