NCAA (Nigerian Civil Aviation Authority)
Due to the exorbitant cost of aviation fuel, Nigerian airlines are ecstatic to learn that Dangote Refinery will begin selling the product to them in the coming days.
Nigerian airline, Air Peace has denied reports that it abandoned a passenger at the Gatwick Airport during its maiden flight from London to Lagos on April 8, 2024.
Foreign airlines have further slashed their fares to compete with Air Peace, which recently started operating flights on the Lagos-London route...
Foreign airlines have further lowered their costs in an attempt to compete with Air Peace, which recently began offering flights on the Lagos-London route.
After Emirate airline starts operating in Nigeria in the coming months, it is expected that airfares for flights leaving from Nigeria will drop even more.
Allen Onyema, the CEO of Air Peace, said that the airline is open to expanding from the seven daily flights it now runs from Nigeria to Gatwick Airport.
Travel costs from Nigeria to other countries have dramatically dropped as a result of the strengthening naira and competition from Air Peace's Lagos-London route.
Foreign airlines have reportedly unlocked low-ticket sales following the clearance of the forex backlog by the Central Bank of Nigeria (CBN) recently.
Despite the recent more than 50% fall in ticket prices, experts and stakeholders have forecast that international airfares will continue to decline.
NCAA (Nigerian Civil Aviation Authority)
Load more