fbpx
Advertisement
  • Home
  • World News
    UK to ban TikTok on gov’t phones

    UK to ban TikTok on gov’t phones

    UK plans to ease visa policy amid labour shortages

    UK plans to ease visa policy amid labour shortages

    White House applauds bill seeking TikTok ban

    White House applauds bill seeking TikTok ban

    Brazil’s biggest serial killer shot dead

    Brazil’s biggest serial killer shot dead

    Over 1,300 killed as powerful quake rocks Turkey, Syria

    Over 1,300 killed as powerful quake rocks Turkey, Syria

  • Politics
    • All
    • Politics Roundup
    International Women’s Day: It’s time for gender equality – Sen Nnamani

    Sen Nnamani quits PDP

    Christmas: Gombe gov releases N25m largesse, food items to Christian community

    Governor Yahaya secures another term in Gombe

    Labour Party denies appointing  Okadigbo as spokesperson 

    Elections: LP threatens nationwide protest over results’ manipulation in Abia, Enugu

    Guber polls: Voters decide Sanwo-Olu, Makinde, Buni, Zulum, seven others’ fate today

    Guber polls: Voters decide Sanwo-Olu, Makinde, Buni, Zulum, seven others’ fate today

    Fayose campaigns for Sanwo-Olu in Lagos

    Fayose campaigns for Sanwo-Olu in Lagos

    • Politics Roundup
  • Business
    • All
    • Exclusive Economy
    Muhammad Nami’s Midas touch: FIRS collects N5.03trn as revenue

    N10.1trn tax revenue: FIRS has again broken the jinx

    Tax harmonisation: FIRS signs MoU with LIRS for Joint Tax Operations and Audit

    Tax harmonisation: FIRS signs MoU with LIRS for Joint Tax Operations and Audit

    FIRS may lose N92bn revenue on VAT judgment to state

    FIRS makes FAAC Fat

    We’ll leverage on 2021 Finance Act to achieve adequate budget funding – FIRS

    Nami’s magic wand: Restructuring revenue collection in Nigeria

    HOW NEW FIRS TRAINING STRATEGY WILL SAVE BILLIONS IN FEW YEARS

    As FIRS under Nami jumpstarts the economy

    • Exclusive Economy
  • Health
    Why infertility rate rising drastically —Gynaecologist

    Why infertility rate rising drastically —Gynaecologist

    Harmattan aids COVID-19 spread -Expert

    10,000 COVID-19 deaths recorded in one week, says WHO

    Resident doctors to NASS: ban govt officials from seeking healthcare abroad

    NARD to FG, others: Prevail on Ikpeazu to pay doctors’ 25-month salary arrears

    Covid-19 isolation centres remain open in Ekiti – Govt

    Lassa fever killed 189, infected 63 health workers – NCDC

    LivingScience Foundation opposes NAFDAC’s tolerance of mercury-containing childhood vaccines in Nigeria

    LivingScience Foundation opposes NAFDAC’s tolerance of mercury-containing childhood vaccines in Nigeria

  • Entertainment
    • All
    • Big Brother Naija
    • Film
    Nollywood actor, Fadeyi Oloro, is dead

    Nollywood actor, Fadeyi Oloro, is dead

    EndSARS: Sanwo-Olu’s ‘walk of peace’ invite a joke, disrespectful —Falz

    2023: Singer Falz urges Nigerians youths to cast their vote on saturday

    Veteran actress Maureen Okpoko loses sight, cries out

    Veteran actress Maureen Okpoko loses sight, cries out

    Court grants actress, Oluwadarasimi Omoseyi N5m bail

    Court grants actress, Oluwadarasimi Omoseyi N5m bail

    2023: Mr Macaroni vows he’ll never vote APC, PDP

    Mr Macaroni speaks about his picture on LP flyer, says he didn’t approve it

  • Sport
    NFF wants improved refereeing in NPFL replicated in National League

    NFF wants improved refereeing in NPFL replicated in National League

    AFCON Qualifiers: ANFASSC draws support for Super Eagles, throws weight behind Jose Peseiro, invited players

    AFCON Qualifiers: ANFASSC draws support for Super Eagles, throws weight behind Jose Peseiro, invited players

