The viability of domestic airlines in Nigeria hangs in the balance as the escalating cost of jet fuel poses a grave threat to their operations. In less than eight months, the price of jet fuel has surged by a staggering 109%, putting immense pressure on local carriers.

The aviation industry has been grappling with the relentless rise in the cost of aviation fuel, commonly known as Jet A1, over the past two years. This surge has compelled airlines to adjust their operations by hiking ticket prices. However, the recent spike in...

https://ratecaptain.com/nigerian-airlines-face-closure-as-jet-fuel-soars-to-n1500-per-litre/