Festus Keyamo, Minister of Aviation and Aerospace Development, has stated that the aviation business has a high mortality rate, which has resulted in the demise of almost 100 airlines in the last four decades.<\/p>\n
On Saturday, Keyamo said this at the 10th anniversary of Air Peace, West Africa’s largest airline and Nigeria’s flag carrier, in Lagos.<\/p>\n
However, the minister assured that the present administration will put an end to aircraft deaths.<\/p>\n
He said, \u201cI am excited to be here today for two reasons. First is that Air Peace has survived for 10 years and keeps thriving. If you look at the history of airlines in Nigeria, you will discover that it is difficult for them to survive 10 years and still look healthy. We have a history of great mortality of airlines.<\/p>\n
\u201cMore than a hundred airlines have gone in the last 40 years and I know you all remember. From Concord to Zenith to Bellview, among others. You will then ask yourself why they die off, I can keep mentioning them because I have their list with me.<\/p>\n
\u201cSo when we came to office we said there must be something responsible for this high mortality rate and now we have Air Peace looking strong and has continued to be on the rise and not on the decline.\u201d<\/p>\n
Keyamo stated that the situation is “worrying.” Let me explain why this is a source of worry. According to a recent Boeing research, Nigeria accounts for 80% of all African domestic travel. Not West or Central Africa, but all of Africa.<\/p>\n
\u201cThe busiest route in the whole of Africa is the Lagos-Abuja route; that is, in the entire Africa. I think it is followed by Johannesburg-Cape Town. But Nigeria is number one in terms of domestic travel.<\/p>\n
\u201cWe have the population, we have the traffic, we have the people. So it is surprising that if we have this traffic, why are the airlines not surviving? Ask yourself. Why are they not surviving? And together, since we assumed office I have sat down with operators to solve this problem and I listen to them.\u201d<\/p>\n
Keyamo stated that it is heartening that Air Peace, a 10-year-old Nigerian carrier, has defied the high mortality phenomena that occurs in airlines’ initial five to ten years of operation, “indicating that it will be a great carrier of the future.”<\/p>\n
Allen Onyema, Chairman of Air Peace, stated that the airline was founded on profound thinking and a desire to positively impact the country by creating jobs for Nigerian youngsters, rather than solely for profit.<\/p>\n
\u201cAir Peace is a product of deep thinking and a desire to make a far-reaching impact in a country I love deeply. Like most businesses, profit is an important motive; however, with Air Peace, profit was not the primary driving force behind its establishment,\u201d he stated.<\/em><\/p>\n Festus Keyamo, Minister of Aviation and Aerospace Development, has stated that the aviation business has a high mortality rate, which has resulted in the demise of almost 100 airlines in the last four decades. On Saturday, Keyamo said this at the 10th anniversary of Air Peace, West Africa’s largest airline and Nigeria’s flag carrier, in […]<\/p>\n","protected":false},"author":14,"featured_media":36662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-53814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/53814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=53814"}],"version-history":[{"count":4,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/53814\/revisions"}],"predecessor-version":[{"id":53899,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/53814\/revisions\/53899"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/36662"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=53814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=53814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=53814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}