Why FG should write off airlines’ legacy debts – Finchglow GMD
By Dickson OmobolaFinchglow Holdings has urged Federal Government to write off legacy debts incurred by domestic airlines, saying such debts are old and have become doubtful.Recently, there was a dispute over the non-remittance of the Ticket Sales Charge, TSC, by airlines, following a rise in operational costs and an increase in fuel prices attributed to the United States-Iran crisis.Subsequently, the Airline Operators of Nigeria, AON, sought relief from federal government, which approved a 30