Nigeria: Eighteen firms apply for domestic airline licenses

Stakeholders confirms that they will employ Nigerians. Since the collapse of several domestic airlines and the struggles faced by those still flying,Investors are positioning to fill the gap in the Nigerian airlines space. The recent news from BusinessDay’s checks show that 18 firms have applied to the Nigerian Civil Aviation Authority (NCAA) in order to obtain the Airline licences. People familiar with the collapse of several domestic airlines and the struggles facing by those still flying, said that the possible investment would value Nigeria at about $10 billion.

Thanks to Nigeria's airline industry by bringing competitors into this sector. Domestic airfares will drop dramatically in the future, and airplanes will become an economical, sometimes cheaper alternative to the train on some routes. This will make the domestic air travel in Nigeria more attractive. Among the discount offers are air passes for exclusive use by foreign tourists, which enable pass holders to use domestic flights at a fixed cost of slightly above $100 per flight.

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