Flight restrictions cost Lagos airport over N15b in revenue

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Flight restrictions cost Lagos airport over N15b in revenue
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“These troubling statistics are likely to threaten the existence of many domestic airlines in Nigeria, who are still grappling with over 32 multiple charges.”

The sum covers unmet targets in passenger service charge, sundry charges on other airport-users, land transport services and toll charges at the access gate, among other income-generating sources for the managing Federal Airport Authority of Nigeria .

A visit to the airport recently showed a complete opposite of the erstwhile chaotic arena. Not only was there to travelling public, support services, retail shops and kiosks were also under lock and key. Only very few staffers were noticed in the international wing. Both Murtala Muhammed Terminal II and General Aviation Terminal were completely barred to the public.

Again, a lot of franchisees and concessionaires were still making payment plans and arrangements for the year, when this whole problem started. I have no doubt that almost half of the entire annual revenue could be affected, that is if flight resumes by June,” a senior official said. Compared to between 23 and 28 flights daily, she said the facility had been reduced to between one and three flights per day, which are either cargo flight or evacuation exercises.

The International Air Transport Association earlier estimated that the temporary flight restriction could potentially affect at least 3.5 million passengers, resulting in a $0.76b revenue loss for Nigeria. Aviation expert, Chris Aligbe, said all aviation agencies and parastatals depended on passengers’ revenue, majority of which was from foreign airlines.

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