Former secretary general of the Africa Airline Association (AFRAA) and chief executive officer of African Aviation Services Limited (AAS), Nick Fadugba, during a speech at the recent Airport Council International (ACI) conference said that African airlines needed to embrace mergers and acquisitions to enhance their chances of survival. Fadugba, when delivering a paper entitled, “Challenges and Opportunities Facing African Airlines” at the conference, said: “To benefit from economies of scale and enhance their chances of survival, African airlines have to come together and work together through code-shares, win-win joint ventures mergers and acquisitions so as to form stronger carriers that
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