British Airways Mulls Suspension Of Operations Over Trapped Funds
EKO HOT BLOG reports that as the issue of trapped $464m foreign airlines’ funds lingers, British Airways may stop flying to Nigeria as from December 1, 2022.
The United Kingdom airline this morning closed inventory which means travel agents would not be able to issue fresh tickets for their clients, but individuals can buy tickets only online, only in dollars.
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The decision, according to BA, was to mitigate the effect of blocked funds as foreign airlines plan to take drastic action including suspension of flights to pressure the Federal Government to release their funds.
Already, Emirates Airlines will suspend flight by September 1 over the same issue as the UAE carrier has over $85m trapped in Nigeria.
The National Executive Council of the National Association of Nigerian Travel Agencies (NANTA) confirmed the development with regards to British Airways.
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The Association advised its members not to issue or pay for tickets beyond December following the new development and deadline issued to Nigerian government by BA.
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