Following the improvement in the Nigerian economy after the recession that hit the country, foreign airlines operating in the country sold tickets worth $700 million as at the end of August 2019, according to figures obtained from the International Air Transport Association (IATA).
IATA has projected $1 billion foreign airlines’ ticket sales for 2019.
“From the figures made available recently by NANTA, there is increase in international passenger movement this year and last year due to slight improvement in the economy.
Industry consultant and CEO of Belujane Konsult, Chris Aligbe, said something has to be done urgently to recover the loss Nigeria was recording with the repatriation of huge foreign exchange from the country.
Frontpage February 7, 2020