By Editor
Air Peace will implement a fare hike for its one-way flights from Lagos to Abuja starting November 1, 2024, with prices soaring to N200,000.
The increase marks the highest fare among domestic airlines and reflects the ongoing economic challenges affecting the aviation sector.
An Air Peace passenger, Emma Ik Umeh, with X handle, @emmaikumeh, also in a post released a screenshot of an email reportedly sent by Air Peace.
According to the email, the airline said that the new flight fares will take effect from November 1, 2024, while the previous fares remain available for flights up to October 31, 2024.
The details of the said email showed that Air Peace increased Business Class J. flight fare from N250,000 to N400,000 and Business Class C. from N200,000 to N330,000.
Also, Economy Class Y, fare was increased from N150,100 to N300,000; Economy Class S, fare was increased from N130,000 to N280,000; Economy Class B, fare was increased from N120,000 to N250,000; Economy Class H, fare was increased from N110,200 to N210,000; Economy Class K, fare was increased from N105,200 to N190,000.
A review of current airfares indicates that while Air Peace is charging N200,000 and above for this route, competitors like Aero are offering tickets for N94,000 to N109,000, Arik Air fares range from N104,405 to N139,292, and Ibom Air prices fall between N124,000 to N133,000.
Passengers have expressed concerns over the rising costs, as the increased fares may further limit access to air travel for many Nigerians, already grappling with the challenges of inflation and economic uncertainty.
Many passengers have recently found themselves stranded at airports due to soaring airfares, which have made it difficult to secure flights to their intended destinations.
The routes between Lagos and Abuja, as well as Abuja and Lagos, are particularly affected, with many travellers struggling to find available seats.
An Air Peace official, who requested anonymity, confirmed the situation and attributed the fare increases to Nigeria’s worsening economic challenges.
“If you look at the ticket breakdown, you’ll see that our aviation company is suffering financially, with operational costs spiraling out of control,” she said.
“All the heavy taxes are paid to the government, and airlines have no choice but to raise prices. It’s simply the reality we face.”
Efforts to reach Toyin Olajide, the Chief Operating Officer of Air Peace, were unsuccessful as of press time.
