Experts Fault Local Airlines’ Global Competitiveness, Blame Individual Ownership Model

Aviation experts have raised fresh concerns over the declining global competitiveness of Nigerian airlines, blaming the dominance of individual ownership structures, weak access to institutional capital and rising operating costs for the inability of local carriers to compete effectively on the international stage.
They said that while Nigeria had recorded improvements in aviation regulation, safety, infrastructure and airspace management, those gains had not translated into a corresponding transformation of the airline subsector.
The experts, who spoke on the state of the Nigerian aviation industry, warned that without a fundamental change in the ownership and financing structure of ...