Nigeria, April 27 -- Ibom Air has raised fresh concerns about Nigeria's deepening aviation fuel crisis, warning that it may be forced to reduce flight operations as the cost of aircraft fuel continues to surge.
In a statement on Monday, the airline said the price of aviation fuel has risen sharply in recent weeks, significantly increasing its operating costs.
According to the airline, the cost of fueling a single flight has jumped from an average of N2.1 million in January to about N7.6 million as of 26 April.
"This is a more than 350 per cent increase since the beginning of March, a space of just seven weeks," the airline said, noting that its fleet is among the most fuel-efficient in the domestic market.
Ibom Air said the developmen...
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