Forex shortage: Foreign airlines to sell tickets in dollars from April 19
Some foreign airlines operating in Nigeria have announced they would start selling tickets to passengers in US dollars from April 19.
This was announced in an advisory by APG – the world’s largest passenger and cargo general sales agent (GSA) and airline representation company – to its travel partners, titled: “APG IET: Restrictions of Sales in US dollars”.
APG said the difficulty in repatriating airlines’ funds stuck in Nigeria and other countries, coupled with foreign exchange fluctuation, is responsible for the new policy.
“Dear travel partners, warm greetings from APG. This is to bring to your notice that with effect from April 19, 2022, GP would only accept issuing of tickets in US dollars and not naira,” the advisory reads.
“This is mainly due to repatriation issues and the forex situation in the country. This would most likely be a temporary measure till the forex situation improves.
“Our sincere apologies for any inconveniences this may cause to you and your business. Thank you for understanding,” the advisory read.
Airlines on the APG IET platform include South African Airways, Fly Dubai, Kenya Airways, Middle East Airlines, Royal Air Maroc, Rwandair, Thai Airways, Turkish Airlines, FrenchBee, EgyptAir, ASKY, Air Seychelles, Air Algerie and Air Namibia.
Air Panama, Air Burkina, Avianca, Bangkok Airways, Cabo Verde Airlines, Fiji Airways, Hong Kong Airlines, Malaysian Air, alongside other carriers, also use the platform.
