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Will Government Safe Nigerian Airlines By Offering Funds

The Nigerian airlines are in danger and facing a lot of critical situation regarding

its operations and financial terms, serious attention of governmental authorities have required to bring back Nigerian airline by raising the funds, Nigerian airline is one of the most leading airline in Nigeria that is offering its services for native community. The passengers of this region always admired enchanted services of this national airline for their voyage. Key operations of most demanded airlines are belongs to various nations and tourists really appreciate to get flights for their destination. But due to some financial crisis such tremendous means of air transportation are in very crucial state of affairs. To sustain operational activities the administration of these means of travelling asked government to raise funds because Central Bank of Nigeria (CBN) has forbade commercial banks to give loans for these airlines,

After refusal of Loans from the commercial banks there is no other substitute for the airlines to manage their financial position, as both airlines are serfving great number of Nigerian travelling community by offering them Flights to Abuja and got a lot of contentment of passengers over most thrilled services of Arik Air and other commercial airlines. When t Arik air has asked for aero loans from commercial banks, then they denied it on the spot due to clear instructions of Central Bank of Nigeria (CBN). The last hope for the survival of these airlines is governmental bodies and they asked for management of aviation to bring funds for their operations, now the question is will the government raise these funds for survival of these air transportation means or not, if the government also deny the funds then Nigerian travelling community will suffer a lot of troubles with expensive airlines even the officials of government also face the hurdles of international airlines for traveling.

The government officials said they had given near 200 billion N to airline industry in 2009 but the contented growth did not achieved by airlines, the federal government is at the moment facing challenges to sustain the activities of such transpiration means for the reason that once it collapsed then a lot of Nigerian communities and tourism industry related to Nigeria will be disintegrate. The leasing companies are also be hope for these means of air travel to sustain the operations but it is not quite successful for achieving the targeted demands, huge capital is required for to bring aircrafts for Nigerian airlines, according to media resources and various observers the most demand airlines that are performing their functions in Nigeria are half dead due to financial weakness, Abuja flights along with other famous destinations are very risky nowadays due to higher monetary crisis, the government of Nigeria is last hope for these airlines to manage their operations for the wellbeing of community and inclining up air industry.

by: awaiss
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