Ibom Airline will not shutdown flight services on Monday

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Ibom Airlines Ltd., (Ibom Air) says it is not taking part in the shutdown 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.

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.

“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.

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“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.

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