Minister: Competition, increased seat capacity driving down airfares

Minister: Competition, increased seat capacity driving down airfares

…Nigeria leads SAATM push The Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has attributed the recent downward moderation in domestic airfares to an influx of aircraft capacity and surging passenger traffic, which together have fostered a healthier, competitive market. Speaking on the sidelines of the recently concluded Airports Council International (ACI) Africa Conference in Abuja, Keyamo admitted that airfares have dropped significantly from the peak levels witnessed during the December–January high-demand period. He…

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NCAA: Enugu Air unveiling, operation ‘ill ensure fair competition, promote local airlines’ growth

NCAA: Enugu Air unveiling, operation ‘ill ensure fair competition, promote local airlines’ growth

The unveiling of Enugu Air by the government of Enugu State has elicited excitement among the people of the state and air travellers with many of them saying the setting up of the airline would help to open the space and offer more choices to the travelling public with a view to engendering competition and leading to competitive fares on the route. Few airlines operate services to the heart of the Eastern region, and those…

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