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Competition Reduces Airfares To N14k

Nairametrics by Nairametrics
February 24, 2014
in Uncategorized
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The Nation|| Competition is forcing domestic carriers to lower airfares on triangular routes, investigation has revealed.

The triangular routes include Lagos-Abuja, Lagos-Port Harcourt and Lagos-Calabar.

Investigations by The Nation reveal that there is significant reduction in fares charged by some operators on the Lagos-Abuja route, which has dropped from about N28,000 and N30,000, depending on the time of booking and paying for the flight to about N14,600 and N17,000.

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Some carriers on the same route are offering fares as low as N12,600 on the same route if the ticket is purchased online.

Airlines involved in this competition include are Aero Airlines, Dana Air , Medview Airlines as well as Arik Air.

On the Lagos-Port Harcourt route, air fares have also dropped from N24,000 to about N18,000 and less, depending on the time of the day the ticket is purchased.

But fares on some routes classified as secondary airports have not experienced significant reduction

These routes are Lagos-Yola, Kaduna, Jos, Gombe, Benin , Ilorin and Uyo.

https://thenationonlineng.net/new/airfares-fall-to-competition/

Tags: News Review
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Nairametrics

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