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Airlines Exit Nigeria on Slow Economy Hit by Dollar Shortage

  • IATA says carriers owed $575 million as oil crimps income
  • Iberia and United Airlines suspended Nigeria routes in May
Updated on

International carriers may follow the example of United Airlines and Iberia and halt operations in Nigeria or cut flights as they struggle to move revenue out of the country because the oil-price slump has depleted the West African nation’s foreign exchange reserves.

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