    Nigeria list high-flying Osimhen, Lookman, 21 others for AFCON 2023 qualifier

    Nigeria list high-flying Osimhen, Lookman, 21 others for AFCON 2023 qualifier

    FIFA boss concludes two-day trip to Cameroon

    Infantino set for third term as FIFA president unopposed

    Liverpool thrash Manchester United 7-0 

    Liverpool thrash Manchester United 7-0 

  • Editorial
    Sultan, CAN Sign Peace Pact over 2023 general elections

    2023 general elections: Our concerns

    2023: Court directs INEC to react to fresh lawsuit seeking Tinubu’s disqualification

    TINUBU: A CAT WITH MANY LIVES

    2023, ATIKU AND THE CONSPIRACIES

    2023, ATIKU AND THE CONSPIRACIES

    Atiku, With Wike dine together in London

    Govs’ political jamboree in London scandalous

    Herdsmen crisis: Buhari doesn’t understand how grave the situation is – Soyinka

    Soyinka sails Pyrates out of Emi lokan sea

    • Opinion
  • Lifestyle
    • All
    • Art
    • Beauty and wellness
    • Culture
    • Fashion and Style
    • Food
    • Love & relationship
    • Travel
    Join corruption fight, your future depends on it, Osinbajo tells Nigerian youths

    Join corruption fight, your future depends on it, Osinbajo tells Nigerian youths

    TK delivers masterclass at Crescent University

    TK delivers masterclass at Crescent University

    Teenage pregnancy in Africa and parenting: men get spared while ignorant, vulnerable women are speared

    Teenage pregnancy in Africa and parenting: men get spared while ignorant, vulnerable women are speared

    Unveiled: The Katsina politician named Tinubu’s running mate

    2023: Wike will work, help Tinubu win presidential election – Masari

    You want to live long? Get a second wife, study says

    You want to live long? Get a second wife, study says

    Yewa Paramount Ruler installs Odunaro Majeobaje Olu Ilaro Saturday

    Yewa Paramount Ruler installs Odunaro Majeobaje Olu Ilaro Saturday

    Ogun Eid-il-Fitr special prayers in pictures

    Ogun Eid-il-Fitr special prayers in pictures

    Nigeria’s deadly marriages: How 49 husbands, wives were killed in 15 months

    Nigeria’s deadly marriages: How 49 husbands, wives were killed in 15 months

    US hints on new Lassa fever vaccine trial in Nigeria, Liberia, Sierra Leone

    US govt praises documentation of Osun Osogbo Sacred Groove

    10th Coronation Anniversary: Yewa Christians, Muslims hold special services for Olu Ilaro

    10th Coronation Anniversary: Yewa Christians, Muslims hold special services for Olu Ilaro

    • Travel
    • Pop culture
      Nigeria’s tech industry: where are the women?

      Nigeria’s tech industry: where are the women?

      Big Brother Naija: What 8 Nigerians think about this controversial show

      Big Brother Naija: What 8 Nigerians think about this controversial show

      nigerian youth

      A Simple Guide to Being an Angry Nigerian Youth

      Big brother naija

      Big Brother Naija Lockdown Reunion: A Recipe for Embarrassment

      chimamanda

      What Chimamanda Adichie’s Essay Says about Social Media Performativity and Conformity

      united african republic

      United African Republic: What is in a Name?

      Twitter is our 911: The Myth of Democracy in Nigeria

      Twitter is our 911: The Myth of Democracy in Nigeria

      THE COVID-19 SERIES

      Tech in Nigeria? Please

      Tech in Nigeria? Please

    • Love & relationship
    • Food
    • Fashion and Style
    • Culture
    • Beauty and wellness
    • Art
No Result
View All Result
No Result
View All Result
Home Business

Airlines hike airfares by 100% as operating costs rise

by FirstNews
November 30, 2020
in Business, News
Reading Time: 3min read
0
Airlines hike airfares by 100% as operating costs rise
Share on FacebookShare on Twitter

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, findings have shown.

RelatedPosts

Soldiers shoot dead two policemen at Taraba INEC collation centre

Sen Nnamani quits PDP

Gov Mohammed trounces Air Marshall Sadique to win re-election in Bauchi

Checks on several airline websites showed that even intending passengers who booked their flights days ahead of departure were also affected.

A check on Friday by The Punch on the website of Max Air showed that a one-way ticket from Maiduguri to Lagos for Saturday was put at N100,000 while the same flight costs N70,000 for Monday.

