Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,209,766 members, 8,007,085 topics. Date: Tuesday, 19 November 2024 at 03:29 PM

Price Of Air Tickets Rises To N70,000, May Hit N150,000 - Travel - Nairaland

Nairaland Forum / Nairaland / General / Travel / Price Of Air Tickets Rises To N70,000, May Hit N150,000 (932 Views)

Passengers Groan As Return Air Tickets Climb N500,000 On Monopoly Routes / Debris Of Chinese Rocket May Hit Abuja This Weekend / New Nigeria International Passport To Cost N70,000 - Immigration Service (2) (3) (4)

(1) (Reply) (Go Down)

Price Of Air Tickets Rises To N70,000, May Hit N150,000 by BeeBeeOoh(m): 12:01pm On May 09, 2022
Nigerian airlines are beginning to hike the price of air fares to reflect the impact of the high cost of aviation fuel on their activities.

Price of tickets as of Monday, May 9, 2022 rose to between N68,000 and N75,000 depending on the airline.

Ibom Air fixed its price for a 1 hour 15 minutes flight from Lagos to Abuja at N75,000, while its 4pm flight was pegged at N63,000.

Air Peace price and Dana are selling between N55,000 to N58,500 for economy tickets.

The price change is coming after airlines under the Airline Operators of Nigeria (AON) called off their planned warning strike.

Airline operators said they were buying fuel at N190 per litre in January but by March, it rose to N440 before hitting N700 in May.

AON had on Friday said based on the unit cost per seat, a ticket for an hour trip was supposed to cost N150,000.

Air Peace founder and Chief Executive Officer, Allen Onyema told Arise Tv that the “unit cost is not sustainable.”

“As an operator, you look at unit cost per seat and decide which of your inventory to implement. It rose within weeks to N500 and N600. We met with the National Assembly.

“Just about a week ago, (it rose to) N700. We are on the march towards hitting N1,000 if nothing is done. Then what do we do?

“The economics of the game is longer there. The unit cost per seat of an aircraft now is about N120,000. The option open to these airlines is to put the burden on the flying public and for us to do that, the least seat will be N150,000.

Onyema questioned the number of Nigerians that can afford the price hike of N150,000, adding that it would have a ripple effect on the current inflationary pressure.

“How about the inflationary trends? It will spiral out of control. When people start flying at N150,000 as base fare, they are going to apply to other commodities. There will be inflation,” he said.

https://thewhistler.ng/price-of-air-ticket-rises-to-n75000-may-hit-n150000/

Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by Ayobiggie59: 12:02pm On May 09, 2022
This is serious. We can't travel on the road and rail cos of insecurity and now to travel by air has been inflated and made unbearable.


We don enter am.

2 Likes

Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by inoki247: 12:04pm On May 09, 2022
Plane wey we still enta 25k last year.....


oh ma wa ga oh with the way things are going he be like say na only ritualist and Politicians go dey enta plane ..

I no sure say ordinary civil servant fit afford this fare talkless of Lecturers angry shocked shocked

1 Like

Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by Rastaramsey(m): 12:04pm On May 09, 2022
Nigeria jagajaga lipsrsealed
Those fools wan run election now undecided undecided

Which other foolish empty promises APC party members won make again

He no go better for Buhari and his assistant pastor undecided
Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by LeoDeKing: 12:05pm On May 09, 2022
70k and likely to hit 150k?

Now, this is extortion.

Airline operators hinging on some unpleasant factors to rip off travelers.

The argument is on increase in aviation fuel. But as we all know, the flight fare itself is usually less than 50% of the flight ticket while airports charges and some other taxes account for over 50% of the ticket.

So is it that as the aviation fuel increased, those other charges are also doubling?

The govt and airline operators need to take it easy and stop stretching Nigerians beyond elastic limit, otherwise, I dey fear for the consequences. If things scatter, no be wetin dem dey think oh, e go pass like that.

I can't imagine coughing out 150k just to land in Abuja from Lagos, a flight of less than 1 hr. angry

2 Likes

Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by DoggoneDogg: 12:06pm On May 09, 2022
How much for the Presidential jet?

Its a Boeing 787 and can contain 300+ Nigerians. Why should only one useless corpse have access to it?

1 Like

Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by Mjshexy(f): 12:15pm On May 09, 2022
The country is presently on life support and the only thing on the minds of these egocentric leaders is next year's election. If there's no Nigeria, how is there going to be an election? angry
Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by LeoDeKing: 12:20pm On May 09, 2022
DoggoneDogg:
How much for the Presidential jet?

Its a Boeing 787 and can contain 300+ Nigerians. Why should only one useless corpse have access to it?
Go to the airport and board the presidential jet, it's as easy as that. Tell the officials the jet is Nigerian property and you are a Nigerian. The jets are in the airport, presidential wing, go board it and stop disturbing us here about the only "useless corpse" accessing it.
Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by DoggoneDogg: 12:23pm On May 09, 2022
[s]
LeoDeKing:

Go to the airport and board the presidential jet, it's as easy as that. Tell the officials the jet is Nigerian property and you are a Nigerian. The jets are in the airport, presidential wing, go board it and stop disturbing us here about the only "useless corpse" accessing it.
[/s]

Are you related to the Corpse of Daura?
Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by LeoDeKing: 12:25pm On May 09, 2022
DoggoneDogg:
[s][/s]

Are you related to the Corpse of Daura?
No, I'm not related to the corpse of Daura.

So go board the jet only the corpse of Daura can access.
Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by DoggoneDogg: 12:29pm On May 09, 2022
[s]
LeoDeKing:

No, I'm not related to the corpse of Daura.

So go board the jet only the corpse of Daura can access.
[/s]

1 Like

Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by LeoDeKing: 12:30pm On May 09, 2022
DoggoneDogg:
[s][/s]
Okay, go board the presidential jet.
Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by Macphenson: 1:38pm On May 09, 2022
LeoDeKing:

Go to the airport and board the presidential jet, it's as easy as that. Tell the officials the jet is Nigerian property and you are a Nigerian. The jets are in the airport, presidential wing, go board it and stop disturbing us here about the only "useless corpse" accessing it.

What is paining him is that another "useless corpse " is planning to start using it after the first one is done.
Re: Price Of Air Tickets Rises To N70,000, May Hit N150,000 by missyojo(f): 7:54pm On May 09, 2022
I don't even know where this country is going to again. Me that I want to experience my first flight during December period, now it can't be possible again. Oga ooo

(1) (Reply)

Hotel Near US Embassy Lagos / 26 Visa-free Countries For Nigerian Passport Holders In July 2023: Explore Now! / The Gross Incompetence Of UPS Courier Company

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.