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Airlines to begin sales of ticket in dollars amid forex uncertainty

Afolabi Hakim by Afolabi Hakim
April 14, 2022
in National
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Some foreign airlines operating in Nigeria have disclosed their plans to commence sales of flight tickets in U.S. dollars.

APG, the world’s largest passenger and cargo general sales agent, made the disclosure in an advisory to its travel partners.

It said the new arrangement will commence from April 19, 2022.

APG said that the new policy will most likely be a stopgap measure till the country’s forex situation improves.

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The new regulation, according to APG, is the result of the difficulty in repatriating airline funds stuck in Nigeria and other countries, as well as foreign exchange fluctuations.

“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,” it added.

Airlines that use the APG Interline Electronic Ticketing (IET) GP code 275 will be affected by the new policy.

South Africa Airways, Turkish Airlines, Asky Airlines, Egypt Air, Royal Air Maroc, Middle East Airlines, Rwanda Air, and Kenya Airways are among the airlines that fly directly into Nigeria under the APG IET platform.

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