IATA to lift Arik’s suspension from financial system

Maureen Ihua-Maduenyi

The International Air Transport Association says it is working with the new management of Arik Air to lift the airline’s suspension from its billing and financial systems.

The Area Manager, South West Africa, IATA, Dr. Samson Fatokun, said in a statement on Wednesday that Arik was suspended from the IATA Billing and Settlement Plan and Cargo Account Settlement System.

Fatokun said, “IATA is currently working with the new management of Arik Air to resolve the airline’s suspension from the IATA Billing and Settlement Plan and Cargo Account Settlement System.

“The airline’s suspension from the IATA financial systems does not affect its IATA membership or IOSA registered status. Arik Air remains a member of IATA and a fully IATA Operational Safety Audit registered airline.”

Meanwhile, investigation by our correspondent showed that despite the takeover of the airline by Asset Management Corporation of Nigeria, flight operations and other services had continued undisturbed.

A source close to the airline said that apart the suspension of the New York, London and Johannesburg flight services, others had been operational subject to availability of aircraft.

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