The IATA said that trapped funds in Nigeria have become a major problem for foreign airlinesThis followed a report that British Airways, Ethiopian Airlines, and others might leave Nigeria soon. The International Air Transport Association has highlighted that international airlines faced challenges over trapped ticket revenues in Nigeria and other countries. It stated that if the situation is not quickly resolved, it could lead to foreign airlines exiting the country. This comes after a report that British Airways, Ethiopian Airlines, Turkish Airlines, and others might leave Nigeria soon. FG explains why foreign airlines abandon Nigeria, says the country is worst debtor to airlinesLegit.ng reported that the federal government has explained why some airlines prefer neighbouring countries to Nigeria.

Source: Ethiopian News December 25, 2023 15:01 UTC