Naira appreciation, lower ticket inventory, reasons for fare crash, says NANTA, plans 48th AGM

Naira appreciation, lower ticket inventory, reasons for fare crash, says NANTA, plans 48th AGM

Nigeria lost 40% ticket sales to other nations   The President of the National Association of Nigeria Travel Agencies (NANTA), Mrs. Susan Akporiaye has attributed the opening of lower fare inventories by foreign airlines, the strength of the Naira and the clearing of a backlog of international carriers’ trapped fund backlog as the reason for the reduction in air fares. Fares on international routes from Nigeria for economy class tickets were as high as N2.5…

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