The country’s aviation industry is expected to grow rapidly in the coming years following the signing of a liberal air transport treaty by Nigeria and 22 other African countries, MAUREEN IHUA-MADUENYI writes
With the formal establishment and inauguration of the Single African Air Transport Market in Addis Ababa, Ethiopia, on Sunday during the African Union Summit, there are projections that many more Nigerians and Africans in general will take to air travel.
Statistics obtained from the International Air Transport Association indicate that the implementation of the SAATM will boost passenger movement in Nigeria from the monthly average of 774,000 to 1,171,400, an increase of 51. 3 per cent.
The SAATM, an open sky treaty that encourages the liberalisation of the rules and regulations of international commercial aviation to create a free market environment for airlines, is expected…
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