AON seeks FG's intervention over aviation fuel, forex

The AON stated this in a news release dated July 19 and titled ‘Airlines Continue to Struggle As Jet A1, Foreign Exchange Crises Worsen.’

In the statement which was signed by its Spokesperson, Professor Obiora Okonkwo, the AON noted that “Despite the continuous rise in the price of aviation fuel, the supply is at best epileptic and unpredictable at several airports across the country, thereby causing flight delays, and even cancellations, as airlines queue for fuel at airports across the country.”

The statement read in part, “Added to the already difficult situation, is the high cost and scarcity of foreign exchange. It is pertinent to note that airlines carry out most of their activities in the United States dollars which today, sells for N630 to $1; and is sadly also, in short supply.

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