Air Peace alleges $42m loss to poor aircraft handling
Air Peace claims a $42m revenue loss from repeated aircraft damage by ground handlers. Learn how poor aircraft handling impacts Nigeria’s largest airline. Read More: https://punchng.com/air-peace-alleges-42m-loss-to-poor-aircraft-handling/
Air Peace has reported a significant financial loss of approximately $42 million due to repeated damage to its aircraft caused by ground handling companies. The airline revealed that three of its aircraft have suffered serious damage within the past year, with two of these incidents occurring in the current year. According to Air Peace's spokesperson, Efe Whiskey, the two major ground handling companies, Skyway Aviation Handling Company Plc and the Nigerian Aviation Handling Company Plc, are responsible for damaging the airline's aircraft an average of twice each year.
Whiskey stated that while the damage may not be as severe as other incidents, the airline has experienced three major aircraft damage incidents in the last 12 months. The financial impact of these incidents extends beyond repair costs, as the airline also loses revenue while the aircraft are grounded. Air Peace has already received $3.8 million from the handling companies for repairs to the most recently damaged aircraft, and $3.2 million has already been paid for another incident that occurred on Boxing Day.
Additional expenses, such as shipping damaged parts and towing and cleaning costs, have also been incurred. The spokesperson expressed concern that Air Peace could face similar incidents in the future, citing previous patterns of aircraft damage and insurance predictions.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.