Business

Strait of Hormuz: Aviation sector raises alarm… But the real issue may surprise you

Keep up with the latest news and be part of our weekly giveaways and airtime sharing; follow our WhatsApp channel for more updates. Click to Follow us

The President of the Aircraft Owners and Pilots Association, Alex Nwuba, has stated that the situation in the Strait of Hormuz is not the primary concern for the aviation sector, emphasizing instead the impact of global aviation fuel pricing.

Nwuba made the remarks on Saturday during an interview on Arise Television’s ‘Morning Show’.

He addressed the ongoing issue of aviation fuel scarcity and the association’s proposed strike action.

According to him, the threat by airline operators to embark on a strike on Monday was intended to draw the attention of the Federal Government to what he described as a critical situation within the aviation industry.

“Airlines have been facing price increases that have tripled, and the airlines cannot raise fares because we are essentially maxed out on what consumers are able to pay.

“Unlike some other nations, our challenges are not as a result of supply shortages thanks to the local refining capacity of the Dangote Refinery but on international pricing,” he said.

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.

Mazi Nwokpor Jonathan

Recent Posts

Airport Drama Deepens as Keyamo Issues New Directive Over Peter Obi’s Car

Keep up with the latest news and be part of our weekly giveaways and airtime…

16 hours ago

Tinubu’s Latest Political Move Triggers New Call From APC Chieftain

Keep up with the latest news and be part of our weekly giveaways and airtime…

17 hours ago

IK Ogbonna Breaks Silence On Alleged $75k Romance Scam

Keep up with the latest news and be part of our weekly giveaways and airtime…

17 hours ago

Nepalese National Makes Shocking Allegation Against Police Over N1.6bn Scam

Keep up with the latest news and be part of our weekly giveaways and airtime…

17 hours ago

Customers Threaten Mass Exit as Fresh Concerns Rock Nigerian Bank

Keep up with the latest news and be part of our weekly giveaways and airtime…

18 hours ago

ACF Reveals Disturbing Reality Facing Farmers Across Northern Nigeria

Keep up with the latest news and be part of our weekly giveaways and airtime…

18 hours ago