…Taxes, safety issues top concerns
Multiple taxation, safety concerns, and a high offshore insurance culture have been identified as the primary systemic drivers that shorten the lifespan of commercial airlines in Nigeria to below 10 years.
BusinessDay’s findings show that since the establishment of the Nigeria Civil Aviation Authority (NCAA) in 2000, approximately 150 domestic airlines have been registered. Today, only 14 remain active: Air Peace, Arik Air, Max Air, Ibom Air, Allied Air, NG Eagle, Aero Contractors, United Nigeria Airlines, Overland Airways, ValueJet, Xejet Airline, Enugu Air, Binani and Gateway Air.
This indicates a survival rate of just seven percent for the past 25 years. Numbers for 2026 are yet to be computed till full year.
Prominent brands that launched with massive capital and operational promise—including Nigeria Airways Limited, Okada Air, Oriental Airlines, Pan Africa Airlines, Chanchangi Airlines, Sosoliso, Allied Air, Bellview, Hak Air, and Skyline—all went under within
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