According to Nigerian FlightDeck, Aero Contractors Airlines has announced that it would suspend its scheduled services from Thursday September 1, 2016.
A statement from the airline management said the development was part of the strategic business realignment to reposition the airline and return it to the part of profitability.
This business decision, which is a result of the current economic situation in the country, has forced some other airlines to suspend operation or out rightly pull out of Nigeria.
In the case of Aero, Chief Executive Officer, Captain Fola Akinkuotu said the airline had faced grave challenges in the past six months which impacted its business and by extension the scheduled services operations. These factors, according to him are both internal and external environmental factors that have made it difficult for the foremost airline to continue its scheduled services.
The implication of the suspension of scheduled services operations extends to all staffs directly and indirectly involved in providing services as they are effectively to proceed on indefinite leave of absence during the period of non-services,” the Chief Executive Officer stated.
He added that “We are aware of the impact this will have on our staff and our highly esteemed customers, hence we have initiated moves to ensure that we are able to return back to operations within the shortest possible time, offering reliable, safe and secure operations, which the airline is known for.”