A flight from Kano to Abuja on Azman Air on Friday was put at N85,000; the same route for Saturday was put at N61,000.

A flight from Lagos to Abuja via Max Air on Monday was put at N80,000 while the same flight on Aero was fixed at N107,000.

Travelling to Kano State from Lagos on Arik Air on Saturday, cost about N70,618 while the flight would cost N65,564 for the same route on Tuesday.

It was also observed that the Lagos-Port Harcourt route, which is one of the busiest in the country, had also been affected.

A check on Arik Air’s website on Friday showed that there were no available seats till Monday and the price for the four available seats was fixed at N52, 868 each for afternoon flight and at N57,045 for morning.

Overland Airways which travels less busy routes with its much smaller aircraft also hiked its ticket prices.

Ilorin to Abuja flight was put at N56,000 on Saturday and N61, 500 on Sunday; the same route was put at a cost of N56,000 on Tuesday and N52,500 on Wednesday.

The increase in the air tickets caused a debate on social media last week as several Nigerians lamented how they had to part with large sums of money to purchase tickets.

Confirming the increments on Friday, the Managing Director of Aero Contractors, Captain Ado Sanusi, told The Punch that airlines could not access foreign exchange at the official rate while the Federal Airport Authority of Nigeria had increased its fees.

Sanusi said except airlines were given special concessions, the prices would continue to rise and could hit an average of N100,000 for even the Lagos/Abuja route.

He said, “We were buying dollars at N360 and it went to N380 but you can’t get it for less than N480.

“We are paying VAT at 7.5 per cent. We are paying 15 per cent duty on our spare parts. The boarding passes, we pay 15 per cent duty on it.

“The passenger service charge has increased by FAAN. So, don’t look at one component but look at the total reason for the increase.

“Yes, there is an increase in demand but it is caused by the lack of aircraft and this lack of aircraft is caused by unavailability of spare parts which is also caused by dollar scarcity.”

Also speaking, the General Secretary, Aviation Roundtable, Mr Olumide Ohunayo, said there was a connection between the rising airfares and the insecurity in the country.

Lagos based travel agent, Mr Ndudim Nwaoma, said, his encounter with several passengers showed that many were desperate to fly because of the high level of insecurity in the country.

Share202Tweet126Share51
FirstNews

FirstNews

  • Trending
  • Comments
  • Latest
10 most followed Nigerian comedians, skit makers on Instagram, Twitter

10 most followed Nigerian comedians, skit makers on Instagram, Twitter

May 22, 2021
Minors’ viral sex tape: Lagos govt closes Chrisland School indefinitely

Minors’ viral sex tape: Lagos govt closes Chrisland School indefinitely

April 18, 2022
Chief Onyechi bags Doctorate degree from Benin Republic university

Chief Onyechi bags Doctorate degree from Benin Republic university

April 18, 2022
Five benefits of sleeping more

Five benefits of sleeping more

3
Court orders Nnamdi Kanu remand in DSS custody

Court orders Nnamdi Kanu remand in DSS custody

3
No fewer than 109 foreigners from Benin Republic have been arrested by operatives of the Gombe State Police Command for alleged illegal entry into Nigeria.

Police nab kidnappers for trying to abduct lawyers, others

3
Anambra supplementary poll: Soldiers shoot man dead in Ihiala LGA

Soldiers shoot dead two policemen at Taraba INEC collation centre

March 20, 2023
International Women’s Day: It’s time for gender equality – Sen Nnamani

Sen Nnamani quits PDP

March 20, 2023
NFF wants improved refereeing in NPFL replicated in National League

NFF wants improved refereeing in NPFL replicated in National League

March 20, 2023
First News NG

Copyright © 2022 First Media Networks Limited

Site Navigation

  • Contact Us
  • About Us
  • Privacy Policy

Follow Us

No Result
View All Result
  • Home
  • World News
  • Politics
    • Politics Roundup
  • Business
    • Exclusive Economy
  • Health
  • Entertainment
  • Sport
  • Editorial
    • Opinion
  • Lifestyle
    • Travel
    • Pop culture
    • Love & relationship
    • Food
    • Fashion and Style
    • Culture
    • Beauty and wellness
    • Art

Copyright © 2022 First Media Networks Limited