British Airways may quit flying to Nigeria by December 1, 2022, as the issue of the trapped $464 million in foreign airline funds continues.
Travel agents will not be allowed to issue new tickets for their clients after the British airline stopped its inventory this morning. Instead, people may only purchase tickets online and in US dollars.
According to BA, the decision was made to lessen the impact of the frozen cash because foreign airlines planned to take dramatic measures, such as suspending flights, to put pressure on the Federal Government to release their payments.
The British Airways development was verified by the National Executive Council of the National Association of Nigerian Travel Agencies (NANTA).
Following the new development and timeframe BA gave the Nigerian government, the Association recommended its members not to issue or pay for tickets after December.
The NANTA memo read: “The National Executive Council of NANTA just concluded a business meeting with British Airways and British Airways conveys assurance that it remains committed to servicing the needs of travel agencies in Nigeria.
“As members may be aware that British Airways closed inventory this morning, please be informed that this inventory closure is a necessary action taken by British Airways to mitigate increase of their trapped funds.
“However, British Airways provides reassurance that it is still flying in and out of Nigeria and is currently seeking earnest solutions to address the demands of its customers.”
Another update is that tickets can only be given online with payment in dollars, according to another email to the travel agents.
“The above message is the new development with regards to British airways. Tickets will be issued in USD henceforth and only online.
“They have also given the Nigerian government a deadline in December. By which time, if payment isn’t made, they will stop all flights into and out of Nigeria.
“Please do not pay for or issue tickets beyond December. We will update you as soon as we receive any new developments,” the communication read.