Delta Airlines To Stop New-York-Lagos Flights Over Trapped Dollars

August 30, 2022
Delta Air Lines. Photo Credit: Business Post Nigeria

Delta Air Lines has announced that it will stop operating flights from New York JFK airport to Lagos, stating that the market environment doesn’t encourage the continuation of the flights. 

In a statement released by the United States carrier, the company said from October 4, 2022, and will only offer Lagos and Atlanta flights, which will then connect US-bound passengers to New York. 

Join our WhatsApp Channel

“Delta is suspending its nonstop service between New York-JFK and Lagos to fit the current demand environment. The airline continues to operate service between Lagos and Atlanta and offers onward connections to New York and other cities across the United States.” 

READ ALSO: EDITORIAL: Foreign Airlines And Their Nigerian Trapped Dollars

The American company said it will make provision for affected customers, transferring them to joint venture partners, “Customers impacted by our suspended New York-JFK to Lagos service will be re-accommodated on Delta operated flights or services operated by our joint venture partners. Delta remains committed to the Nigeria market.” 

Delta Air is one of the many foreign airlines contemplating on reducing or exiting their operation from the Nigerian market amid disagreement with the government authority over repatriation of their revenue. 

Recall that British Airways and Emirates Airlines have concluded on suspending flight operation in Nigeria over the $464 million foreign airline funds trapped in the country. Although the Central Bank of Nigeria (CBN) has disbursed $265 million to the airlines to repatriate part of their revenue. 

The revenue was trapped due to scarcity of foreign exchange in Nigeria. 

+ posts

Featured Stories

Latest from Business

Tony Elumelu: Personal Branding As Corporate Strategy

Tony Elumelu: Personal Branding As Corporate Strategy By Tony Onyima, Ph.D.Join our WhatsApp Channel There are four things I love about Mr Tony Elumelu, the Chairman of Heirs Holdings and the United Bank for Africa (UBA). His passion, confidence, energy, and discipline.

CBN Revokes Licences of Aso Savings, Union Homes

The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, two primary mortgage banks in Nigeria. The revocation, announced on Tuesday, December 16, 2025, through a statement
NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

NGX Extends Gains As Market Cap Increases By N13.53bn

The market capitalisation of the Nigerian Exchange Limited, also known as the stock market, closed at N95.28 trillion on Tuesday, December 16. According to data provided by the NGX, the market capitalisation grew by N13.53 billion from the N95.26 billion posted on
ASUU Strike: There's Light At End Of The Tunnel - Osodeke
Previous Story

Why We Embark On Another Indefinite Strike – ASUU

DATAPRO Affirms Nova Merchant Bank's A+, A1 Ratings, Stable Outlook
Next Story

DATAPRO Affirms Nova Merchant Bank’s A+, A1 Ratings, Stable Outlook

Don't Miss

jose peseiro reacts g x

How Super Eagles Outwit CIV In Group A Clash – Peseiro 

Super Eagles head coach Jose Peseiro insists that the team
Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Femi Otedola Sells 5% Of Geregu Power To Africa’s Supranational Bank

Africa Export and Import Bank (Afreximbank), a supranational bank, has