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Airline operators have lamented the hike in aviation fuel price, saying the price instability is taking a toll on their operations.
Our correspondent gathered that the price of Jet A-1 has risen to N315 per litre from N250-270 per litre between January and June. It increased to over N300 per litre towards the end of July. The Chief Operating Officer of Ibom Airlines Limited, George Uriesi, in an interview with our correspondent, said logistics was an issue to consider in addressing the challenges surrounding the increase in aviation fuel.
“Part of the problem is the difficulty of logistics; carting fuel around the country has become very harsh; the roads are so bad. The trucks are taking longer to get where they are going; they are also breaking down regularly.”
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