Senior Executive of up coming NG Eagle airline and former CEO of Aero Contractors, Captain Ado Sanusi said the recent designation of major airports, as special economic zones will be an incentive to foreign direct investment. Also, he opined that airfares would be too high if airlines reflect the cost of aviation fuel on the tickets. He spoke exclusively to Chinedu Eze. Excerpts”
And usually what does it do? It promotes economic growth, it facilitates job creation, it increases production in this country and increases technology transfer. So for us these airports, like Lagos, Port Harcourt, Kano and Abuja designated as special economic zones is a welcome development. We just pray that it would be managed well.
Again, this is another testimony of what this federal government has contributed to the aviation industry. The Aerospace University will contribute a lot to the development of aviation in Nigeria. It is a step in the right direction. If you look at the global trend now, people are longing to go into space. The billionaires are rushing to space. And space is a place where the next frontier for human beings will evolve.
Well, first of all, you know, we will have to look at the total number of aircraft flying in the Nigerian airspace and the total number of passengers that are flying. And if you look at those statistics and those data, you understand that we probably will be bringing averagely between 20 to 30 aircraft flying in the country with a capacity of about a 120 to 140-passenger capacity per aircraft, that will be good for the market or the market will become saturated.
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