Realdeals:


https://tribuneonlineng.com/foreign-carriers-engage-in-price-war-to-frustrate-air-peace-out-of-london/

helinues:
It's an open market

No one is frustrating anyone .

Air peace should have made proper consultation with other airlines before splashing the average airline ticket to UK.

Win win for the travellers as the airlines would drag themselves to the extent of free falling the price .

Modified: As usual, tribal coloration must be added to my comments. Air peace is our own, we all want it's success but they can't be doing things in a wrong way without calling them out.

First Air peace trip from Nigeria to UK, they had issue in both Nigeria and UK, can everybody be wrong? Perhaps, Air peace should have a proper consultant teams that would help them to put things in order before taking any steps..

We are yet to pack the oracle from the ground, it has already started predicting. Below is the price between Ethiopian airlines and Air peace, N400k difference

CountinBlessins:


Man you are very unintelligent. You talk so much nonsense all the time. Ordinarily I would chuck it up to very poor quality education but your pattern of behavior shows an extremely low IQ individual who is garrulous and not very bright .

What do you mean by consult with foreign airlines ? Did they consult with Nigerian aviation minister or sector before tripling and quadrupling their ticket prices ?

Stop always confirming our suspicion that you are very unintelligent and learn to be silent when faced with topics your handicapped IQ cant handle .

Learn to think like a patriot and not be always so hateful and negative.
Keep your stupidity focused on your family and not this nation.

We all want a better Nigeria

helinues:


They are in the same business line. Those foreign airlines who dropped their price must have consulted themselves cos that's how things work in the industry.

Abi, how come other foreign airlines just dropped their price suddenly if not that they have consulted themselves

helinues:
It's an open market

No one is frustrating anyone .

Air peace should have made proper consultation with other airlines before splashing the average airline ticket to UK.

Win win for the travellers as the airlines would drag themselves to the extent of free falling the price .

Modified: As usual, tribal coloration must be added to my comments. Air peace is our own, we all want it's success but they can't be doing things in a wrong way without calling them out.

First Air peace trip from Nigeria to UK, they had issue in both Nigeria and UK, can everybody be wrong? Perhaps, Air peace should have a proper consultant teams that would help them to put things in order before taking any steps..

We are yet to pack the oracle from the ground, it has already started predicting. Below is the price between Ethiopian airlines and Air peace, N400k difference

CountinBlessins:
We really need to learn to be patriotic and favour our Nigerian companies and goods . If you like patronize these foreign companies for over 20.yeaes they don't respect you or see you more than just a Nigerian. They will favour and respect their own citizens more than you.

Learn to patronize and support Nigerian companies

djon78:



That's why I said they are not smart

That's the major reason there are so much underdevelopment and poverty in the Land


Majority of Nigerians can't make basic intelligent decisions

Nigeria growing Economically is still very far away because the fundamentals is still poor

And it's very very unfortunate

Realdeals:


https://tribuneonlineng.com/foreign-carriers-engage-in-price-war-to-frustrate-air-peace-out-of-london/

helinues:
It's an open market

No one is frustrating anyone .

Air peace should have made proper consultation with other airlines before splashing the average airline ticket to UK.

Win win for the travellers as the airlines would drag themselves to the extent of free falling the price .

Modified: As usual, tribal coloration must be added to my comments. Air peace is our own, we all want it's success but they can't be doing things in a wrong way without calling them out.

First Air peace trip from Nigeria to UK, they had issue in both Nigeria and UK, can everybody be wrong? Perhaps, Air peace should have a proper consultant teams that would help them to put things in order before taking any steps..

We are yet to pack the oracle from the ground, it has already started predicting. Below is the price between Ethiopian airlines and Air peace, N400k difference

helinues:
It's an open market

No one is frustrating anyone .

Air peace should have made proper consultation with other airlines before splashing the average airline ticket to UK.

Win win for the travellers as the airlines would drag themselves to the extent of free falling the price .

Modified: As usual, tribal coloration must be added to my comments. Air peace is our own, we all want it's success but they can't be doing things in a wrong way without calling them out.

