The Airline Operators of Nigeria (AON) have sounded the alarm on the challenges plaguing the industry, citing rising costs, shrinking passenger traffic, and difficulty accessing foreign exchange as key threats to their survival.
A statement issued Friday by Spokesman Obiora Okonkwo, AON highlighted several factors contributing to their predicament:
Increased Costs: The statement emphasizes a domino effect of rising costs across the aviation ecosystem, including ground handling services, airport charges, and aircraft maintenance. These increases, coupled with the scarcity of dollars, put immense pressure on airlines, forcing them to pass the burden onto passengers through higher ticket prices.
