Aviation

Aviation Fuel: FG Begs Airline Operators Not To Shut Down

The Federal Government has appealed to Airline Operators of Nigeria( AON) not to shut down air operations on Monday 9th of May 2022 over the rising cost of aviation fuel.

The minister of Aviation, Senator Hadi Sirika, made the appeal on Saturday in a statement by his Special Assistant on Public Affairs, James Odaudu.

TheFact Nigeria gathered that these airlines;Max Air, United Nigeria Airways, Ibom Air, Arik Air, Air Peace, Dana Air, Azman Air and Overland Airways had on Friday 6th of May written to the minister of aviation on the need to shut down air operation following the rise in the cost of aviation fuel.

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According to AON, aviation fuel price (JetA1) has risen from N190 per litre to N700. They said, no airline in the world can absorb the
hike.

However, Sirika pleaded that the operators should consider the multiplier effect the shutdown would have on the Nigerians.

The statement reads in full:,”The attention of the Honourable Minister of Aviation, Senator Hadi Sirika has been drawn to reports that the nation’s air transportation system will be disrupted as from Monday May 9th, 2922, following threats by airline operators to shut down operations as a result of rising cost of Jet A1, otherwise known as aviation fuel.

“As the Ministry charged with the management of the industry, we are greatly concerned about the difficulties being faced by the airline operators in the country in procuring aviation fuel which has resulted in spiraling costs in Air transportation in the immediate past.

“We also acknowledge that the airline operators are in the business to make profits, while servicing the very critical sector that is not only the preferred mode of transport for most Nigerians, but also the main international gateway to the nation.

“Unfortunately the issue of fuel supply is not within the purview of the Ministry and so the much it can do in the present situation is to engage with agencies, institutions and individuals in positions to provide succour to the airlines. This is already being done by the relevant team led by the Honourable Minister.

“While the efforts to assuage the situation are on, we wish to appeal to the airline operators, even in the difficult situation, to consider the multiplier effect of shutting down operations, on Nigerians and global travellers, in taking their business-informed decisions and actions.

“We also assure Nigerians, especially stakeholders in the sector, that the Buhari administration remains stoic in its commitment to the creation and sustenance of an environment that promotes the growth of the aviation industry where major players like the airlines can operate in a profitable and competitive market.

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