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Our Fares Meant to Attract Investors, Says Air Peace

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Air peace- Investors King
  • Our Fares Meant to Attract Investors, Says Air Peace

A Low air fare regime will attract investors to secondary airports and boost the economies of states where they are sited, Air Peace, Chairman Allen Onyema has said.

According to him, without air link, many states in some parts of the country would not be accessed. He described the opening of the Lagos – Akure route as one of such initiatives.

The airline, he said, decided to charge N10,000 on the route to attract tourists and investors to the Sunshine State.

Besides, the fare regime will also encourage other passengers to seek business and other opportunities in the state.

Onyema said daily flights between Lagos and Akure would enable investors escape road hazards.

He said the airline would sustain the N10,000 fare on the route as part of its contributions to national economic development.

Onyema said: “It’s part of Air Peace’s drive to contribute to the peace and unity of this country. The amount we are charging is just N10,000 and this has never happened before. The least in this country, I believe, is N35, 000. The amount we are charging is the same amount of money they use to board road transport to Lagos from Akure.

“We believe that there are human and mineral resources in this state. So, we want to help investors to come to the state and even Ekiti State. Aviation is a catalyst for development of any state. It’s our own contribution to develop any part of this country. We are going to Akure to help them actualise their own development.

“The most important thing is to make it affordable to people. We are not making it high; we just want to contribute our own quota. I have done that for Kebbi State and I am now doing it for the South west.

” That is the only way we can ensure security of lives in this country. The fare is going to continue and I don’t know when I am going to stop it.”

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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