Domestic Airlines In Nigeria Increase Fares By 100%

After a meeting in Lagos, domestic airline operators have resolved to increase airfares by 100% with effect from next week, March 1. The increment will be across board.

The resolution adopted by all the domestic operators sees the least economy ticket now selling for 50,000 naira, instead of the previous 22,000 naira for an hour flight.

There are indications that some of the airlines have  already fixed some of the fares that will come into effect on March 1.

Recall the airlines, under the aegis of Airline Operators of Nigeria, AON, had issued a statement complaining about the current high cost of aviation fuel.

As at the time of filing this report, the civil aviation regulatory authority, Nigeria Civil Aviation Authority, NCAA, has not issued any statement on the new fares . A source within the authority however said airfares have since be ” deregulated by NCAA, leaving market forces to determine price.”

” NCAA only intervene when an airline fixes ridiculously low airfares. That can compromise safety standard as operations of any airline is capital intensive,” he said.

-Vanguard