BELLVIEW Airlines may have shut down its domestic and international operations, our correspondent has gathered.
When our correspondent visited the airline's counter at the Murtala Muhammed International Airport, Lagos, on Monday, some of the workers said the airline had suspended operations until next month.
Findings however revealed that the global financial crisis and some local challenges facing the airline might have been responsible for the decision.
Hundreds of Londonbound passengers of the airline from Lagos were stranded a few weeks ago when the airline could not get airplanes to airlift them.
But a source in the airline who spoke under condition of anonymity said the airline stopped operations until the arrival of the six aircraft it ordered.
According to the source, the planes will arrive next month by which time the airline would have completed the restructuring programme it is carrying out.
The Director-General, Nigerian Civil Aviation Authority, Dr Harold Demuren, said in a telephone interview with our correspondent that the airline was not grounded by the agency, contrary to speculations by industry stakeholders.
In line with international best practices, the NCAA boss said that was expected "to do a re-appraisal when it starts cancelling flights and rescheduling operations.
"It is not true that (NCAA) grounded Bellview Airlines.
The airline with regards to international standard decided to shut down its operations temporarily, pending the time the aircraft they ordered will be flown into the country. Instead of rescheduling your flights and outright cancellations, it is better if the airline takes the option to re-organise itself."