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. 

Featured Stories

Latest from Business

FCCPC Clarifies One-Month Moratorium On Exploitative Pricing Amid Economic Challenges

FCCPC Flags Possible Airline Price-Fixing During 2025 Christmas Season

Nigeria’s consumer protection agency has uncovered evidence suggesting some domestic airlines may have engaged in price fixing during the 2025 Christmas travel rush. In an interim report released Thursday, the Federal Competition and Consumer Protection Commission (FCCPC) said ticket fares during December
Valuation Of Nigerian Stock Market Drops By Over N514bn

Valuation Of Nigerian Stock Market Drops By Over N514bn

On Thursday, February 26, over N514.99 billion was wiped off the market capitalisation of the Nigerian Exchange (NGX), also known as the stock market. The market capitalisation fell to N124.23 trillion, from the N124.75 trillion recorded on Wednesday, February 25.Join our WhatsApp
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

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

Fuel Scarcity: NNPC Warns Against Panic Buying, Reassures Sufficient Supply

The Nigerian National Petroleum Company Limited (NNPCL) has cautioned members

Commonwealth Games Update: Team Nigeria’s Men and Women Athletes Reach Final

Team Nigeria are through to the final of the Men's