oneworld

Iberia Airline has withdrawn its services from Nigeria. The decision to pull out of Nigeria, which was taken Tuesday, was based on the huge financial difficulties the airline is facing due to Central Bank of Nigeria (CBN) refusal to exempt foreign airlines from its forex policy. Other foreign airlines are also contemplating pulling their services from the country. The CBN policy has prevented it from repatriating its proceeds made in Nigeria in the last few months. Foreign airlines have over US$500m trapped in the various banks. Before Iberia took this decision, foreign carriers had expressed their displeasure at the CBN policy, with many threatening to withdraw their services from Nigeria if nothing was urgently done to reverse it. <br/>

Malaysia Airlines CE Christoph Mueller has come under heavy fire following his decision to leave barely a year into his job at the airlines. Citing changing personal circumstances, the German is scheduled to leave the company, breaking his 3 year contract. The National Union of Flight Attendants Malaysia or Nufam, which took the brunt of his cost-cutting exercise when he took over, had some harsh words for him. The union accused him of running away from his job in the middle of his contract when many people had placed high hopes on him. "How can you leave the airline halfway when taxpayers have spent so much to bring him over to turn the airline around," the union asked. "We have lost many good employees all because of the management's streams of failures," it said. <br/>