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Operator demands special funding for the aviation industry and airlines

Operator demands special funding for the aviation industry and airlines

Marian RomainebyMarian Romaine
4 years ago
in News
Reading Time: 1 min read
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Concerned about the condition of airline operators in the face of severe economic realities, Prof. Obiora Okonkwo, Chairman of United Nigeria Airlines (UNA), has rallied the Federal Government behind a special funding window for the aviation sector.

Okonkwo stated yesterday at a retreat to honor the airline’s second anniversary that the sector is too important for economic development to be left to its fate. His charge is similar to previous calls by the Airline Operators of Nigeria (AON) for special intervention funds in the face of a foreign exchange liquidity crisis and a surge in the cost of aviation fuel, among other variables whose costs cannot be fully passed on to customers.

Okonkwo stated that specific support for operators became required due to the sector’s critical role and rising contribution to the GDP (GDP).

Okonkwo went on to say that indigenous airline operators have been highly patriotic, contributing significantly to the nation’s GDP growth and if aviation is effectively harnessed, it will be a major source of foreign cash for the country, especially if the local operators could be strengthened.

Osita Okonkwo, the airline’s Chief Operating Officer, and Executive Director added that the company’s objective is to continue growing.

He stated that the airline would continue to improve its service to the traveling public and focus on its equipment to ensure an up-to-date fleet in 2023 and beyond.

Tags: Airline Operators of Nigeriaaviation industry and airlinesChairman of United Nigeria Airlines (UNA)Prof. Obiora Okonkwo
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Marian Romaine

Marian Romaine

Marian Romaine is a seasoned content writer with a passion for translating complex technological concepts into accessible and engaging content. She is dedicated to creating engaging and informative content aiming to enhance both reader engagement and search engine visibility. Her writing combines a deep understanding of the subject matter with a talent for crafting clear, concise, and informative pieces. With 3 years of industry experience, her expertise includes crafting blog posts, articles, social media content, and website copy.

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