x

Emirates Restores Flight Operations To Lagos

Emirates Airlines has restored its flight operations to Nigeria’s commercial capital of Lagos 

The company announced this in emails sent to its customers

“We are pleased to inform you that effective from 11th September 2022, we will reinstate operations of our flights,” Emirates said on Wednesday.

“Inbound flights from Dubai to Lagos (EK783) and outbound flights from Lagos to Dubai (EK784) will recommence from Sunday, 11th September 2022.

“Lagos flights after 30th September 2022 will be advised in due course.”

Wednesday’s reinstatement came two weeks after the United Arab Emirates (UAE) carrier suspended flight operations, citing its inability to repatriate its earnings in foreign exchange from Nigeria.

“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,” the airlines said in a letter addressed to the Minister of Aviation, Hadi Sirika.

“As of July 2022, Emirates has US$85 million of funds awaiting repatriation from Nigeria. This figure has been rising by more than $US10 million every month, as the ongoing operational costs of our 11 weekly flights to Lagos and 5 to Abuja continue to accumulate.”

The Emirates’ move followed concerns raised by the International Air Transportation Association (IATA) over the issue. IATA had said foreign airlines’ funds trapped in Nigeria rose from $450 million in May to $464 million in July.

While the Federal Government said Nigeria was having a forex exchange crisis and thus could not meet some responsibilities, including revenue repatriation by foreign airlines, it later bowed to pressure and released $265 million to the airlines.

The IATA lauded the step, noting that it would boost foreign airlines’ to continue their service in Nigeria.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Alia Hits The Over Drive, Hires Labaran Maku-2027 Coalition Leader As Media Consultant

By Joe Ngbede Benue State Governor Hyacinth Alia has once...

Defamation Case: Suspended Senator Natasha Akpoti-Uduaghan to Appear in Court Tuesday

Suspended Senator representing Kogi Central, Natasha Akpoti-Uduaghan, is expected...

Nigerian Stock Market Gains N3.9 Trillion in May Despite Global Uncertainty

Investors in the Nigerian stock market recorded a remarkable...

Mokwa Flood: Death Toll Rises to 153 – NSEMA Confirms

The Niger State Emergency Management Agency (NSEMA) has confirmed...

Dhul Hijja: FCT Pilgrims Admonished To Deepen Worship During Sacred Days

By Joyce Remi-Babayeju Pilgrims from the Federal Capital Territory (FCT)...

Education Secretariat Absorbs FCT Schools From Religious Indoctrination

By Joyce Remi-Babayeju The Federal Capital Territory, Education Secretariat of...

Water Plants Rehabilitation, Reason for FCT Water Shortage , Wike Explains

By Joyce Remi-Babayeju The Minister of the Federal Capital Territory...
spot_img

Related Articles

Popular Categories

spot_imgspot_img