Evans:Why intra-African air fares 60% higher than European routes

Evans:Why intra-African air fares 60% higher than European routes

Senior Lecturer at Digital Marketing and Tourism at the University of Bedfordshire, Dr Augusta Evans, has lamented that intra-African airfares are 40–60% higher than comparable European routes. This disparity is a central theme in Evans’ weekend presentation on the Single African Air Transport Market (SAATM) and the marketing of African destinations.   This, she said, has put a massive barrier to “Destination Africa” branding. In her presentation at the African Travel Commission (ATC) meeting convened…

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‘Exploitative domestic’ fares amid over capacity, stakeholders kick

‘Exploitative domestic’ fares amid over capacity, stakeholders kick

• 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…

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Aero slashes fares on all routes to N80,000, eyes investors

Aero slashes fares on all routes to N80,000, eyes investors

Carrier sees 14% profit, reduces salary liabilities by 30%   Nigeria’s oldest airline, Aero Contractors has slashed airfares for the festive season to N80,000 from over N110,000 airfares currently going for to many destinations in the country. Speaking to journalists at a media briefing at the airline’s office at the Murtala Muhammed Airport, Lagos on Tuesday, the Managing Director of the airline, Capt Ado Sanusi said the idea was to give back to customers during…

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Foreign airlines returning to full capacity, fares may further tumble

Foreign airlines returning to full capacity, fares may further tumble

…Offer more seats, seek additional frequencies, expansion   The release of $850 million blocked fund by the Central Bank of Nigeria (CBN) to foreign airlines has begun to have a catalytic effect on the overall aviation travel chain as the sector is set to reap bountifully. Airlines have relaxed a lot of rules and regulations and are willing to launch back and begin to make money. Better things await the sector. The airlines see it…

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How one-hour fare rose by 400% in 22 months

How one-hour fare rose by 400% in 22 months

S’East, S’ South mostly affected   Nigerians, accustomed to a certain range of airfare prices, are now grappling with the shock of exorbitant costs for domestic flights. The price of air tickets, especially for routes from Lagos and Abuja to other parts of Nigeria, has witnessed an alarming 100% increase in the past few weeks. In recent times, the skies above Nigeria seem to be soaring to new altitudes, not just in terms of flights…

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