Dubai-based Emirates Airlines has disclosed plans to suspend operations in Nigeria indefinitely effective from October 29, 2022.
According to a statement by the airline on Thursday, the airline said it had to take the decision to mitigate further losses moving forward.
Emirates also stated that this became necessary as it has attended multiple hearings with the Nigerian government and officially communicated its position.
The airline also made it known that it has made its proposed approach clear to alleviate the untenable situation, including a plan for the progressive release of funds which included the repatriation and receipt of at least 80 percent of its remaining blocked funds by the end of October 2022, in addition to providing a guaranteed mechanism to avoid future repatriation accumulation challenges and delays.
