Skyrocketing Prices: Local one-way flight costs soar to N200,000 ahead of festive travel season

Date:

Must Read

Crowds cheer as El-Rufai steps out in Kaduna, video goes viral

Kaduna came alive with excitement as former Governor Nasir...

Coalition: South-East mobilizes for 2027 VP, urges Peter Obi to clarify stance or step aside

As the 2027 Nigerian general election approaches, South-Eastern residents...

REVEALED: Real reasons behind Ganduje’s abrupt “resignation”

Abdullahi Ganduje, the national chairman of Nigeria’s ruling All...

Domestic travelers during the festive season are facing increased airfare challenges, with local airlines doubling prices on popular seasonal routes.

Airfares, which rose to an average of N100,000 for one-hour Economy flight tickets in October, have further increased to N200,000 for flights on East and Southern routes. Round-trip tickets are now priced between N350,000 and nearly half a million, depending on seat availability, NN News Media gathered.

According to The Guardian the fresh spike is not unconnected with a high cost of operation, limited capacity, high demand that is typical of this period, and alleged exploitation.

Findings across the airlines, yesterday, showed that the average fare of N70,000 for a one-hour (one-way) flight in early October has increased to between N120,500, and N270,000, depending on the airline and time of booking.

On Air Peace, for instance, the Lagos-Anambra flight travel date, in the week ahead of Christmas, yesterday sold at N171,500 for one-way. After Christmas, it sells for an average of N66,900. Lagos-Enugu flight ranges between N123,900 and N266,800, one-way.

Lagos-Enugu flight on United Nigeria Airline (UNA) is competitive, ranging between N125,500 and N220,500 per seat. Lagos-Anambra on UNA also sold at between N142,500 and N200,000. Abuja-Anambra in United Nigeria ranged between N142,500 and N220,500.

Meanwhile, flights on the traditional routes of Lagos, Abuja, Port Harcourt and Kano remain in the range of N100,000, and N160,000

The Guardian earlier reported that the steady free-fall of the naira value to dollar would keep registering new odd records in the air transport sector. With aviation fuel now almost N1000/litre, operators cum travel agencies are in a pricing dilemma.

Amid a hike in the exchange rate, domestic carriers have since last year seen aviation fuel steadily rise by 400 per cent (in the last three years) and the cost of operations unbearable.

Chairman of United Nigeria Airlines, Prof. Obiora Okonkwo, who also doubles as the spokesperson of the Airlines Operators of Nigeria (AON), noted that domestic airfares, for so long, did not tag along with hikes in fuel price, FX and other cost of operations, just for the affordability of the public.

Okonkwo said: “We are subsidizing the cost of seats per flight. So, if you see fare increases now, please understand. They may still be higher because we are not covering the cost of operations. The little adjustment is to serve the public better. It is better to fly safe, be viable and remain in business than just flying cheap and risk collapse,” Okonkwo said.

The Chief Executive Officer (CEO) of Aero Contractors, Capt. Ado Sanusi, however, blamed the fares on airlines that have monopolised some of the Eastern routes, due to low capacity.

Sanusi said some airfares on some routes are exploitative, citing the South-east and South-south routes.

He proposed increased capacity and canvassed additional airlines to join the existing operators.

“I believe that there are some exploitative tendencies and prices. I believe so, especially on the monopoly routes. The eastern routes are somehow monopolised and come with exploitative prices.

“It’s the capacity. If we have more airlines coming into the country and the Nigeria Civil Aviation Authority (NCAA) allows more airlines to fly, then it will bring the price down.

“The more airlines we have flying, the more competitive it becomes and the more the prices will go down, but since we make regulations that are so hostile to start-up airlines, then, the prices will always go up.”

The operators have routinely criticised the CAA’s policy that mandates scheduled local carriers to have a minimum of six aircraft fleet, to ease flight delays and cancellations.

spot_imgspot_imgspot_img

Latest News

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!
logo-nn-news-small
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.