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The Digest:

Domestic airlines have raised airfares to the South-East and South-South by over 130% for the upcoming festive season. The Cost of Coming Home. According to reports in the Vanguard, the surge has sparked an outcry from passengers, who may now be forced to choose risky road travel over flying.

Key Points:
  • Some domestic airlines have increased ticket prices by 131% for the Yuletide.
  • One-way economy tickets from Lagos to Asaba now cost over N337,000.
  • Fares to Enugu and Benin have also seen similar drastic increases.
  • Many passengers expressed frustration and are now considering traveling by road.
  • An airline operator stated that pricing is based on one-way demand during peak season.
  • The airline must price flights to cover costs, as return trips are often empty.
  • Other factors include high costs for aviation fuel, landing, and insurance.
The fare hikes highlight the painful tension between economic reality for airlines and the financial burden on travelers. The decision to increase prices reflects the harsh market dynamics of demand and supply. The Cost of Coming Home.

Sources: Vanguard