Airline operators in Nigeria have suspended a planned nationwide shutdown of flight operations following an appeal by the Federal Government, easing immediate concerns of widespread travel disruption.
The decision comes after the Airline Operators of Nigeria (AON) earlier warned it would halt services starting Monday, April 20, citing unsustainable operating conditions driven by rising jet fuel prices.
In a statement, AON confirmed that the suspension of the shutdown is temporary and conditional, pending the outcome of a crucial meeting scheduled for Wednesday, April 22.
LAGOS EYE NEWS reports that the meeting, convened by the Minister of Aviation and Aerospace Development, Festus Keyamo, is expected to bring together key stakeholders to address the crisis.
The minister had urged airline operators to exercise restraint and allow room for dialogue, a move that prompted the association to reconsider its planned action.
Airline operators say the surge in jet fuel prices widely linked to global supply disruptions stemming from the ongoing Iran war has significantly increased operational costs. Industry players note that fuel accounts for more than one-third of total airline expenses in Nigeria, making the current price levels particularly challenging.
The situation has been further compounded by domestic supply constraints and persistent foreign exchange pressures, according to AON, worsening the financial strain on local carriers.
Globally, airlines are grappling with similar challenges, as rising fuel costs continue to force fare increases, limit expansion plans, and alter financial forecasts.
All eyes are now on the April 22 meeting, where stakeholders are expected to seek lasting solutions to stabilize the sector and avert future disruptions.
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