Airline Operators Count Losses As Forex Scarcity, Naira Devaluation Trap Aircraft Abroad

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Several commercial aircraft in the nation’s aviation industry are stranded abroad due to lack of access to foreign exchange at the official market, foreign exchange scarcity, devaluation of naira and lockdown in some foreign countries where the checks are going on. Scores of aircraft are stranded abroad amidst the second wave of the Covid-19 pandemic, […]



Source: Leadership Newspaper