|forcing the airline to delay weekly payment of insurance charges. And delay in flight schedules due to constraints in payment for aviation fuels.
The situation is reportedly so stretched that the chief executive officer now take keen interest in ticket sales to tend to cost of aviation fuel.
Babalola is further alleged to be dodging sanctions based on strong rapport with top players at the NCAA that are giving him a bit of cover.
However officially reacting to the situation via enquiries papermacheonline, the platform that broke the story of his outfit’s financial duress in October, Babalola replied ‘‘how is that possible? The ticket sales is not more than 5 million naira, so its very degrading to say I monitor the sales myself to fuel the planes
‘if we are having a financial difficulty, its expected because ours is a new company but we are not.’