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JUST IN: Domestic Airlines To Shut Down Operations With Effect From Monday - Politics - Nairaland

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JUST IN: Domestic Airlines To Shut Down Operations With Effect From Monday by iwaeda: 8:30pm On May 06, 2022
Nigerian airline operators have issued a notice that with effect from Monday, 9th May, they will shut down their operations due to the high cost of aviation fuel which has hit 700 naira per litre.

A statement issued and signed by all the airline operators yesterday advised the traveling public who intend to fly to make alternative arrangements to avoid being stranded at the country’s airports.

The statement read : ” It is with a great sense of responsibility and patriotism that the Airline Operators of Nigeria (AON)  have carried on deploying and subsidizing their services to our highly esteemed Nigerian flying public in the last four months despite the steady and astronomical hike in the price of JetA1 and other operating costs.”

“Overtime, aviation fuel price (JetA1) has risen from N190 per litre to N700 currently. No airline in the world can absorb this kind of sudden shock from such an astronomical rise over a short period. While aviation fuel worldwide is said to cost about 40% of an airline’s operating cost globally, the present hike has shut up Nigeria’s operating cost to about 95%. “.

” In the face of this, airlines have engaged the Federal Government, the National Assembly, NNPC and Oil Marketers with the view to bringing the cost of JetA1 down which has currently made the unit cost per seat for a one hour flight in Nigeria today to an average of N120,000. The latter cannot be fully passed to passengers who are already experiencing a lot of difficulties.”

“While AON appreciates the efforts of the current government under the leadership of President Muhammadu Buhari to ensure air transport in Nigeria grows, unfortunately, the cost of aviation fuel has continued to rise unabated thereby creating huge pressure on the sustainability of operations and financial viability of the airlines. This is unsustainable and

the airlines can no longer absorb the pressure.”

“To this end therefore, the Airline Operators of Nigeria (AON) hereby wishes to regrettably inform the general public that member airlines will discontinue operations nationwide with effect from Monday May 9, 2022 until further notice.”

“AON uses this medium to humbly state that we regret any inconveniences this very difficult decision might cause and

appeal to travelers to kindly reconsider their travel itinerary and make alternative arrangements”, Alhaji  Abdulmunaf Yunusa Sarina, President, AON advised.

https://www.vanguardngr.com/2022/05/just-in-domestic-airlines-to-shut-down-operations-with-effect-from-monday/
Re: JUST IN: Domestic Airlines To Shut Down Operations With Effect From Monday by alsudan: 8:34pm On May 06, 2022
Nigerians must go back to using Camels and Donkeys under Buhari. It’s all part of Changii Dole!

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Re: JUST IN: Domestic Airlines To Shut Down Operations With Effect From Monday by Maxymilliano(m): 9:07pm On May 06, 2022
Is there anything working in this country?

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Re: JUST IN: Domestic Airlines To Shut Down Operations With Effect From Monday by Xisas: 9:33pm On May 06, 2022
Is the aviation fuel under subsidy why are they complaining they will just increase their ticket price to cover up
Re: JUST IN: Domestic Airlines To Shut Down Operations With Effect From Monday by allcomage: 12:40am On May 07, 2022
Very good development, let everyone travel by rail or road.
Re: JUST IN: Domestic Airlines To Shut Down Operations With Effect From Monday by Sergio104(m): 12:41am On May 07, 2022
Not good at all

Everything just falling apart embarassed
Re: JUST IN: Domestic Airlines To Shut Down Operations With Effect From Monday by realstars: 1:13am On May 07, 2022
Good news, now lets take the blame game to the minister of petrolum for not knowing his left from right.
Re: JUST IN: Domestic Airlines To Shut Down Operations With Effect From Monday by Eboski(m): 3:51am On May 07, 2022
If aviation fuel was under subsidy that means airline was also subsiding their prices for us also, from Calabar to Lagos 1:30mins 51,000
Who do us this thing…..


When this govt took over flight tickets was very cheap 18k, 16k

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