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Nairaland Forum / Nairaland / General / Travel / Forex Crisis: Emirates Airline To Suspend Flight, Threaten To Leave Nigeria (605 Views)
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Forex Crisis: Emirates Airline To Suspend Flight, Threaten To Leave Nigeria by Thisis2raw(m): 2:01pm On Oct 18, 2016 |
Emirates Airline has said it is cutting flight operations to the Nnamdi Azikiwe International Airport, Abuja effective October 22nd as part of its restructuring and loss saving effort. Emirates has formally written the Minister of State, Aviation, Sen. Hadi Sirika over its intention to stop flight operations into Abuja following the airline's inability to buy forex and remit its sales.. The airline said it will also suspend Lagos operations indefinitely if things don't change. Confirming the report, Premium Times said that the President of the airline Tim Clark announced that it could reduce the frequency of its flights to African cities or cut routes completely if current economic and financial challenges continued. "In certain African countries, the currencies have really gone down, so we 're reflecting on a matter of these to look at where it's just not worth us to travel," Clark said at an International Transport Association event held in Dubai on Tuesday. "Emirates has huge money in naira at the banks. It cannot repatriate its sales because it cannot buy dollars. This is having negative effect on their operations," the source said.
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Re: Forex Crisis: Emirates Airline To Suspend Flight, Threaten To Leave Nigeria by PapaBrowne(m): 2:06pm On Oct 18, 2016 |
Dear Buhari, please resign before the whole country collapses. Please, when the economy gets better we will bring you back as EFCC chairman of Daura local Government Area. We don't want to riot. We don't want to be lawless. We just want our economy back to pre may 2015 levels. We sincerely plead that you leave us alone and return to Daura. 3 Likes |
Re: Forex Crisis: Emirates Airline To Suspend Flight, Threaten To Leave Nigeria by PoliticalThuG(m): 2:08pm On Oct 18, 2016 |
Buhari Sef 1 Like |
Re: Forex Crisis: Emirates Airline To Suspend Flight, Threaten To Leave Nigeria by Nobody: 5:10pm On Oct 19, 2016 |
mods please frontpage |
Re: Forex Crisis: Emirates Airline To Suspend Flight, Threaten To Leave Nigeria by oknee: 6:46pm On Oct 19, 2016 |
Source? |
(1) (Reply)
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