Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home News

Airfares: Prices increases, passengers seek alternatives

Elizabeth OkandejibyElizabeth Okandeji
June 10, 2024
in News
0
Airfares: Prices increases, passengers seek alternatives
Share on FacebookShare on TwitterShare on Whatsapp

With less than a week until Eid al-Kabir, travelers are concerned about the sudden spike in airline prices.

In addition to causing anxiety, the crisis has affected all airlines and disrupted many people’s travel plans.

Experts in the field pointed to a number of potential contributing factors to the increase in ticket costs, including the suspension of Dana Air’s operations by Mr. Festus Keyamo, the expense of maintenance in foreign currencies, and the requirement to return aircraft from inspections.

Results also indicated that once-loyal Dana Air customers had started traveling with other airlines, increasing demand for their services and decreasing supply in the airline industry.

The typical Nigerian can no longer afford to travel by plane due to the consistent price hikes in recent years; instead, they would prefer to look for riskier but less expensive alternatives.

The country’s citizens are now uneasy and full of questions as a result of the hike. Stakeholders have actually been nervous about the development’s inability to find a long-term solution.

According to reports, Air Peace’s one-way outward and inbound tickets from Lagos to Abuja, which once sold for N85,800 to N238,200, now cost between N105,000 and N238,200. Comparably, a business domestic category ticket from Lagos to Asaba costs N238,300, while an economy flexible category ticket costs N105,000.

An economy flexible outbound one-way ticket costs at least N100,300 for anyone planning to fly on the airline from Lagos to Kano between June 11 and June 25, while a business domestic outbound ticket can cost as much as N190,600.

Travelers now have to pay at least N100,300 for the return trip in the economy flexible category from Kano to Lagos.

Between Lagos and Warri in the same time frame. An economy flexible ticket can be purchased for N105,100 to N114,500 for outbound travel, and N190,700 to N238,300 for inbound travel.

If you want to take a one-way outbound flight with Ibom Air from Lagos to Abuja between June 11 and June 25, the price range for an Ibom discount ticket is N105,100 to N124,100, while the Diamond ticket is N238,400 to N286,000.

Clarifying the matter, Professor Obiora Okonkwo, a spokesman for Airline Operators of Nigeria questioned why tickets should be sold for less money, pointing out that the cost of running an airline had increased dramatically.

In addition, Okonkwo emphasized that it was challenging to conduct business without raising costs given the cost of jet fuel, also known as Jet A1, and carrier fees. He claimed that any airline selling tickets for less than N150,000 was losing money.

Table of Contents

Toggle
  • What they’re saying
  • Why this matters
  • Final Thoughts

What they’re saying

“Why are the operators selling tickets at a lower price in spite of the charges, taxes, and cost of aviation fuel?”

“I have stated time and time again that the airline loses money on any ticket purchased for less than N150,000. A round-trip ticket from Lagos to Abuja ought to cost at least N300,000.

Why this matters

Passengers are understandably frustrated by the sudden rise in prices, especially during a peak travel season like Eid al-Kabir. The airline industry, however, has legitimate reasons for the increase, citing rising operational costs like jet fuel and maintenance.

Final Thoughts

Finding a long-term solution likely involves addressing both concerns. Transparency from airlines regarding cost breakdowns could help. Additionally, exploring government intervention to regulate fuel prices or airline practices will be necessary.

Tags: AirfareAirfares: Prices increasesfederal characterNewspassengerspassengers seek alternativesPrices
Elizabeth Okandeji

Elizabeth Okandeji

A wordsmith with a passion for all things tech. I write captivating articles and unravel complex concept in the world of technology.

Related Posts

How Did the Manchester Synagogue Attack Unfold? A Minute-by-Minute Timeline
News

How Did the Manchester Synagogue Attack Unfold? A Minute-by-Minute Timeline

October 2, 2025
What Does a 'State of Calamity' Mean for the Philippine Province Struck by Earthquake?
News

What Does a ‘State of Calamity’ Mean for the Philippine Province Struck by Earthquake?

October 1, 2025
Is Morocco the Next Nepal? Inside the Gen Z Protests Shaking the Kingdom
News

Is Morocco the Next Nepal? Inside the Gen Z Protests Shaking the Kingdom

October 1, 2025
Next Post
The Impact of a Viral Video: Hanks Anuku Discusses Career Destruction

The Impact of a Viral Video: Hanks Anuku Discusses Career Destruction

MTN and Airtel suffer losses from their FX exposures

MTN and Airtel suffer losses from their FX exposures

Tragedy Stikes as Two Nigerian Pilgrims Succumb to Death In Saudi Arabia

Tragedy Stikes as Two Nigerian Pilgrims Succumb to Death In Saudi Arabia

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Osun State Court Passes Judgement, Sentences Hotelier To Death Over OAU Student Murder

Osun State Court Passes Judgement, Sentences Hotelier To Death Over OAU Student Murder

2 years ago
Emefiele in Hot Water: Falana’s Bombshell Exposes CBN’s 3.2 Trillion Naira Dilemma

Emefiele in Hot Water: Falana’s Bombshell Exposes CBN’s 3.2 Trillion Naira Dilemma

2 years ago
Tips to Caring for your Skin During Rainy Season in Nigeria

Tips to Caring for your Skin During Rainy Season in Nigeria

5 months ago
Joe Biden Vows to Beat Prostate Cancer: Says He’s ‘Feeling Good’

Joe Biden Vows to Beat Prostate Cancer: Says He’s ‘Feeling Good’

4 months ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Is China’s New ‘K Visa’ a Direct Challenge to the US H-1B Program?

BBNaija S10: Here’s Why Fans Are Demanding Faith’s Disqualification

Supreme Court or Nothing: Rivers Emergency Suit Thrown Out

NARD Sounds Alarm as Malnutrition Wipes Out Nigeria’s Next Generation

Investors Dumped U.S. Assets Overnight As Government Shutdown

Why Are Federal Layoffs ‘Imminent’ in the Government Shutdown?

Trending

Oba Ewuare II Dismisses Iyaloja Role In Benin
Government

Oba Ewuare II Dismisses Iyaloja Role In Benin

byEriki Joan Ugunushe
October 2, 2025
0

Oba Ewuare II has spoken, and once again he has reminded everyone that Benin is not a...

Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire

Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire

October 2, 2025
Is Britain's Fight Against Antisemitism Failing After Manchester Synagogue Attack

Is Britain’s Fight Against Antisemitism Failing After Manchester Synagogue Attack

October 2, 2025
Is China's New 'K Visa' a Direct Challenge to the US H-1B Program?

Is China’s New ‘K Visa’ a Direct Challenge to the US H-1B Program?

October 2, 2025
BBNaija S10: Here’s Why Fans Are Demanding Faith’s Disqualification

BBNaija S10: Here’s Why Fans Are Demanding Faith’s Disqualification

October 2, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Oba Ewuare II Dismisses Iyaloja Role In Benin
  • Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire
  • Is Britain’s Fight Against Antisemitism Failing After Manchester Synagogue Attack

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com