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Travellers stranded as Arik suspends operations

Many air travellers booked on Arik airline are at the moment stranded across the country, following the inability of the airline to airlift them to their destinations.
Throughout Tuesday, no Arik airline flight has been operated to any destinations in Nigeria, West Africa and other routes.
It was gathered that the massive debts of the airline to major oil marketers who regularly supply aviation fuel is partially responsible for the current situation of the airline.
The exit of Arik, compounds the woes of thousands of air travelers in Nigeria who now have very limited options with Dana Air, Overland Airways, Azman and Air Peace being the only scheduled commercial airlines flying. Aero Contractors Airline and First Nation Airways had grounded their operations about a fortnight ago.
The three airlines (Arik, Aero, and First Nation) appear to have been overwhelmed, or even swallowed up, with the scarcity and paucity of foreign exchange (forex), a crisis which has engulfed the entire local airline industry making it rather so difficult for operators to insure, maintain, and buy aircraft spares abroad to stay in operation.
A source told our reporters that in addition to the airline’s inability to buy for fuel, its insurers in Europe and elsewhere had withdrawn insurance cover from the airline forcing the airline to stop flight operations altogether.
A source close to the oil marketers told our correspondent that the airline is a bad debtor as it currently owes at least N3 billion to all its suppliers, a situation, which has made them not to supply Jet A1 to the airline.
The sordid situation may also affect the airline’s long-haul operations to Heathrow Airport in London and New York in the United States of America.arik

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