ETinCaribe wrote:AF022 wrote:Airliners have posted that EK will reduce LOS frequencies to one per day from two per day. I believe airlines are having trouble getting their cash out from Nigeria. This maybe the reason.
Nigeria will float the Niara starting on Monday, a vast devaluation is expected, so looks like many of the airlines will lose at least half of the value of their cash in Nigeria when they take it out of the country in hard currency.
Anyone has the list of airlines that have either stopped or reduced frequency to Nigeria?
From this link on VOA it sounds like EK doesn't accept niara anymore as a form of payment. Also sound very confident that BA, ET and TK won't pull out. I see SAA also sticking it out but possibly reducing capacity