Newsone Nigeria
  • Home
  • Africa
  • Newsone Nigeria Partners
  • Entertainment
  • News
  • Politics
  • World News
No Result
View All Result
  • Home
  • Africa
  • Newsone Nigeria Partners
  • Entertainment
  • News
  • Politics
  • World News
No Result
View All Result
Newsone Nigeria
No Result
View All Result






Home Headlines

Airlines Set Date To Shut Down Operations In Nigeria

Philips Sunday by Philips Sunday
3 years ago
in Headlines, News
BREAKING: Airlines Set Date To Shut Down Operations In Nigeria

Airlines have set a date to shut down operations in Nigeria.

Newsone reports that the Airline Operators of Nigeria (AON), has announced plans to shut down operations nationwide.

This online news AON said the shutdown would take effect from Monday, due to the increase in the price of aviation fuel which cost N700 per litre. This was contained in a letter by AON President, Abdulmunaf Yunusa Sarina, and sent to the Minister of Aviation, Senator Hadi Sirika.

Newsone Nigeria reports that the AON President lamented that Jet A1 has shot up the cost of operations to over 95 percent, thereby, causing hardship on passengers.

The letter read partly: “It is with a great sense of responsibility and patriotism that the Airline Operators of Nigeria (AON) have carried on deploying and subsidizing their services to our highly esteemed Nigerian flying public in the last four months despite the steady and astronomical hike in the price of JetA1 and other operating costs.

“Overtime, aviation fuel price (JetA1) has risen from N190 per litre to N700 currently. No airline in the world can absorb this kind of sudden shock from such an astronomical rise over a short period.

“While aviation fuel worldwide is said to cost about 40% of an airline’s operating cost globally, the present hike has shut up Nigeria’s operating cost to about 95%.

“In the face of this, airlines have engaged the Federal Government, the National Assembly, NNPC and Oil Marketers with the view to bringing the cost of JetA1 down which has currently made the unit cost per seat for a one hour flight in Nigeria today to an average of N120,000.

“The latter cannot be fully passed to passengers who are already experiencing a lot of difficulties.

“To this end therefore, the Airline Operators of Nigeria (AON) hereby wishes to regrettably inform the general public that member airlines will discontinue operations nationwide with effect from Monday, May 9, 2022 until further notice.”

Facebook Comments
Previous Post

Dollar To Naira Exchange Rate Today 6 May 2022 (Black Market Rate)

Next Post

Tinubu, Osinbajo, APC Presidential Aspirants In Crucial Meeting [Video]

Philips Sunday

Philips Sunday

Philips Sunday is a Journalist and SEO Expert with a demonstrated history of working in the media production industry. He has degrees in Mass Communication/Media Studies.Connect with him on Facebook, Instagram and LinkedIn.

Next Post
BREAKING: Tinubu, Osinbajo, APC Presidential Aspirants In Crucial Meeting [Video]

Tinubu, Osinbajo, APC Presidential Aspirants In Crucial Meeting [Video]

About Us

Newsone Nigeria (newsoneng.com) is a modern media house with a different view of news gathering and delivery. We are aware of the fake news trend in online media and have taken up the challenge to correct this ugly trend.

Relevant Pages

  • About Us
  • Advertise With Us
  • Contact Us
  • Privacy Policy

Reach Us

11 Fashe street, Olowoira, Ojodu-Berger, Lagos Nigeria.


Tel: +234 7054546495


admin@newsoneng.com

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: admin@newsoneng.com.

© NewsOne Nigeria

No Result
View All Result
  • Home
  • Africa
  • Newsone Nigeria Partners
  • Entertainment
  • News
  • Politics
  • World News

Copyright © 2025 NewsOne Nigeria