{"id":490127,"date":"2022-05-09T09:00:14","date_gmt":"2022-05-09T03:30:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=490127"},"modified":"2022-05-09T09:08:46","modified_gmt":"2022-05-09T03:38:46","slug":"nigeria-is-first-nation-to-halt-domestic-flights-over-soaring-fuel-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nigeria-is-first-nation-to-halt-domestic-flights-over-soaring-fuel-prices\/","title":{"rendered":"Nigeria is first nation to halt domestic flights over soaring fuel prices"},"content":{"rendered":"<p>Nigeria will become the first nation to ground flights on Monday as surging prices for aviation fuel make business unprofitable.<\/p>\n<p>Airline operators \u201cwill discontinue operations nationwide\u201d until further notice, their union said in a statement. It\u2019s the latest sign of the widespread impact that Russia\u2019s invasion of Ukraine is having, although one carrier, Ibom Airlines Ltd., opted out of the cessation, citing obligations to customers.<\/p>\n<p>The war has caused massive disruption to energy markets with Russian feedstocks used to produce jet fuel and diesel becoming untouchable for many parts of the world. China has also cut its oil product export quota, limiting supplies. The loss of 3.2 million barrels a day of refining capacity in the pandemic years also doesn\u2019t help.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria will become the first nation to ground flights on Monday as surging prices for aviation fuel make business unprofitable. Airline operators \u201cwill discontinue operations nationwide\u201d until further notice, their union said in a statement. It\u2019s the latest sign of the widespread impact that Russia\u2019s invasion of Ukraine is having, although one carrier, Ibom Airlines Ltd., opted out of the cessation, citing obligations to customers. The war has caused massive disruption to energy markets with Russian feedstocks used to produce jet fuel and diesel becoming untouchable for many parts of the world. China has also cut its oil product export [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-490127","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/490127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=490127"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/490127\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=490127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=490127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=490127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}