The International Air Transport Organisation (IATA) has condemned the Federal Government over excessive taxes and charges, which hindered indigenous carriers’ growth and profitability.
This was revealed by lATA’s Africa and Middle East vice president, Kamil Al Alwadhi.
He said research shows that Nigeria ranks highest in airport charges in Africa, with Abuja airport becoming the most expensive airport in the continent, followed closely by Lagos airport.
He made the comment while speaking at the ongoing 7th Aviation Africa summit and exhibition in Abuja.
The IATA VP lamented the stagnant growth in the region, especially Nigeria, urging the Nigerian government to create a conducive environment for airlines to thrive.
His words: “In a recent research conducted, we discovered that the most expensive airport in Africa is Abuja airport, followed by Lagos airport. With all these exorbitant charges, Nigerian airlines can’t compete with their foreign counterparts.
“Africa has put itself in a place where it cannot help its own expensive fuel, excessive charges, leasing and insurance through the roof; the airlines need to be financially viable too.
The airlines contribute to the country, but Nigeria needs to decide what to do to them to survive.”
He maintained that carriers based in Africa are expected to generate a moderate combined loss of around $484 million in 2023.
According to him, the continent remains a difficult market for an airline, with economic, infrastructure and connectivity challenges impacting the industry performance.
