Emirates set to suspend Nigeria flights as currency crisis deepens

Two international airlines have announced plans to suspend flights to the Nigerian capital Abuja by next month due to falling demand as a currency crisis in Africa's top economy deepens.

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Two international airlines have announced plans to suspend flights to the Nigerian capital Abuja by next month due to falling demand as a currency crisis in Africa’s top economy deepens.

Emirates Airline on Wednesday became the latest to suspend its four times weekly service between Dubai and Abuja starting Oct. 30, a company spokesman said.

The decision to stop flights to and from Abuja was made “after a review of the airline’s operations to ensure the best utilisation of its aircraft fleet for its overall business objectives,” the Emirates’ spokesman said.

Domestic and international carriers operating in Nigeria have struggled with the plunge in the local currency that has made their jet fuel bills in dollars ever more expensive and also hurt their profitability as their passengers pay in naira. More info

By Reuters  www.arabianbusiness.com

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