Aviation loses N63b due to Pandemic


Aviation loses N63b to COVID-19

June 22, 2020
Aviation loses N63b to COVID-19
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By Kelvin Osa-Okunbor

The aviation industry lost over N63billion to the ravaging effects of coronavirus pandemic, a report by the Ministry of Aviation has shown.

Describing the air transport value chain as the hardest hit to the deadly virus, the report said over 90 per cent of operations and activities were adversely affected resulting in monthly losses valued at N21 billion.

The report sighted by The Nation indicated that the ravaging effects of the virus in the sector has forced government  to consider working out a recovery plan aimed at providing financial support where necessary to sustain air connectivity for passenger operations and cargo  flights.

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