Azman Air Joins Dana Air, Aero To Suspend Flight

September 15, 2022
Azman Air Joins Dana Air, Aero To Suspend Flight
Azman Air and President Muhammadu Buhari. Photo Credit: Daily News 24 and Twitter/@MBuhari

Available air transport for passengers continue to shrink, with Azman Air joining Dana Air and Aero Contractors to suspend flight operation in Nigeria.

Having allegedly failed to meet the Air Operators Certificate (AOC) renewal process, Azman Air cancelled flight operation, reportedly informing workers to stay back at their various home. 

Join our WhatsApp Channel

Azman Air suspending its flight operation comes after the Director General of the Nigerian Civil Aviation Authority (NCAA), Musa Nuhu, said it wouldn’t renew the Air Operators Certificate (AOC) of airlines over debt. 

The government agency also intends to withhold the Air Transport License (ATL) of domestic airlines if the N42 billion and $7.8 million debt owed to the Nigerian government is not paid. 

This further reduces the number of domestic flights within the Nigerian airspace to cater to the about 13.01 million domestic air passengers. 

READ ALSO: Nigerian Gov’t To Lose Revenue To Dana Air Suspension, Aero Contractors Flight Withdrawal

Airlines in Nigeria have been struggling with high cost of operation, as rising dollar value and scarcity of the American currency in Nigeria’s official foreign exchange market affects maintenance cost, coupled with hike in aviation jet. 

When Aero Contractors suspended its passenger flight operation, it stated that, “Due to the impact of challenging operating environment on our daily operations, the management of Aero Contractors Company of Nigeria Limited wishes to announce the temporary suspension of its scheduled passenger service operations with effect from Wednesday, July 20, 2022.” 

Aero added that, “The decision was carefully considered and taken due to the fact that most of our aircrafts are currently undergoing maintenance resulting in our inability to offer a seamless and efficient service to our esteemed customers.” 

Aside from affecting the passengers, suspension of operation by Azman Air, Dana Air and Aero Contractor will also reduce the revenue President Muhammadu Buhari’s administration will generate from the aviation sector through income taxes. 

Already, the government is having revenue issue as it struggles to curb oil vandalism and theft, which has prevented the country from meeting its monthly OPEC quota, and also led to Angola and Libya overtaking Nigeria on the list of the biggest crude oil production countries in Africa. 

This has prevented the government from raising revenue in the oil industry, and led Buhari to request approval from the legislature to borrow N9.32 trillion to finance the 2023 budget which has a deficit of N12.43 trillion.

+ posts

Featured Stories

Latest from Business

Fidelity Bank Kicks Off N127 Billion Public Offer, Rights Issue Today

Fidelity Bank Is Least Performing Bank Stock In Q3 2025

Fidelity Bank was the least performing bank on the Nigerian Exchange (NGX) Limited, also known as the stock market, in the third quarter (Q3) of 2025. According to Prime Business Africa’s (PBA) analysis, out of 11 banks covered in the stock market,
Previous Story

Wizkid’s ‘Bad To Me’ Sets Record For Highest Streaming on Spotify

Next Story

Buhari Rewards Team Nigeria Contingent At Commonwealth Games, World Athletics Championship

Don't Miss

All Progressives Congress In Anambra Writes Police Commissioner, Insists No Factions In Party

The office of the National Secretary of the All Progressives

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 4th August 2025

What is the dollar-to-naira exchange rate on the black market,