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Domestic Airlines May Cut Fares as Dangote Refinery Slashes Jet A1 to ₦1,650/Litre

Domestic Airlines May Cut Fares as Dangote Refinery Slashes Jet A1 to ₦1,650/Litre   There strong indications that domestic airlines may slash the cost of local flights by next week, following the confirmation that marketers have commenced loading of aviation fuel, known as Jet A1 at...

Fuel Crisis Pushes Domestic Airfares Toward N200,000

Fuel Crisis Pushes Domestic Airfares Toward N200,000   Following the sustained high cost of aviation fuel, Nigerian airlines have increased airfares to N200,000 and above for one-hour one-way flights. A cost analysis across the airlines’ websites showed an upward review in ticket prices by some domestic carriers,...

Domestic Airlines Generate $449.7m in GDP Yearly – IATA

Domestic Airlines Generate $449.7m in GDP Yearly - IATA   Domestic airlines are contributing significantly to the nation’s economy, with a direct impact of $449.7m annually and the creation of 29,900 jobs, according to the International Air Transport Association (IATA). The data, contained in IATA’s recent report...

Bird Strikes Cost Domestic Airlines N3bn Revenue Loss Annually

Bird Strikes Cost Domestic Airlines N3bn Revenue Loss Annually   Recent flight disruptions on domestic routes have been attributed to bird strikes, a persistent threat to flight operations. Despite ongoing efforts to mitigate the issue, bird strikes remain a significant challenge for Nigeria's aviation sector. The financial...

Yuletide: Domestic Airfares Jump to N287,800

Yuletide: Domestic Airfares Jump to N287,800   A few domestic airlines have increased airfares to the South-South and South-East regions of Nigeria by over 100 per cent, as some one-way tickets from December 18, 2024, sell for about N287,000. Usually during the yuletide rush, airfares are mostly...

Domestic Air Fare Rises By 25% To N98,561 In July

Domestic Air Fare Rises By 25% To N98,561 In July The National Bureau of Statistics (NBS) said domestic air fare rose by 25 percent year-on-year (YoY) to N98,561.74 in July 2024 from N78.775.74 in July 2023. The bureau disclosed in its Transport fare watch report for...