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Nigeria Commences Process To Kick-start New National Airline.. - Travel (3) - Nairaland

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Re: Nigeria Commences Process To Kick-start New National Airline.. by waltinnovers: 6:21am On Nov 04, 2016
Empty promises that can not be fulfilled or followed up just like the canpaign empty promises used to deceive Nigerians to get there votes.
He is just opening his wide mouth again to make empty promises to make nigerians feel good and after few days, they will sweep it under carpet
The problem this man will put Nigeria befoore he will leave will be worse than where he met Nigeria when he assumed office.




BeeBeeOoh:


http://www.premiumtimesng.com/news/headlines/214398-nigeria-commences-process-kick-start-new-national-airline.html

Re: Nigeria Commences Process To Kick-start New National Airline.. by davidif: 7:35am On Nov 04, 2016
CFCman:

It won't be a state-owned company. The minister of state for aviation said the FG will only have 5% equity in the airline.

But what's going to stop them from increasing there stake to 50% when the company becomes wildly profitable. Just look at how they operate with the oil companies where the FG owns upwards of 55%. That's my problem with it. State owned companies don't work just look at our state owned refineries or state owned oil companies. Statism does not work.

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Re: Nigeria Commences Process To Kick-start New National Airline.. by davidif: 7:42am On Nov 05, 2016
When would this people learn that the airline business is a very tough business to get into. Oh and it is a business where profit can be very fleeting. The costs (especially the fixed cost) are so high that it can be difficult to break even. There is a reason why so many airlines declare bankruptcy. Chai! Naija people sha.

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