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Airlines lose N200m to elections

2015-03-31 07:32
A picture shows presidential campaign posters of Nigerian President and candidate to his re-election for the ruling People's Democratic Party (PDP) Goodluck Jonathan and leading opposition All Progressive Congress (APC) presidential candidate Mohamma ~ PIUS UTOMI EKPEI

Lagos - The ten domestic airlines in Nigeria lost an estimated N200million in revenue to the elections, reports BusinessDay.

Few passengers bought tickets when the airlines resumed on Sunday.

There was a general slow down in domestic travel as well as other business activities due to  security issues surrounding elections in the country.

The latest published revenue figures for all domestic carriers,  by the Nigerian Civil Aviation Authority (NCAA) being for 2013 put the total revenue generated at N73 billion.

One day’s computation of revenue based on this figure comes to N200 million.

Read more at BusinessDay

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Read more on: election 2015  |  airline industry

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