The Minister of Aviation and Aerospace Growth, Festus Keyamo, has mentioned the aviation trade has a excessive mortality charge, which prompted the demise of over 100 airways within the final 40 years.
Keyamo disclosed this throughout the tenth anniversary of West Africa’s largest airline and Nigerian flag service, Air Peace in Lagos on Saturday.
The minister, nonetheless, promised that the present administration would finish the incessant loss of life of airways.
He mentioned, “I’m excited to be right here right this moment for 2 causes. First is that Air Peace has survived for 10 years and retains thriving. If you happen to have a look at the historical past of airways in Nigeria, you’ll uncover that it’s troublesome for them to outlive 10 years and nonetheless look wholesome. We now have a historical past of nice mortality of airways.
“Greater than 100 airways have gone within the final 40 years and I do know you all keep in mind. From Harmony to Zenith to Bellview, amongst others. You’ll then ask your self why they die off, I can hold mentioning them as a result of I’ve their listing with me.
“So once we got here to workplace we mentioned there have to be one thing liable for this excessive mortality charge and now we’ve Air Peace trying robust and has continued to be on the rise and never on the decline.”
Keyamo famous that the “scenario is worrisome. Let me let you know why it’s a factor of fear. A current examine by Boeing says that Nigeria accounts for 80 per cent of home journey in the entire of Africa. Not West Africa, not Central Africa, however the entire of Africa.
“The busiest route in the entire of Africa is the Lagos-Abuja route; that’s, in the complete Africa. I believe it’s adopted by Johannesburg-Cape City. However Nigeria is primary when it comes to home journey.
“We now have the inhabitants, we’ve the visitors, we’ve the individuals. So it’s stunning that if we’ve this visitors, why are the airways not surviving? Ask your self. Why are they not surviving? And collectively, since we assumed workplace I’ve sat down with operators to resolve this drawback and I take heed to them.”
Keyamo mentioned it has develop into reassuring that the 10-year-old Nigerian service, Air Peace, has defied the excessive mortality phenomenon, which occurs to airways with their first 5 to 10 years of operation, “indicating that will probably be an incredible service of the long run.”
The Chairman of Air Peace, Allen Onyema, mentioned the airline is a product of deep pondering and the need to positively influence the nation by creating jobs for the teaming Nigerian youths and never primarily to make income.
“Air Peace is a product of deep pondering and a want to make a far-reaching influence in a rustic I like deeply. Like most companies, revenue is a vital motive; nonetheless, with Air Peace, revenue was not the first driving power behind its institution,” he said.
