Ahead Christmas festivities, airlines operating local routes, including Air Peace and Dana Air, have adjusted their ticket prices, citing economic realities.
According to a report by a national newspaper, the airline operators blamed the rising cost of aviation fuel, which now sells for N1,000 per litre, and the naira exchange rate, currently at N1,200/$.
To reflect the changes, domestic airlines have increased airfare by over 100 per cent in major routes.
Air Peace has adjusted its Lagos to Abuja ticket prices and now charges between N100,300 and N162,000 one-way tickets from its previous range of 55,000 to N65,000. Similarly, tickets for the Lagos to Enugu route in the economy flexible category cost N100,300.
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Prices are even higher for travellers planning to journey from Lagos to Owerri between December 15 and January 5. Checks show that an economy-flexible one-way ticket, once priced at N50,000, has now increased to N105,000, while a business domestic outbound ticket can go as high as N190,600. The return journey from Owerri to Lagos in the economy flexible category now costs travellers N133,400.
For flights from Lagos to Port Harcourt, a one-way ticket, which used to sell for an average of N60,000, now costs between N105,000 and N133,400, while the economy flexible inbound ticket ranges from N100,300 to N133,400.
