As the Yuletide season drives high passenger demand, domestic flight fares in Nigeria have jumped by about 150 per cent, with one-way tickets crossing N300,000 on routes to the South-South and South-East.
“Today, most Nigerian airlines operate with just four to six active aircraft, despite national demand. That’s not a choice; it’s the result of punitive economics,” Charles Grant, CFO of Aero Contractors, said, citing aircraft shortages, maintenance issues, and multiple taxation as key contributors.
Air Peace also faced operational disruptions after lessor SmartLynx Airlines abruptly withdrew leased planes, causing delays and cancellations, though some aircraft are now returning to service.
Experts described the fare hike as seasonal but stressed the need for airlines to manage staff and capacity effectively, while former aviation regulator Harold Demuren urged government support and fairer Bilateral Air Service Agreements to protect local carriers.
Passengers are now weighing road travel as a more affordable alternative amid soaring ticket prices and security concerns.