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Emirates Suspends All Flights To Nigeria From September 1 Over Trapped $85m

by Olamilekan Okeowo August 18, 2022
by Olamilekan Okeowo August 18, 2022

Barring a last-minute change, Emirates Airlines will from September 1, 2022, suspend its flight operations to Nigeria.

The flag carrier of the United Arab Emirates (UAE) disclosed that this “difficult decision” was taken due to its inability to repatriate its earnings in foreign exchange from Nigeria and to limit further losses.

“We have had no choice but to take this action, to mitigate the continued losses Emirates is experiencing as a result of funds being blocked in Nigeria.

Therefore, Emirates has taken the difficult decision to suspend all flights to and from Nigeria, effective 1 September 2022, to limit further losses and impact on our operational costs that continue to accumulate in the market,” the airline said in a statement on Thursday.

“We sincerely regret the inconvenience caused to our customers; however, the circumstances are beyond our control at this stage. We will be working to help impacted customers make alternative travel arrangements wherever possible.

“Should there be any positive developments in the coming days regarding Emirates’ blocked funds in Nigeria, we remain keen to serve Nigeria, and our operations provide much-needed connectivity for Nigerian travellers, providing access to trade and tourism opportunities to Dubai, and to our broader network of over 130 destinations,” the airline added.

Recall that about three weeks ago, the airlines appealed to the Minister of Aviation, Hadi Sirika, to seek his support for the repatriation of its revenue said to be in the region of $85 million while announcing a reduction in its operations from August 15.

In a letter addressed to the minister and signed by Sheik Majid Al Mualla, Emirates airline’s Divisional Senior Vice-President (DSVP), International Affairs, Emirates said the planned reductions in its operations in Nigeria would take effect from August 15, 2022.

It stated that flights would be reduced from 11 per week to seven per week at the Murtala Muhammed International Airport (MMIA), Lagos.

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“As of July 2022, Emirates has US$ 85 million of funds awaiting repatriation from Nigeria. This figure has been rising by more than $US 10 million every month, as the ongoing operational costs of our 11 weekly flights to Lagos and 5 to Abuja continue to accumulate.”

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