JET-A1 CRISIS: Airlines borrowing, cutting operations to stay afloat – Onyema

urges Tinubu to review aviation taxes before more airlines collapse By Dickson Omobola Founder and Chief Executive Officer of Air Peace, Allen Onyema, Tuesday, lamented the effect of the sharp rise in aviation fuel prices, known as Jet-A1, on airline operating costs, saying operators are borrowing from banks to purchase fuel and cutting down on […] The post JET-A1 CRISIS: Airlines borrowing, cutting operations to stay afloat – Onyema appeared first on Vanguard News.

By Urowayino Jeremiah