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Tuesday, 18 October 2016

Forex crisis: Emirates Airline to suspend flight operations to Abuja, threaten to leave Nigeria entirely

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.

32 comments:

livingstone chibuike said...

K

livingstone chibuike said...

Noted

Uju Phil said...

Hope the blind bats see this, such an evil government!!!

john doe said...

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Chizzy Liz said...

*******************************1000 Crisis in one 9ja ********

Vivian Reginalds said...

wow
-D great anonymous now as Vivian Reginalds

Eddy Ogbunambala said...

Na waoo

Alloy Chikezie said...

Please they should leave joor, Nigeria is a fucked up country.

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BONARIO NNAGS said...

I hope something urgent is done about this development.



. ~BONARIO~says so via NOKIA LUMIA

Anonymous said...

Buhari has caused more harm than good. Chaii!!! D man has killed this country.

Ike Louisa said...

I don't know where we are heading to.

JEMBETE(KEY-POINT) said...

HAHAHAHAH, I DE LAF, D TIME WEN EURO CONTRACTO STOP OPEREATION, APC MEMBERS SAY NA BCOS EURO NO WANT COMPLY WITH STANDARD, WHEN ARIK DO SAME, DEM SAY NA MAINTANANCE DEM DE DO, ETHIOPIA DUNG RUN TO GHANA, APC MEMBERS DUNG SHOT UP, NOW NA BRITHISH AIR.

I SORRY FOR NIGERIANS.........

Juliet Iwuno said...

It is well! Linda take note!

freeborn bamislam suani ahmad bamislam said...

Good news. They should leave entirely others should join..freeborn dance dance and dance oooo
MORE DOOM AWAIT NIGERIA. Wow
terrorist buhari no send afterall his family are in UK flying private jet with entourage.
ONLY A BASTARD FROM HAUSA OR BRAIN WASH YORUBA OR IDIOT FROM IMO STATE WILL SAY HAVE HOPE IN NIGERIA UNDER TERRORIST BUHARI WHO HAS NOTING TO OFFER HIS FAMILY TALK MORE OF NIGERIA.
Nigeria is dead oooo













#sad indeed

freeborn bamislam suani ahmad bamislam said...

Good news. They should leave entirely others should join..freeborn dance dance and dance oooo
MORE DOOM AWAIT NIGERIA. Wow
terrorist buhari no send afterall his family are in UK flying private jet with entourage.
ONLY A BASTARD FROM HAUSA OR BRAIN WASH YORUBA OR IDIOT FROM IMO STATE WILL SAY HAVE HOPE IN NIGERIA UNDER TERRORIST BUHARI WHO HAS NOTING TO OFFER HIS FAMILY TALK MORE OF NIGERIA.
Nigeria is dead oooo













#sad indeed

NaijaDeltaBabe said...

I'm sure we would recover sharply


...merited happiness

okechukwu nnoduechi said...

GOOD TO SEE







AUNTY LINDA 👩

OSINANL said...

NIGERIA IS FINISHED

Goldmine said...

Ha! This gives cause to worry. If this trend continues, with most international airlines leaving Nigeria, time shall come when we shall all become "AIR COMMODORES" and start traveling abroad using "EDO LINE".

Emmy Igwe said...

Things getting worse by day while the Government is busy roaming about aimlessly and lavishing the little we have left.

Anonymous said...

When ypu elect herdsman to head you this is what you get, its just the beginning.

Anonymous said...

They forced banks not to lay off staff instead of working on th economy...let's see how they intend to force international companies to stay especially by not working on th economy but always releasing stupid statements to address the same problems we already know.

christie benjamin said...

Is this the downfall of the "Giant of Africa"??

Anonymous said...

Tell me Uju Phil how the government has made dollar scarce? Since your statement indicates you did basic economics and know about the law of supply and demand and can apply it to the forex situation. Kindly explain why you think the government is evil

Tolulope said...

God,pls in ur mercy,save Nigeria,save our nation.Give our leaders Wisdom,Knowledge and understanding to lead us right.I asked through Jesus Christ name.Amen

dee boi said...

Very soon all of dem will return to their countries and we'll all use d presidential jet for commercial... dee

comi hood said...

Even cowards in Edo state

comi hood said...

Lol EDO LINE

La said...

All the airlines will pull out soon. Then we start going through Ghana with night bus. Shame.

ben afflect said...

Na buhari plan to ground us all .. No worry .. WE GO BUILD OUR OWN ARK .. OCEAN WAY PLENTY ..

ufuoma umukoro said...

Where is aboki the warri boy. He has been so scarce. Hope it is not d recession that is behind it.

Andrano Blaze said...

So sad!

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