Aviation Crisis Looms As Functional Aircraft Owned By Airlines Drop Over Forex Scarcity, Others

Nigeria’s aviation industry is facing an imminent crisis as the number of functioning aircraft in the aviation industry has drastically dropped due to the scarcity of foreign exchange which they require for maintenance of their aircraft abroad and the high cost of aviation fuel.

Airline operators have since 2020 decried the impact of foreign exchange on their operations but the condition has become worse.