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Page added on January 13, 2009

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Nigeria: Airlines Operators Decry High Cost of Aviation Fuel

Airline operators yesterday protested the increasing cost of aviation fuel in the country and warned that the situation could lead to collapse of aviation businesses.


The operators lamented that despite the crash in the price of crude oil in the international market, the cost of aviation fuel had continued to rise at an alarming rate.
In a presentation before the House of Representatives Committee on Aviation, the aggrieved operators claimed that prohibitive cost of aviation fuel led to the collapse of no fewer than 30 airlines across the world, adding that such a negative trend could take its toll on the Nigerian aviation industry if nothing urgent was done.


Chief Executive Officer, Bellview Airlines, Mr Kayode Odukoya, who made the presentation on behalf of his colleagues, said the cost of aviation fuel in Nigeria was not only prohibitive, but about the highest in the world.


AllAfrica



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