L
LequteMan
Guest
Nigeria - Following fluctuations in the price of aviation fuel, Jet-A1, coupled with the Naira devaluation, airlines in the country have hiked flight fares by 60%, Punch reports.
Most airlines operating one hour flights across the country had adjusted their fares upwards; a one-way Flight from Lagos to Abuja that usually attracted between N15,000 and N20,000 had been raised to N25,000 or N35,000, depending on the airline.
Former Secretary-General, Airline Operators of Nigeria, Mr. Mohammed Tukur, said "the airline operators have even tried. When the naira started falling, they did not increase airfares. But since it has persisted and is now affecting Jet-A1, they have to adjust the fares in order to survive."
“A lot of people do not have money to fly again. People are cutting down on travels in order to save money and this is because of the economic hardships.”
“The oil marketers import aviation fuel and that is a problem. They have to buy dollar at high rate despite interventions by the Central Bank of Nigeria. So, it is a problem."
#Nigeria #Airlines #ArikAir
Most airlines operating one hour flights across the country had adjusted their fares upwards; a one-way Flight from Lagos to Abuja that usually attracted between N15,000 and N20,000 had been raised to N25,000 or N35,000, depending on the airline.
Former Secretary-General, Airline Operators of Nigeria, Mr. Mohammed Tukur, said "the airline operators have even tried. When the naira started falling, they did not increase airfares. But since it has persisted and is now affecting Jet-A1, they have to adjust the fares in order to survive."
“A lot of people do not have money to fly again. People are cutting down on travels in order to save money and this is because of the economic hardships.”
“The oil marketers import aviation fuel and that is a problem. They have to buy dollar at high rate despite interventions by the Central Bank of Nigeria. So, it is a problem."
#Nigeria #Airlines #ArikAir
