Tag: Airfares

Domestic airfares increased by 95% in 12 months – NBS
Aviation

NANTA seeks audit as domestic airfares hit record highs

As domestic airfares climb to unprecedented levels during the festive season, the President of the National Association of Nigeria Travel Agencies, Yinka Folami, has called for an urgent and professional audit of airline ticket pricing to protect Nigerian travellers from arbitrary costs. Folami made the call while speaking on Mainland FM, where he addressed widespread […]

Domestic airfares increased by 95% in 12 months – NBS
Aviation featured

NCAA denies multiple taxes behind high domestic airfares

The Nigerian Civil Aviation Authority has dismissed claims that domestic airfares are inflated due to multiple taxes, insisting that airlines do not pay the alleged levies and attributing the increase in ticket prices to the forces of demand and supply. The clarification was made by the Director of Public Affairs and Consumer Protection at the […]

Aviation

FCCPC launches probe into domestic airline ticket pricing

The Federal Competition and Consumer Protection Commission has announced the commencement of an expanded investigation into the pricing templates used by some airlines, which have led to high ticket rates on certain domestic routes. The primary objective of this investigation is to establish possible violations of the law’s provisions. This information was released in a […]

Policy and Regulations

ECOWAS approves plan to cut West African airfare

The Economic Community of West African States has approved significant changes designed to decrease the high cost of flying within Nigeria and the wider West Africa region. This decision is expected to revolutionize the air transport sector. The ECOWAS Commission issued a statement yesterday announcing that the Heads of State and Government, meeting at their […]

Aviation

FG has no power to fix private airlines’ airfare – Keyamo

Against the lamentations by air travelers over what they described as outrageous airfare in the country, the Federal Government on Wednesday said it lacked the legal authority to regulate or fix domestic airfares as the aviation sector has been fully deregulated for decades. Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, stated this while […]

Trapped forex: Expert pushes for ticket purchase in dollars
Aviation

Rising corporate travel keeps business-class fares stable

A new travel report shows diverging airfare trends for the fourth quarter, with economy-class intercontinental fares weakening even as rising corporate travel demand continues to support business-class prices. The report by Consultancy Advito projects that average fourth-quarter economy-class intercontinental fares will decline year over year across all global regions except Asia. The consultancy’s quarterly Travel […]

Travel agencies back FCCPC investigation into excessive airfares
Aviation

Travel agencies back FCCPC investigation into excessive airfares

The President of the National Association of Nigeria Travel Agencies, Mrs. Susan Akporiaye, has welcomed the announcement by the Federal Competition and Consumer Protection Commission to probe Nigeria’s ballooning airfare regime. Arise News reported that the NANTA leadership claimed in a statement that in recent times, and in response to the complaints of the Nigerian travelling […]