Scarcity of forex forces 2 Nigerian airlines out of Lagos/Accra route

The ongoing scarcity of foreign exchange which had hitherto affected the operations of many foreign airlines in the country has started taking its toll on the domestic airlines.

While two of the mega carriers, Iberia and United Airlines had already pulled out of the country with other still threatening to follow suit, two of the domestic airlines in Nigeria have also  withdrawn their operations on the Lagos/Accra route.

According to the information gathered yesterday, Aero Contractors has suspended its Lagos-Accra operation due to  inaccessibility to foreign exchange adequate aircraft.

Aero is the oldest Nigerian airline operating the route from Lagos.

Equally, Dana Air, a new entrant on the route has suspended operations on route.

A top management official in Dana who confirmed the development, attributed the withdrawal of services on the route to high cost of foreign exchange and lack of aircraft as the one being used to service the route has gone for C-Check.

The exit of the two domestic carriers has left Arik Air and Med View Airlines still struggling to maintain their services on the route.