Connect with us

    Hi, what are you looking for?

    News

    FAAN Blames Air Fare Hike on Exchange Rate, Fuel Price

    The Federal Airport Authority (FAAN), has attributed the recent increase in airfares to the increase in the cost of aviation fuel and the exchange rate.

    Mr. Kunle Akinbode, Head of Cooperative Communications at Port Harcourt International Airport, stated this in an interview with the Nigerian News Agency , on Monday in Port Harcourt.

    According to Akinbode, aviation fuel that used to sell for around 250 naira per litre, is now selling for more than 400 naira per litre, adding that the increase also includes prices for spare parts which have risen sharply in recent times. .

    “The FAAN and other regulatory agencies in the aviation industry are aware of the plight of airport users, especially with regard to rising airline airfares.

    “Currently aviation fuel sells for over N400 per litre, all aircraft components/parts needed for operations are imported so this has invariably affected airfare.

    On how the new fare is affecting passenger patronage, Akinbode noted that patronage was considerably good regardless of the high flight fare.

    “Nigerians will continue to fly no matter the cost because speed and safety are a huge advantage of air travel over the road,” he said.

    One of the air passengers, who spoke with , urged the Federal Government to extend its railway infrastructure development to the South-South region of the country.

    “If we had an alternative like rail, just like in other parts of the country, many of us would prefer to use the train,” said Johnson Ikor, an airline passenger.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    Tech

    Nigerian Communications Commission (NCC) has called for stronger collaboration with the judiciary to safeguard telecommunications infrastructure, tackle cybercrime and promote online safety amid Nigeria’s...

    Tech

    The organizing committee of the 2026 Nigeria DigitalSENSE Forum (NDSF) on Internet Governance for Development (IG4D) is proud to announce Dr. Olusola Teniola as...

    Tech

    For many Nigerian publishers, the model that once sustained journalism is no longer working. Advertising, long the backbone of print, radio, and television, has...

    News

    The recent access to digital tools and facilities in Lakowe’s Iwerekun Junior Secondary School has become a thing of pride. The school is one...