Airfares Drop By 50% As Competition Increases

Minister of Aviation, Mrs. Stella Odua
Airfares on domestic routes have crashed by about 50 per cent from an average of N32,000 to N16,000 for an hour’s flight, following the recommencement of flight operations by Dana Air and Chanchangi Airlines, as well as the coming on board of a new carrier, Med-View Airlines, findings have revealed.

The suspension of flights by Air Nigeria, Dana Air, FirstNation Airlines and Chanchangi Airlines around the middle of last year had led to over 35 per cent increase in airfares from an average of N22,000 to N32,000.

Desperate passengers fought to get seats on Arik Air, Aero Nigeria and IRS Airlines, the only major domestic airlines in business then. Their flight tickets were sold for between N30,000 and N35,000.