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Airfares Rise As Foreign Airlines Hike Exchange Rate

Airfares Rise As Foreign Airlines Hike Exchange Rate   International airfares on Nigerian routes have gone up further by over 20 per cent after foreign airlines raised the exchange rate for ticket sale from N462 per dollar to N551 per dollar. International travellers on Nigerian routes have...

Airfares May Rise As New Aviation Handling Rates Begin January 1

Airfares May Rise As New Aviation Handling Rates Begin January 1     After an initial delay, the Federal Government through the Nigeria Civil Aviation Authority (NCAA) has finally approved a discount of 25 percent on new handling charges as requested by the ground handling companies fuelling...

COVID-19: Airfares Fluctuate Amid Second Wave

COVID-19: Airfares Fluctuate Amid Second Wave         The cost of air tickets along several routes have reduced as business activities have resumed for the New Year. The decrease in the price regime was reflected by several carriers on flights for one-way trips from Lagos to Abuja. Before now,...

Fed Govt Removes VAT From Airfares, Aviation Services

Fed Govt Removes VAT From Airfares, Aviation Services         About three years after a similar order, the Federal Government has again suspended the deduction of 7.5 per cent Value Added Tax (VAT) on airfares and other air transport services. The latest suspension order, scheduled to take effect...

Local Airlines Hike Fares To 100%

Local Airlines Hike Fares To 100%         One of the most expensive pricing regimes in local airfares may be upon the aviation industry, as ticket rates have more than doubled in a week. The spike, which operators blamed on an exchange rate that hit N500 to $1...

Airlines Hike Airfares By 100% As Operating Costs Rise

Airlines Hike Airfares By 100% As Operating Costs Rise       The cost of air tickets along several routes have doubled due to the high demand for air travel in light of the rising insecurity in the country and cost of flight operations. Checks on several airline websites...