The global airline industry remains on the recovery track, evidenced by a gradual pick in traveller numbers despite the notable shift in the global landscape. The global airline industry is shaped by three broad factors. In this Q2 2022 aviation newsletter edition, we highlighted the trends shaping the global aviation landscape.
Following the global recovery story, the aviation industry in Nigeria recovered faster than projected upon reversing the travel restrictions. In 2021, the aviation sector grew by 19.7%, returning to its pre-pandemic growth level.
We have highlighted some of the recent developments in Nigeria’s aviation industry and how these developments are impacting players in the sector.