First Air peace trip from Nigeria to UK, they had issue in both Nigeria and UK, can everybody be wrong? Perhaps, Air peace should have a proper consultant teams that would help them to put things in order before taking any steps..

We are yet to pack the oracle from the ground, it has already started predicting. Below is the price between Ethiopian airlines and Air peace, N400k difference

helinues:
It's an open market

No one is frustrating anyone .

Air peace should have made proper consultation with other airlines before splashing the average airline ticket to UK.

Win win for the travellers as the airlines would drag themselves to the extent of free falling the price .

Modified: As usual, tribal coloration must be added to my comments. Air peace is our own, we all want it's success but they can't be doing things in a wrong way without calling them out.

First Air peace trip from Nigeria to UK, they had issue in both Nigeria and UK, can everybody be wrong? Perhaps, Air peace should have a proper consultant teams that would help them to put things in order before taking any steps..

We are yet to pack the oracle from the ground, it has already started predicting. Below is the price between Ethiopian airlines and Air peace, N400k difference

condensedmilk:
Now I understand why Air peace where denied the license for 7 years

CountinBlessins:


Man you are very unintelligent. You talk so much nonsense all the time. Ordinarily I would chuck it up to very poor quality education but your pattern of behavior shows an extremely low IQ individual who is garrulous and not very bright .

What do you mean by consult with foreign airlines ? Did they consult with Nigerian aviation minister or sector before tripling and quadrupling their ticket prices ?

Stop always confirming our suspicion that you are very unintelligent and learn to be silent when faced with topics your handicapped IQ cant handle .

Learn to think like a patriot and not be always so hateful and negative.
Keep your stupidity focused on your family and not this nation.

We all want a better Nigeria

helinues:


Yes, that should have been the right move. Air peace met some airlines operating from Nigeria to UK, it's insensitive of Air peace to slash the pice without no proper consultation with other airlines.

If Air peace ticket to London is $700, na to just drop theirs to $650.

Everyone is allowed to play the game

Realdeals:

In the fast-paced and ferociously competitive airline sector, price wars have become like Siamese twins that can not be separated by the actors, as a surviving strategy.

While price wars are a common occurrence in the airline sector, they represent intense competition that sees airlines cut prices in an attempt to snatch passengers from their competitors. The subsequent implication may automatically trigger reduced margins and profitability. To thrive amid these price wars, airlines need strategy and competitive intelligence, specifically competitive flight price data to survive.

This is what is presently playing out in Nigeria’s air transport sector with focus on international flights since Air Peace, a Nigerian carrier, commenced flights to London Gatwick on March 30, 2024.

The exorbitant fares by the foreign carriers reached its peak following the over $800 million of their proceeds trapped in Nigeria with the mega carriers withdrawing their lowest inventory fares, leaving the highest inventory fares for Nigerians to grapple with.

The withdrawal of low inventory fares by the foreign carriers saw airlines like Virgin Atlantic increase fares on the economy class to N2.353,200 for just a seat while the business class skyrocketed to N5,345,700 on the Lagos-London route.

For Turkish airlines, the economy class ticket for the Lagos-Istanbul route rose to N874,661 while the business class ticket jumped to N1,980,876.

This was the same situation Nigerian travellers experienced with other foreign carriers like British Airways, Delta Air Lines, Lufthansa, KLM/Air France, Air Maroc and Ethiopian Airlines.

Before the foreign carriers ganged up to increase their fares, economy class tickets on the Nigeria-UK route was between N400,000 and N650,000, depending on the booking period while business class was between N800,000 and N1.2 million.

The financial pressure the exorbitant fares inflicted on the Nigerian travelers became so unbearable that those who could not afford it were forced to suspend international trips while some like students shifted their patronage to the neighboring countries where low inventory fares were available.

The rip off continued even after the federal government had paid the substantial part of the trapped funds with the outstanding funds now put around $29 million.

Relief however came with the commencement of Air Peace flights to London.

Immediately Air Peace announced its fares which have been found cheaper and more affordable for Nigerians, the foreign carriers, out of fears of losing their Nigerian, passengers to Air Peace have engaged in price wars for survival.

According to investigations, majority of the foreign carriers operating on the Nigeria/London route have conspired to drastically slash fares to the point of charging fares lower than Air Peace fares.

Apart from introducing new incentives and more friendly marketing strategies, the foreign airlines are neck deep in dangerous battles for market share that is capable of sending weaker airlines out of business and equally wreak havoc on profit margins or even challenge the very survival of Air Peace.

A price list sighted by Saturday Tribune showed Air France luring passengers to book between May 15 and June for economy class seat on the Lagos/London route with N907,782 fares as against the over N2 million for the economy it charged before now.

British Airways has also slashed its fares on the Abuja/London Heathrow to N1,394,536 as against the over N3 million it was formerly charging. Now, an economy class ticket on Virgin Atlantic from Lagos to London has been brought down to N980, 654,000 as against the N2.353,200 it used to charge.

The ongoing price wars and other gang ups by the foreign carriers which has raised concerns amongst key players have been attributed to the desperation of the mega carriers to push out Air Peace out of the Lagos/London route.

The price war strategy adopted by the foreign airlines has been described as one of the unjust engagement of the use of international Aero politics to frustrate any African carrier they see as competitive like Air Peace.

Many of the foreign carriers are said to be uncomfortable with the presence of Air Peace in view of its capacity in the areas of modern day aircraft in its fleet that can compete favourably with those of the foreign carriers.

The global record of the Nigerian carrier as a carrier that had in the past engaged in flight operations between Nigeria and other countries like China, UAE, Israel Brazil and South Africa during the pandemic seamlessly may have caused sleepless nights for the foreign carriers.

Many key players while reacting to the foreign airlines price wars described the market as extremely agile and impatient. They advised Air Peace to urgently change its game plan by making “the world taste what it means to be a truly Nigerian brand. You could see the presence of intentionality in their campaigns. It shows a clear understanding of the market. They are unleashing on Air Peace products of insights derived from the algorithm in their passengers platforms. They know where these customers are, they have their details, they may even be engaging passengers directly.”

The sudden reduction in the fares the key players said will be for the benefit of the Nigerian travelers who are the brides. They, however, expressed surprise at how the foreign airlines that refused to reduce their fares ab initio suddenly slashed the fares just to get at Air Peace.

https://tribuneonlineng.com/foreign-carriers-engage-in-price-war-to-frustrate-air-peace-out-of-london/

helinues:


Yes, that should have been the right move. Air peace met some airlines operating from Nigeria to UK, it's insensitive of Air peace to slash the pice without no proper consultation with other airlines.

If Air peace ticket to London is $700, na to just drop theirs to $650.

Everyone is allowed to play the game

proeast:


Lol, those guys are driven by primitive hate and bigotry, and incidentally they’re always from SW. Just two posts below yours, another one called seunmsg is already making a comparison between Airpeace and Arik, while hoping that Airpeace will suffer same faith like Arik. These guys are the most unpatriotic and minded bigots ever. Any country with people that has such redundant mindset never develops.

It’s so disgusting and irritating reading their senseless and bigotry driven posts.

helinues:
It's an open market

No one is frustrating anyone .

Air peace should have made proper consultation with other airlines before splashing the average airline ticket to UK.

Win win for the travellers as the airlines would drag themselves to the extent of free falling the price .

Modified: As usual, tribal coloration must be added to my comments. Air peace is our own, we all want it's success but they can't be doing things in a wrong way without calling them out.

First Air peace trip from Nigeria to UK, they had issue in both Nigeria and UK, can everybody be wrong? Perhaps, Air peace should have a proper consultant teams that would help them to put things in order before taking any steps..

We are yet to pack the oracle from the ground, it has already started predicting. Below is the price between Ethiopian airlines and Air peace, N400k difference

condensedmilk:


So Air peace should have consulted other airlines so as to maintain the high fare?

helinues:


What radarada are you talking about?

Rilwayne001: