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Nairaland Forum / Nairaland / General / Travel / Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K (32228 Views)
Nigeria Airways Plane Being Prepared For Take-Off In Ikeja, Lagos In 1969 (Pic) / Photo Of A Foreigner Carrying A Well Maintained Nigeria Airways Bag / Captain Hadiza Lantana Oboh, Nigeria Airways’ First & Only Female Pilot (2) (3) (4)
Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by lolaxavier(m): 12:42pm On Mar 13, 2015 |
Amazing that to know a return ticket for a Lagos-New York trip was once this cheap. 7 Likes
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Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by ozoigbondu: 12:50pm On Mar 13, 2015 |
That was then when nigeria was sane and the the airway was working.Then a political party's navigator disbanded it in 2003,due to looting and mismanagement of the company by all those in power before 2003. Now we have arik airways that cannot provide holester on her seats 22 Likes 1 Share |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by omonnakoda: 12:53pm On Mar 13, 2015 |
lolaxavier:"CHEAP" is not the right word. You have to put things in ACCURATE context. There was a time when a flight to Lagos from PH was 28 Naira and a Peugeot 504 was 6000 Naira. Even then it was not "CHEAP" because bus fare was 5 Kobo and Coke was 10 Kobo and 18000 Naira a year was the highest salary in government. In those days a flight to New York would have been around 500 Naira. We are talking Shagari's government/Buhari's government. It was not "CHEAP" at all Cheap is absolutely NOT the word at all 124 Likes 8 Shares |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by 5p1naz(m): 1:00pm On Mar 13, 2015 |
17,480 naira at that time was almost equivalent to the same in dollars. so please it wasn't cheap, only the extremely rich rocked the seats of airplanes in that period. To make you understand better, here is the historical value of one U.S. Dollar in Nigerian naira - PM = Parallel Market. Date Naira per US $ 1972 0.658 1973 0.658 1974 0.63 1975 0.616 1976 0.62 1977 0.647 1978 0.606 1979 0.596 1980 0.550 (0.900 PM) 1981 0.61 1982 0.673 1983 0.724 1984 0.765 1985 0.894 (1.70 PM) 1986 2.02 (3.90 PM) 1987 4.02 (5.90 PM) 1988 4.54 (6.70 PM) 1989 7.39 (10.70 PM) 1990 7.39 (10.70 PM) 1991 8.04 (9.30 PM) 1992 9.91 1993 17.30 (21.90 PM) 1994 22.33 (56.80 PM) 1995 21.89 (71.70 PM) 1996 21.89 (84.58 PM) 1997 21.89 (84.58 PM) 1998 21.89 (84.70 PM) 1999 21.89 (88-90 PM) 2000 85.98 (105.00 PM) 2001 99-106 (104-122 PM) 2002 109-113 (122-140 PM) 2003 114-127 (135-137 PM) 2004 127-130 (137-144 PM) 2005 132-136 2006 128.50-131.80 2007 120-125 2008 115.50-120 2009 145-171M = Parallel Market. Date Naira per US $ Date Naira per US $ 1972 0.658 1973 0.658 1974 0.63 1975 0.616 1976 0.62 1977 0.647 1978 0.606 1979 0.596 1980 0.550 (0.900 PM) 1981 0.61 1982 0.673 1983 0.724 1984 0.765 1985 0.894 (1.70 PM) 1986 2.02 (3.90 PM) 1987 4.02 (5.90 PM) 1988 4.54 (6.70 PM) 1989 7.39 (10.70 PM) 1990 7.39 (10.70 PM) 1991 8.04 (9.30 PM) 1992 9.91 1993 17.30 (21.90 PM) 1994 22.33 (56.80 PM) 1995 21.89 (71.70 PM) 1996 21.89 (84.58 PM) 1997 21.89 (84.58 PM) 1998 21.89 (84.70 PM) 1999 21.89 (88-90 PM) 2000 85.98 (105.00 PM) 2001 99-106 (104-122 PM) 2002 109-113 (122-140 PM) 2003 114-127 (135-137 PM) 2004 127-130 (137-144 PM) 2005 132-136 2006 128.50-131.80 2007 120-125 2008 115.50-120 2009 145-171 37 Likes 2 Shares |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by Nobody: 1:00pm On Mar 13, 2015 |
lolaxavier: Of course....back then a brad new Peugeot cost N6000..... 2 Likes 1 Share |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by free2ryhme: 1:00pm On Mar 13, 2015 |
1 Like 2 Shares |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by Deltagiant: 1:00pm On Mar 13, 2015 |
Even at this price, Nigeria has already lost its bearing. We have read how Lagos Newyork return ticket was 600 Naira in 1982. So what's the news here? 1 Like |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by free2ryhme: 1:01pm On Mar 13, 2015 |
and today we don't even have a single commercial national carrier corrupt govt 5 Likes |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by mmsen: 1:01pm On Mar 13, 2015 |
You don't realize how the Naira has depreciated since then if you think that price was 'cheap'. All fiat currencies depreciate - they are not backed by anything. 3 Likes 1 Share |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by GeneralBosco: 1:01pm On Mar 13, 2015 |
