Why aviation industry remains in recession – Union

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The National Union of Air Transport Employees on Sunday said the recent hike in airfares coupled with the impact of the Russia/Ukraine war and the COVID-19 outbreak had delayed the exit of Nigeria’s aviation sector from recession.

NUATE President, Ben Nnabue, who disclosed this in his 2022 May Day speech to workers in the sector, stated that the past year brought both strife and strides to employees in the aviation industry.

“Against the background of negative travellers’ reaction to recent airfare increases, these multiple adversities have been exceedingly crippling, particularly for airlines. This has delayed the exit of our industry from recession.

 

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