Aviation Fuel Crisis : Industry group prescribe recovery pills for govt, airlines
Aviation Fuel Crisis : Industry group prescribe recovery pills for govt, airlines Air transport think tank group and safety advocate : Aviation Safety Round Table Initiative (ASRTI), has prescribed a bouquet of interventions in resolving the escalating cost of aviation fuel, saying the Federal Government needs to urgently establish a National Energy Price Protection Program (NEPPP). The establishment of the body, the safety group said has become compeling because Nigeria’s aviation sector stands at a critical inflection point with the Jet A1 crisis,which has occasioned liquidity strain on airlines. The ASRTI said the cascading financial pressures across airports, concessionaires, and ground handlers have converged into a systemic emergency , creating a distortion that threatens the survival of our airlines and, by extension, the entire aviation ecosystem. In a letter of appeal to President Bola Ahmed Tinubu and members of the National Assembly and the Minis...