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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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