State Governments Must Have Exit Plans for Airlines

Capt. Sanusi asserts that state governments running airlines in Nigeria must have exit plans to ensure the sustainability and growth of the aviation sector.

He notes that despite the potential for economic growth, the aviation industry in Nigeria remains underdeveloped. Sanusi highlights the need for a structured roadmap and criticizes the haphazard approach taken by state governments in establishing airlines.

He argues that priorities should focus on fundamental aspects like healthcare and education rather than operating airlines. Sanusi calls for genuine reforms in the aviation industry, including independent regulation, financial independence, and competitive service provision.

He emphasizes the importance of addressing tax regimes that hinder growth and suggests that reforms should aim to attract newer aircraft and improve financing conditions. He also mentions the need for a long-term commitment to respect contract terms with leasing companies to facilitate the acquisition of new aircraft.