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Nigeria: Local Airline, Aero Contractors Halt Flight Operations Over Worsening Economic Crises

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First with the News

Nigeria: Local Airline, Aero Contractors Halt Flight Operations Over Worsening Economic Crises

July 18, 2022
in Economy, Top Stories
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By Enyichukwu Enemanna

Nigeria’s oldest airline, Aero Contractors, has temporarily suspended operations over worsening economic crisis.

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It cited high cost of maintenance, skyrocketing fuel prices, inflation, and forex scarcity resulting in high foreign exchange rates as reasons for temporary cessation of operations.

In a statement on Monday announcing the development, the airline said the suspension of operation would take effect on July 20.

The statement said the temporary cessation of operations “does not in any way affect the Maintenance activities of the Approved Maintenance Organisation (AMO) otherwise known as AeroMRO, the Approved Training Organisation (ATO) also known as Aero Training School, the Helicopter and Charter Services operations.”

The airline operator insists that this decision was carefully considered and taken considering that most of its aircrafts are currently undergoing Maintenance, resulting in its inability to offer a seamless and efficient service to customers.

It further hinted that efforts are ongoing to bring the aircrafts back to service in the next few weeks, “so we can continue to offer our passengers the safe, efficient, and reliable services that Aero Contractors is known for, which is the hallmark of Aero Contractors Company of Nig. Ltd.”

The statement partly reads, “The past few months have been very challenging for the Aviation industry and the airline operators in particular. With the high cost of maintenance, skyrocketing fuel prices, inflation, and forex scarcity resulting in high foreign exchange rates. These are amongst the major components of airline operations.

“In the meantime, we are working assiduously to return to service as quickly as possible, and do assure our esteemed customers and stakeholders of our determination, that our short absence will not create any major void in the market, as we are coordinating with our business partners to ensure minimum discomfort to ticket holders.

“As members of Spring Alliance (a commercial alliance with member airlines providing mutual support in the area of operations), we are liaising with our partner airlines to minimise the impact on our esteemed customers.

“Our customer service team will be working to help affected esteemed customers reach their destinations.

“We sincerely apologise for any inconvenience caused to our esteemed customers and promise to return to service as soon as possible. We thank you in advance for your cooperation and understanding at this time.”

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