[s] MusaIbrahim1:[/s] Was the Nigerian Airways not operating under Buhari's government?? The rate at which some of you just spill lies against this man is just sickening. 13 Likes 1 Share |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by Nobody: 1:01pm On Mar 13, 2015 |
lolaxavier: That was when the naira had strong value. |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by peteruuu(m): 1:01pm On Mar 13, 2015 |
o boy! see price ooo Btw,that was a very huge price as at that time though. |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by MKO4ever(m): 1:01pm On Mar 13, 2015 |
Then, our naira had more value than pounds 1 Like 1 Share |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by alaoeri: 1:01pm On Mar 13, 2015 |
Una see wetin PDP turn this country into. 1 Like 1 Share |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by Nobody: 1:01pm On Mar 13, 2015 |
Chaiii, when things were good... |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by Nobody: 1:01pm On Mar 13, 2015 |
free2ryhme: Actually.,....the blame for Nigeria Airways' collapse goes back to the Shagari govt. Then the economic downturn of the 1980's,...which made it difficult to maintain or replace planes....plus the fact that Nigerians love cheap things (people refusing to pay excess luggage charges for instance....).....and the fact that NA became a looter zone....and was not run properly....led to NA's collapse. By 2001....NA had just one plane.(Down from 30 in 1979). By contrast Ethiopian Airlines which is older than Nigeria Airways is still around.... because they had a series of CEO's who knew when to cut costs...and when not to. And when them CEO retires...the replacement is a handpicked clone. IMO....we should have privatized the thing in the 1990's...and given it to the kind of guy who turned BA and later Emirates Air around. 2 Likes |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by MadCow1: 1:01pm On Mar 13, 2015 |
omonnakoda: Basically, they are not factoring in the Time Value of Money.. At that time, that Ticket price would have bought a fairly used car.. |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by chamboy(m): 1:01pm On Mar 13, 2015 |
omonnakoda:it shows strong value of d currency called NAIRA |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by Nobody: 1:02pm On Mar 13, 2015 |
Before Buhari Ousted Shagari and led us into pain... silly old man that cannot protect his regime from IBB is promising us Security... 3 Likes |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by Siga: 1:02pm On Mar 13, 2015 |
.... Haba... not logical to compare prices ... alot to consider.... Oil don boom and all... |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by tunde1200(m): 1:02pm On Mar 13, 2015 |
hmmmm see when Naija was ok.... |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by ribbit: 1:02pm On Mar 13, 2015 |
That was when a dollar is equivalent to 1naira not now that our economy has grown so well under iweala statistics that one dollar is as cheap as 240naira. |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by greall12(m): 1:02pm On Mar 13, 2015 |
Then naira & dollar are equal rate. |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by mykh01(m): 1:03pm On Mar 13, 2015 |
Once opon a time. Thank God I made front page. |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by MKO4ever(m): 1:03pm On Mar 13, 2015 |
MusaIbrahim1: You must be drunk 3 Likes |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by delegiwa(m): 1:03pm On Mar 13, 2015 |
omonnakoda: Nothing more to add! 1 Like |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by Nobody: 1:04pm On Mar 13, 2015 |
NO THINGS WERE NEVER CHEAP IN NIGERIA. 1 Like 2 Shares |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by Coldfeet(f): 1:04pm On Mar 13, 2015 |
My great grand mother who fought in Burma told us how the whole village made contributions for her papa to buy A ticket to NYC! The man came back with oyinbo girl that oyinbo girl became my great great grand mother 1 Like |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by chamboy(m): 1:04pm On Mar 13, 2015 |
MadCow1:dnt forget then der was less competition in airline business |
Re: Check Out Throwback Pix Of Nigeria Airways, Lagos To New York For Less Than N18K by MizyB(f): 1:07pm On Mar 13, 2015 |
Sorry o, buh how much does it cost now? |
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