Thursday, September 6, 2012

Air Nigeria ceases operations

The struggling airline Air Nigeria will suspend all operations on September 10, as the management announced on September 5. The airline has huge financial troubles and problems with disloyal staff. Due to the financial situation on aviation market, the investors will not invest longer in the ailing carrier. In the recent months Air Nigeria has been really troubled: In June the aviation authority decided to withdrawn the licence for national and regional flights. In July IATA suspended the carrier from it´s clearing system.

Air Nigeria will lay off around 950 of it´s 1000 staff. The 50 remaining staff keep in the company and shall help in the next year, when Air Nigeria plans to resume operations. The remaining tickets of the costumers will be refunded.

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