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Airfares, Road Transport Fares Rise Over 40% in A Year – NBS Reveals

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Air Peace 2 - Investors King

The Nigerian Bureau of Statistics (NBS) has revealed a surge in the Airfares and bus commuters in various parts of the country in the last one year.

Investors King obtained an NBS report titled, ‘Transport Fare Watch for April 2022′ which covers the bus journey within the city per drop constant route; bus journey intercity, state route, charge per person; airfare charge for specified routes single journey; journey by motorcycle (Okada) per drop; and waterway passenger transport.

The reports reveal that on a month-to-month basis, the average fare paid by air passengers for specific routes on a single voyage grew by 18.57 percent from N46,810.62 in March 2022 to N55,501.49 in April 2022. This means that the fare increased 52.44 percent year over year from N36,409.46 in April 2021.

The average intercity bus fare paid by commuters increased by 8.75 percent from N3,270.94 in March 2022 to N3,557.15 in April 2022. On a year-over-year basis, however, it increased by 45.38 percent from N2,446.86 in April 2021. Similarly, the average bus ticket paid by commuters within the city each drop grew by 6.39 percent month over month, from N536.35 in March 2022 to N570.64 in April 2022. On a year-on-year basis, this rose by 47.80% from N386.10 in April 2021.

A different section of the report states that the average fare paid by commuters for motorbike trips grew by 8.03 percent month over month, from N395.12 in March 2022 to N426.84 in April 2022. The ticket increased by 54.48 percent year over year from N276.30 in April 2021. Furthermore, from N900.84 in March 2022 to N951.93 in April 2022, the average fare paid for water transportation (waterway passenger transportation) grew by 5.67 percent month over month. This increased by 16.06 percent year over year from N820.23 in April 2021.

On state profile analysis, Taraba recorded the highest air transport charges (for specified routes single journey) in April 2022 with N65,000.00, followed by Kogi with N64,258.91, while Kano recorded the least with N50,000.00.

Analysis by zone also showed that the North-Central recorded the highest airfare in April, 2022 with N57,552.54, followed by the North-East with N56,800.16, while the South-East had the least with N53,402.58.

Investors King suggests the increase in prices is linked to recent issues faced by local airlines, ranging from energy price spikes to a lack of access to foreign money.

About four months ago, Investors King gathered that the airline tickets will rise as a result of the increase in aviation fuel which was N400 per litre, and other operational costs which include airport charges.

Dr. Obiora Okonkwo, the Chief Executive Officer of United Airlines explained that domestic airlines were operating in a difficult environment.

He said “the first foreign exchange transaction we did when we started was N340. But now, when it is available, it is N450 but when it is not available, the alternative black market cost is N570. It might surprise you to know that despite such increase, today, because of the market situation, you still can buy your ticket at N20,000 or N21,000.

“What this means is that since all the airlines are buying from the same market, any ticket at this rate is being subsidised by the airlines. Aviation fuel, depending on how it is applied in the aircraft, can easily become 30 to 40 per cent of the cost component of your operations.”

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Air Peace Flight Delayed, Passengers Stranded After Failed Promise of Hotel Stay

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Passengers aboard an Air Peace flight from Abuja to Owerri found themselves in a state of disarray and frustration after a series of delays and unmet promises left them stranded without accommodations.

What was supposed to be a routine flight scheduled to depart Abuja at 4:30 PM and arrive in Owerri at 5:30 PM turned into a nightmare as the flight was delayed until 6:18 PM due to a reported lack of a pilot.

However, midway through the journey, passengers were informed that the flight couldn’t proceed to Owerri because the airport there would close by 6:40 PM.

The flight was forced to return to Abuja, where passengers endured further uncertainty as they waited for over 20 minutes to receive any communication from the airline. Eventually, they were informed of plans to provide a bus to transport them to a hotel for accommodation.

However, this promise was not fulfilled, leaving passengers stranded and scattered around the airport.

One passenger, who had already experienced delays with another airline earlier in the day, expressed frustration at the lack of accountability and protection for travelers.

The incident highlights the ongoing challenges faced by passengers in Nigeria’s domestic aviation sector and raises questions about the adequacy of regulations to safeguard passengers’ rights.

Attempts to reach Air Peace for comment on the situation were unsuccessful at the time of reporting.

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Emirates Halts Check-Ins Amid Severe Weather Disruption

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Emirates Airline

Emirates, the largest international airline, has taken the unprecedented step of halting all passenger check-ins for the day.

The move comes as the emirate grapples with severe weather disturbances, including heavy rainfall and storms, leading to widespread travel chaos in one of the world’s busiest aviation hubs.

The airline announced that check-ins for all passengers would be suspended from 8 am local time until midnight, as the adverse weather conditions continue to wreak havoc on travel plans.

Despite the disruption, Emirates assured that transit passengers would still be allowed to proceed to their connecting flights.

Dubai, known for its modern infrastructure and bustling aviation industry, has been brought to a standstill by the relentless rainfall and storms.

The inclement weather has resulted in delayed or diverted flights, leaving travelers stranded and adding to the existing challenges posed by the ongoing global pandemic.

Emirates has pledged to exert all efforts to restore its scheduled operations and provide support to affected customers amidst the chaos.

However, the extent of the disruption caused by the adverse weather conditions underscores the resilience and adaptability required to navigate unforeseen challenges in the aviation sector.

As the situation unfolds, authorities and airline personnel are working tirelessly to mitigate the impact of the severe weather on travel operations and ensure the safety and well-being of passengers.

Despite the temporary setback, Emirates remains committed to maintaining the highest standards of service excellence and operational efficiency, even in the face of unprecedented challenges posed by Mother Nature.

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Ethiopian Airlines Group Celebrates 78 Years of Excellence and Innovation

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Ethiopian Airlines Group, Africa’s leading airline organization, commemorated its 78th anniversary with a tribute to its rich history of resilience and innovation since its inception in 1946.

Led by its Group Chief Executive Officer, Mr. Mesfin Tassew, and Chief Commercial Officer, Mr. Lemma Yadecha, the airline marked this significant milestone with a special flight to Cairo, retracing its inaugural international service route.

Reflecting on the occasion, CEO Mesfin Tasew emphasized the airline’s enduring commitment to passenger service and servant leadership.

He highlighted Ethiopian’s journey from modest beginnings to becoming a pioneering force in African aviation, introducing numerous innovations along the way. Tasew’s sentiment encapsulated the airline’s ethos of prioritizing passenger satisfaction and continuous improvement.

In keeping with its tradition of community engagement, Ethiopian Airlines distributed Seasons Greeting Packages and Happy Fasting Messages to passengers, embracing the diverse cultural backgrounds of its travelers.

This gesture underscored the airline’s dedication to fostering unity and inclusivity among its passengers, transcending geographical boundaries.

Chief Commercial Officer, Lemma Yadecha, emphasized the airline’s mission to go beyond transportation, aiming to create a sense of belonging for all passengers.

By assuming roles typically held by ground and flight crew members, Ethiopian Airlines honored its dedicated staff and the countless individuals who contributed to its success over the past 78 years.

As Ethiopian Airlines celebrates this historic milestone, it reaffirms its commitment to service excellence and innovation in the aviation industry, promising to continue leading Africa’s skies with distinction and pride.

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