The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Top News

Jet A1 Price Hike: Ibom Airline Will Not Withdraw Flight Services – Statement

Next Edition by Next Edition
May 8, 2022
in Top News
Ibom Air To Get 10 Additional Aircraft – Gov. Udom
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Ibom Airlines Ltd., (Ibom Air) says it is not taking part in the withdrawal of flight services as announced by Airline Operators of Nigeria (AON).

AON had hinged its resolve to shut down domestic flights over the increase in the price of aviation fuel.

You might also like

Lagos Re-opens Oko-Oba Abbatoir

Gunmen Abduct, Kill Anambra Chief After N15m Ransom

One Killed, Five Injured As Landmine Explodes In Imo Market

The airline’s Chief Executive Officer, Mfon Udom, in a statement on Saturday in Lagos,
explained that the clarification was necessary to let members of the public know the airline’s stance on the matter.

According to the statement, the carrier cited its financial obligations to suppliers, financiers and workers who depend on an uninterrupted flow of revenue to service as reasons for remaining in service.

READ ALSO: Pastor Tunde Bakare Picks APC’s Presidential Nomination Forms

“More importantly, having been paid by customers in advance for flight bookings, we are bound by contract to deliver the services already paid for, to avoid exposing us to the risk of avoidable litigation.

“We acknowledge the existential threat that these runaway fuel price increases pose for the air transport industry in Nigeria. We agree that this out-of-control situation is simply unsustainable.

“However, every airline has its unique business model and pressures. We believe that in spite of the escalating fuel prices, airlines volunteering to stop operations will rather exacerbate an already bad situation.

“Ibom Air has financial obligations to suppliers, financiers, and staff, which depend on an uninterrupted flow of revenue to service.

“More importantly is the fact that having been paid by customers in advance for flight bookings we are bound by contract to deliver the services already paid for, to avoid exposing the airline to the risk of avoidable litigation.”

The statement noted that apart from the above factors, the airline was currently the only airline serving Akwa Ibom State directly and as such, any voluntary stoppage of operations would completely cut off access by air into and out of the state.

It assured the public that the airline would continue normal operations on Monday and beyond, adding that the Ibom Air’s inclusion as “signatory” to the statement released by AON must have derived from its active and committed membership of the association.

“Notwithstanding the current situation, we identify strongly with our AON colleagues and will participate in every effort to resolve the frightening situation in the interest of our business, customers, stakeholders and the country,” the airline added. (NAN)

Tags: -Police#EndSARSAbujaAtikuBenue StateBreakingBuhariCovid-19Federal GovernmentPeoples Democratic Party
Next Edition

Next Edition

Recommended For You

Lagos Shuts Oko-Oba Abattoir Over Unsanitary Practices

Lagos Re-opens Oko-Oba Abbatoir

  The Lagos State Government has directed the immediate re-opening of the Oko-Oba Abbatoir in Agege following the fulfillment of sanitation and hygienic prescriptions by the operators. The...

Gunmen Invade Monarch’s Palace In Benue, Kill Son, Abduct Daughter

Gunmen Abduct, Kill Anambra Chief After N15m Ransom

  Panic has gripped the Nimo community in the Njikoka Local Government Area of Anambra State following the murder of a prominent traditional titleholder and community leader popularly...

Police Arrest Woman Taking Daughters To Bandits For Sex

One Killed, Five Injured As Landmine Explodes In Imo Market

A landmine exploded inside Eke Ubaheze Market Square in Awo-Idemili, Orsu LGA of Imo state on Tuesday, killing one person and injuring five others. The blast, which occurred...

Imo NDLEA Confirms Arrest Of Alleged Notorious Drug Dealer

NDLEA Seizes 1.94m KG Of Illicit Drugs In Abia, Arrests 222 Suspects

  The National Drug Law Enforcement Agency (NDLEA), Abia State Command, said it has seized about 1.94 million illicit drugs, and arrested 222 suspects in one year.  ...

Next Post
Rangers Int’l FC Trounce Heartland 3-1 In Awka

Rangers Int’l FC Trounce Heartland 3-1 In Awka




Related News

FG Protests as Ghana Deports 773 Nigerians

FG Protests as Ghana Deports 773 Nigerians

Nigeria’s Pension Fund soars to N8.14 trillion

Pension Fund Hits N12.66trn – PenCom

New Police

Abductors Set Methodist Prelate, 3 Others Free




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited