Local airlines besiege CBN for N27bn aviation bailout fund

Local airlines besiege CBN for N27bn aviation bailout fund

Local airlines in Nigeria have bombarded the Central Bank of Nigeria (CBN) with application for their own cut of the N27 billion aviation bailout fund proposed by the Federal Government. Report indicated that no fewer than 18 of the operating local airlines, including three commercial airlines – Dana Air, Max Air and Azman Air,  and some others whose operations have been grounded in the last two years, are on the list of applicants for the relief fund. However, Air Peace, Arik Air, Aero Contractors, Ibom Air, and Overland Airways were…

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