The influx of new carriers into Nigeria’s aviation sector has triggered a surge in competition, keeping airfares stable across local destinations despite a sharp rise in the price of aviation fuel.
A wave of new airlines has emerged in recent months, including Pioneer Airlines, backed by the Bayelsa State Government; Binani Airlines, owned by Senator Aishatu Binani; K-Impex Airlines, promoted by a consortium of Northern businessmen; and Enugu Air, an initiative of the Enugu State Government.
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The influx of new carriers into Nigeria’s aviation sector has triggered a surge in competition, keeping airfares stable across local destinations despite a sharp rise in the price of aviation fuel.
A wave of new airlines has emerged in recent months, including Pioneer Airlines, backed by the Bayelsa State Government; Binani Airlines, owned by Senator Aishatu Binani; K-Impex Airlines, promoted by a consortium of Northern businessmen; and Enugu Air, an initiative of the Enugu State Government.
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