How regulation reduced Nigeria’s local airlines from 150 to 9 in 17 years – Official
While Nigeria has about 9 functional local airlines in 2017, it had 150 registered local airlines in the year 2000, an official has said. A spokesperson for the Nigerian Civil Aviation Authority (NCAA) described the drastic reduction as one of the achievements of effective regulation by his agency. The spokesman, Sunday, absolved the regulatory agency of any responsibility for the problems being encountered by some domestic airlines. Two of Nigeria’s major local airlines, Arik and Aero, have been taken over by the Assets Management Corporation of Nigeria (AMCON) over their huge debt profiles. While AMCON has blamed mismanagement of the airlines as the main problem, airline operators have blamed multiple charges by agencies like NCAA for the problems confronting the airlines. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-02-27/general/how-regulation-reduced-nigeria2019s-local-airlines-from-150-to-9-in-17-years-2013-official
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How regulation reduced Nigeria’s local airlines from 150 to 9 in 17 years – Official
While Nigeria has about 9 functional local airlines in 2017, it had 150 registered local airlines in the year 2000, an official has said. A spokesperson for the Nigerian Civil Aviation Authority (NCAA) described the drastic reduction as one of the achievements of effective regulation by his agency. The spokesman, Sunday, absolved the regulatory agency of any responsibility for the problems being encountered by some domestic airlines. Two of Nigeria’s major local airlines, Arik and Aero, have been taken over by the Assets Management Corporation of Nigeria (AMCON) over their huge debt profiles. While AMCON has blamed mismanagement of the airlines as the main problem, airline operators have blamed multiple charges by agencies like NCAA for the problems confronting the airlines. <br/>
