Air Peace Nigeria Limited has reported a significant financial setback due to the ongoing strike by unions and workers of the Nigerian Meteorological Services Agency (NiMet).
The airline may have lost up to $1 million in revenue following the suspension of its flight operations, which affected approximately 150 flights.
An anonymous Air Peace official described the financial impact as “massive” and “humongous,” explaining, “What we have lost is massive, it’s humongous. Air Peace, we do a minimum of 100 flights a day. When you check the passenger load, you’ll understand how much we lost, as well as how much the Federal Government lost, and how the economy is bleeding.”
The temporary suspension, which began on Tuesday evening and continued through Wednesday, is estimated to have cost Air Peace between $900,000 and $1.2 million after factoring in fuel and airport handling savings. Each flight typically generates around $10,000 in revenue.
Despite the financial loss, the airline emphasized that the suspension was based solely on safety concerns.
“We prioritise safety. And this now will tell you what Air Peace has been preaching all along,” said the official, highlighting the airline’s commitment to passenger safety.
“Before we embark on any trip, when we are doing the pre-flight check, and we notice anything that’s not working well, we ground that plane immediately. And make sure that we fix it before we fly.”
