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Airlines Hike Airfares By 100% As Operating Costs Rise - Travel - Nairaland

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Airlines Hike Airfares By 100% As Operating Costs Rise by Iconstar: 5:40am On Nov 30, 2020
The cost of air tickets along several routes have doubled due to the high demand for air travel in light of the rising insecurity in the country and cost of flight operations, findings by The PUNCH have shown.

Checks on several airline websites showed that even intending passengers who booked their flights days ahead of departure were also affected.

A check on Friday on the website of Max Air showed that a one-way ticket from Maiduguri to Lagos for Saturday was put at N100,000 while the same flight costs N70,000 for Monday.

A flight from Kano to Abuja on Azman Air on Friday was put at N85,000; the same route for Saturday was put at N61,000.

A flight from Lagos to Abuja via Max Air on Monday was put at N80,000 while the same flight on Aero was fixed at N107,000.

Travelling to Kano State from Lagos on Arik Air on Saturday, cost about N70,618 while the flight would cost N65,564 for the same route on Tuesday.

It was also observed that the Lagos-Port Harcourt route, which is one of the busiest in the country, had also been affected.

A check on Arik Air’s website on Friday showed that there were no available seats till Monday and the price for the four available seats was fixed at N52, 868 each for afternoon flight and at N57,045 for morning.

Overland Airways which travels less busy routes with its much smaller aircraft also hiked its ticket prices.

Ilorin to Abuja flight was put at N56,000 on Saturday and N61, 500 on Sunday; the same route was put at a cost of N56,000 on Tuesday and N52,500 on Wednesday.

The increase in the air tickets caused a debate on social media last week as several Nigerians lamented how they had to part with large sums of money to purchase tickets.

Confirming the increments on Friday, the Managing Director of Aero Contractors, Captain Ado Sanusi, told The Punch that airlines could not access foreign exchange at the official rate while the Federal Airport Authority of Nigeria had increased its fees.


Sanusi said except airlines were given special concessions, the prices would continue to rise and could hit an average of N100,000 for even the Lagos/Abuja route.

He said, “We were buying dollars at N360 and it went to N380 but you can’t get it for less than N480.

“We are paying VAT at 7.5 per cent. We are paying 15 per cent duty on our spare parts. The boarding passes, we pay 15 per cent duty on it.

“The passenger service charge has increased by FAAN. So, don’t look at one component but look at the total reason for the increase.

“Yes, there is an increase in demand but it is caused by the lack of aircraft and this lack of aircraft is caused by unavailability of spare parts which is also caused by dollar scarcity.”

Also speaking, the General Secretary, Aviation Roundtable, Mr Olumide Ohunayo, said there was a connection between the rising airfares and the insecurity in the country.

Lagos based travel agent, Mr Ndudim Nwaoma, said, his encounter with several passengers showed that many were desperate to fly because of the high level of insecurity prevalent in the country





https://punchng.com/airlines-hike-airfares-by-100-as-operating-costs-rise/

1 Like

Re: Airlines Hike Airfares By 100% As Operating Costs Rise by Nukilia: 5:51am On Nov 30, 2020
Best time to use EDO AIRWAYS, as long as I don't land on the roof grin grin
Re: Airlines Hike Airfares By 100% As Operating Costs Rise by FunkeOseni: 5:54am On Nov 30, 2020
E be like say na bus we go dey patronize now
Re: Airlines Hike Airfares By 100% As Operating Costs Rise by Gandollaar(f): 5:57am On Nov 30, 2020
That's buharimonics. Buhar is an unfortunate leader. Too much suffering in every of his regime.
Re: Airlines Hike Airfares By 100% As Operating Costs Rise by otokx(m): 5:59am On Nov 30, 2020
Air Travel is for the rich, the middle class are still battling with increase in petrol prices.
Re: Airlines Hike Airfares By 100% As Operating Costs Rise by OOzz: 6:04am On Nov 30, 2020
Bulhary and his gang of thieves will not die good death, Insha Allah, Amin

2 Likes

Re: Airlines Hike Airfares By 100% As Operating Costs Rise by Chikarata2020(m): 6:06am On Nov 30, 2020
Looks like this people are just over hiking there ticket unnecessary due to security challenges, any way na the rich it concerns.
Re: Airlines Hike Airfares By 100% As Operating Costs Rise by Nobody: 6:06am On Nov 30, 2020
Gandollaar:
That's buharimonics. Buhar is an unfortunate leader. Too much suffering in every of his regime.

He is a cursed, useless human being
Re: Airlines Hike Airfares By 100% As Operating Costs Rise by Abfinest007(m): 6:11am On Nov 30, 2020
Buhari is killing us with poor policies other are killing us with greed
Re: Airlines Hike Airfares By 100% As Operating Costs Rise by majamajic(m): 6:15am On Nov 30, 2020
Na Xmas reach

Them ean cover all them waste for covid

Let's imagine I booked 50 tickets of dec 25th since August at 28k , resell at 150k each in December , that's cool 6Millon !
Re: Airlines Hike Airfares By 100% As Operating Costs Rise by GayPontiff: 6:44am On Nov 30, 2020
Stupid people

Re: Airlines Hike Airfares By 100% As Operating Costs Rise by Kalapizim(m): 7:11am On Nov 30, 2020
otokx:
Air Travel is for the rich, the middle class are still battling with increase in petrol prices.
which rich? its actually affordable bar this recent hike.
Re: Airlines Hike Airfares By 100% As Operating Costs Rise by Rgade: 8:04am On Nov 30, 2020
Buhari on the beat.
FAAN should with immediate effect reduce all VATs and duties charged on Airlines. The Aero guy said there's a 15% tax on boarding passes,is this different from ticket VAT? cause from what I've seen on tickets that one should be more than 50%.
Our airports don't generate much revenue and they also don't cost much to operate.
Reduce or even remove those VATs for now,govt can comfortably handle the cost of operation.
Bring them back when you fix up the economy you battered; or at least wait till after the holidays, this is travel season. Don't make life more unbearable than it already is.
Re: Airlines Hike Airfares By 100% As Operating Costs Rise by aderinsola75355: 9:34am On Nov 30, 2020
Buhari is killing us with poor policies other are killing us with greed

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