Nigerian airlines, others to lose N1.4tn, poor COVID-19 vaccination slows recovery

Nigerian airlines, others to lose N1.4tn, poor COVID-19 vaccination slows recovery

Nigerian and other African airlines will see a very slow pace of recovery in financial performance from a $1.9bn loss in 2021 to a $1.5bn loss in 2022, bringing the continent’s total loss in two years to $3.4bn (N1.4tn), the International Air Transport Association has said. According to the Geneva-based airline body, low vaccination rates…

 
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Source: Nigerian airlines, others to lose N1.4tn, poor COVID-19 vaccination slows recovery

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