Cost of operating airlines in Nigeria is one of the highest in Africa – IATA

The regional Vice-President for Africa and the Middle East at the International Air Transport Association (IATA) Kamil Al Awadhi, has stated that the cost of operating airlines in Nigerian airports is one of the most expensive in Africa.

This was disclosed during an interview on CNBC Africa where he stated that contrary to reports in the media, international airlines in Nigeria still have around $720 million in trapped funds.

Mr. Kamil was reacting to questions bothering on the cost of air tickets in Nigeria where he stated that airlines continue to lose money operating in and out of Nigeria.