From November 1, 2024, a one-way flight ticket from Lagos to Abuja on Air Peace is to hit N200,000.
The harsh economy has been affecting the aviation business causing airlines to increase their fares amid lamentations from passengers.
This development has forced some Nigerians to abandon flights for road transport.
Checks on the airfares of airlines on Monday showed that Air Peace increased its fares to N200,000 from November, the highest among the domestic airlines.
While Air Peace has N200,000 and above on its website for a one-way trip between Lagos and Abuja, Aero is charging N94,000 to over N109,000; Arik Air has between N104,405 to N139,292; and Ibom Air ranges between N124,000 to over N133,000.
The high airfares have left many passengers stranded at airports in recent times, as they could not secure flights to their destinations.
The busiest routes, Lagos-Abuja and Abuja-Lagos, are more impacted as many passengers find it tough to secure seats.
An official of Air Peace who does not want her name in print confirmed the development, tying the increment to the present Nigeria’s worsening economic challenges.
“If you buy a ticket and see the breakdown, you will discover that we are bleeding as an aviation company and even the prices of running the business are almost getting out of control.
“Just as we all know, all these killing taxes go to the government, and businesses especially airlines have been left with no choice other than to do this, it is what it is.”
Also, efforts to get the Chief Operating Officer of the company, Toyin Olajide, were unfruitful as she ignored both calls and text messages of enquiry put across to her phone.
A businessman, Adeleke Aina, who told our correspondent that he has been travelling by air for years added that with the rates at which “airfares are skyrocketing by the day without any clear explanation other than economy this, economy that, I will be left with no other option than take road transport as my new meanings of movement.
“This is killing everything, fuel has turned into what it is and the Federal seems unconcerned with this abnormality. I fear for this country.”