Home West Africa Job losses in aviation sector in Nigeria increasing

Job losses in aviation sector in Nigeria increasing

130

(3 minutes read)

·        The direct aviation job losses in Nigeria has gone up to 149,400, following the prolonged lockdown of the international airspace.

·        The figure, released by the International Air Transport Association (IATA), showed an upward spiral from 139,500 recorded as of April.

The direct aviation job losses in Nigeria has gone up to 149,400, following the prolonged lockdown of the international airspace. The figure, released by the International Air Transport Association (IATA), showed an upward spiral from 139,500 recorded as of April.

The estimated revenue losses increased from US $900 million in April to US$1.1 billion in August. South Africa has lost l up to 300,000 jobs and US$5.8 billion in aviation revenue. According to IATA’s estimates, job losses in aviation and related industries could increase by up to 3.5 million, which is more than half of the region’s 6.2 million aviation-related employment and 400,000 more than the previous estimate.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments