Cantonese:


Na your wahala be that.

For now, please mind your local day to day danfo and molue buses.

Islie:
•Keyamo commends Gatwick Airport for welcoming Nigerian carrier
Air Peace started direct flights from Lagos to London on March 30, pegging its price for a round-trip economy ticket at N1.2 million on a route that foreign airlines used to charge as much as N3 million.

This prompted the foreign airlines to cut their airfares to an average of N1.4 million for a round-trip economy ticket last week. But checks yesterday showed that some foreign airlines have further slashed their prices to an average of N841,732.

Checks by THISDAY showed that prices by most of the flights have dropped significantly.

For instance, Egyptair has dropped its Lagos-London economy ticket price further to ($470) N585,620; Air Peace London to Lagos now goes for ($655) N816, 130; British Airways goes for ($787.99) N981, 848; Virgin Atlantic ($927.99) N1.1 million and Royal Air Moroc ($456.99) N569,422.

Also, RwandAir has pegged its airfare to London at ($545.35) N679,070; Ethiopian Air ($543.84) -N677, 824; Turkish Airlines ($647.84) – N807, 408; Air France London ($915.99) -N1.1 million, while KLM pegged its price to ($927.84) – N1.1 million.

Comparing the current air fares to the cost of flight tickets last week, before the entrant of Air Peace to the London market showed that a one-way economy class ticket from Lagos to London on British Airways used to cost N3 million for Economy and N11 million for Business Class, which has since dropped to N1.7 million for economy and N6.8million for Business Class respectively.

On Lufthansa, a one-way Economy class ticket from Lagos to London which also cost about N3 million and N9 million for Business class was later put at N2 million for economy class and N7 million for Business Class respectively.

On Virgin Atlantic, the same destination which used to cost about N2 million for Economy, N5 million for Economy Premium and N12 million for Business Class now cost N1.5 million for Economy, N3 million for Premuim and N6 million for Business Class.

These indicated that since Air Peace joined the Lagos-London route, foreign airlines have reviewed their fares downwards severally and as the Chairman and CEO of Air Peace, Dr Allen Onyema said in an interview on Channels TV on Tuesday, the London-Lagos route is no more lucrative because the airlines are slashing their prices to drive the Nigerian carrier out of the market.

“The same strategy is being employed right now by some of the foreign airlines to drop the price so that people will now leave Air Peace and go to those foreign airlines.

“Of course, it is a very devilish conspiracy. All of a sudden, other airlines are underpricing; that is below the cost of operation

“One other airline was advertising $100, one $350. If you fill up the entire aircraft and carry people on the wings, it is not even enough to buy your fuel, so why are they doing that?

“Their governments are supporting them because Nigeria has been a cash cow for everybody. Their governments are supporting them to do this and take Air Peace out.





https://www.google.com/amp/s/www.thisdaylive.com/index.php/2024/04/11/air-peace-flight-to-london-sparks-price-war-among-foreign-airlines%3famp=1

BarrElChapo:


People wey don knack you akpako again lol