So the prediction is no more Arik after June 29, why..?
The news from Air Nigeria is just as gloomy - staff cuts, unpaid salaries, reduction in salaries - yet they are finalising the re-launch of LOSLGW. Start date of 01 September 2011 - daily service.
First Nation look set to launch soon - but why would they want to do that in the current market?
It is obvious there is too much capacity on Nigerian Domestic Routes driving down the yield to unsustainable levels. Add to that vast over capacity on LOSLON from 01 September - outside of 2 weeks at Xmas / New Year and 4 weeks in August / September.
Just look at the NG carriers - are any of them making profit or are they begging for a bail out - is this the true picture?
Or is the grand plan by all the aim to get their hands on the Government billions to line their pockets?
This is truly baffling compared to the 'real' business world.
The BIG question is which airline will be the one to survive all this and then thrive - any opinions?
