By By Micheal Chukwuebuka
AIRLINE Operators of Nigeria (AON) has suspended a planned nationwide shutdown of flight operations over what they described as crippling fuel prices.
The suspension is, as a result, the government appeal to halt the action pending talks
They had warned it would halt services from Monday, April 20, saying surging jet fuel costs has made operations unsustainable.
AON, in a statement, said it agreed to pause the action following an appeal from Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo,SAN who called for restraint and dialogue
The suspension was conditional pending the outcome of a meeting for all concerned parties scheduled for April 22, at the instance of the Aviation minister
Soaring jet fuel prices have upended the global aviation industry as a consequence of the Iran war, forcing airlines to raise fares, curb growth plans, and rethink forecasts.
Nigerian airlines operators of Nigeria saysv the jet fuel price surge has been exacerbated by supply constraints and foreign exchange pressures, significantly increasing operational costs.
Fuel typically accounts for more than a third of airlines’ expenses in Nigeria.
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