Airlines Archives - Page 2 of 8

FCCPC Uncovers Price Manipulation By Airlines During 2025 Festive Season

Posted on February 26, 2026February 26, 2026 by Wole Shadare

Carriers to face heavy fines over exploitative fares The Federal Competition and Consumer Protection Commission (FCCPC) released an interim report on February 26, 2026, uncovering significant patterns of price manipulation by domestic airlines during the December 2025 festive season. While the Commission has not yet issued the final fines, it has established a legal basis for significant penalties under the FCCPA 2018. The investigation, led by Executive Vice Chairman Tunji Bello, concluded that while demand…

Post-Yuletide: Festive bazaar ends as airlines fly empty, return to equilibrium

Posted on January 28, 2026 by Wole Shadare

While the ‘Yuletide bazaar’ saw tickets peaking between N400,000 and N650,000 due to desperate demand, the post-holiday return to normalcy is proving to be a sober reality check for the industry, writes WOLE SHADARE As the “Yuletide Bazaar” winds down, the Nigerian aviation market is experiencing its traditional but sharp correction. The shift from the N300,000– N600,000 peak-season spikes back to low-season pricing is now in full swing, though the floor for these fares…

Airlines mull further fare hikes over high operational costs

Posted on January 26, 2026January 26, 2026 by Wole Shadare

…lament almost empty flights ….Why we’re flying at a loss, by Okonkwo Nigerian carriers are lamenting the sharp drop in load factor, especially after the peak Yuletide season, a situation they said is leading to revenue losses. The spokesman for Airline Operators of Nigeria (AON), the umbrella body for airlines in the country, Prof. Obiorah Okonkwo, said that from late January and into February, the carriers were practically flying empty because the market was low….

Airlines’ profit margin can’t withstand operational shocks-Nwuba

Posted on January 24, 2026January 24, 2026 by Wole Shadare

· …says rising cost, declining passenger numbers threaten carriers’ survival …FCCPC, NCAA, NANTA fault opaque fare structure, want transparency Aviation analyst Alex Nwuba has opened up on why airfares are high, while stressing that domestic airlines operate on dangerously thin margins despite the high airfares. Nwuba made the observation during an aviation town hall webinar…

Airlines on cliffhanger

Posted on January 13, 2026 by Wole Shadare

The Nigerian aviation industry is often described as a quagmire—a complex, sticky situation where every attempt to solve one problem seems to trigger another. This goes beyond just high prices; it is a structural trap involving debt, taxes, and a lack of local technical self-sufficiency, writes WOLE SHADARE To say Nigerian airlines are on a cliffhanger is a perfect metaphor for the suspense and high stakes of the carriers. This month marks a major…

‘Exploitative domestic’ fares amid over capacity, stakeholders kick

Posted on December 14, 2025December 14, 2025 by Wole Shadare

• 200% hike not justified-Aero Contractors MD, Sanusi • Taxes, jet fuel stable, Aligbe says increase exploitative • Too much capacity on local routes-ValueJet chief Nigeria’s aviation sector has entered a “perfect storm” this December. While airlines have increased their fleet capacity compared to last year, ticket prices have surged to astronomical levels, with one-way fares to cities like Enugu, Owerri, and Asaba ranging from ₦350,000 to ₦700,000. The phenomenon of insensitive domestic airfares despite…

Why Nigeria recorded over 160 airline collapses since deregulation- Minister

Posted on December 2, 2025December 2, 2025 by Wole Shadare

..Says carriers hampered by infrastructure challenges The Minister of Aviation and Aerospace Development, Festus Keyamo, said the deregulation of the airline industry in the mid-1980s and early 1990s led to many people entering the industry without much experience. The opening of the floodgates, he said, also saw to the collapse of so many early carriers, adding that the failure of airline owners during that period, which led to high airline mortality, forced many Nigerian carriers…

State-owned airlines signpost new era in Nigerian aviation

Posted on December 1, 2025December 1, 2025 by Wole Shadare

Survival higher if professionally run Stakeholders: Ibom Air model for state carriers Lagos, Anambra, Ebonyi, others moot idea In a significant shift within Nigeria’s aviation sector, a growing number of state governments are moving beyond airport development and are now actively establishing or partnering to set up their own airlines. This trend, spearheaded by successes such as Ibom Air, signals a renewed government interest in a sector previously dominated by private enterprise following the…

Yuletide: Airlines struggle as demand outstrips supply over carriers’ depleting fleet

Posted on November 21, 2025November 21, 2025 by Wole Shadare

Air fares rise by over 120% amid Christmas rush There are strong indications that passengers may go through excruciating pain to secure seats on aircraft, especially as the Yuletide approaches. This is a result of the acute shortage of aircraft among many airlines, which prevents them from transporting the vast number of travellers to their destinations. As Yuletide approaches, airlines are having a hectic time accommodating huge bookings and raising fares to an all-time…

Airlines, marketers’ frustration mounts on local sourcing of Jet-A1

Posted on October 27, 2025 by Wole Shadare

Locally sourced Jet fuel more expensive than imported fuel-CITA GMD Jet A1 market to grow through 2030-Ex-FAAN MD The Group Managing Director of CITA Energies, Dr Thomas Ogungbangbe, has echoed the frustration of aviation fuel marketers, stressing that despite the expectations, the reality experienced by aviation fuel marketers since Dangote’s refinery commission has been far more complex and constrained. According to him, dependence on imports continues as 40% of Jet-A1 is still, saying that although…

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