Some domestic airlines in Nigeria have decried “continuous decline in passenger traffic’’ and increasing cost of aviation fuel also known as Jet A1. Speaking on Wednesday in Abuja, Mr Abdullahi Saroke, Deputy Station Manager, Azman Air, said that many airlines were currently not having good in the business.
Saroke said that the price of fuel had increased by 100 per cent while the patronage had decreased by 30 per cent in recent time. He added that the airlines that usually had its seats fully occupied in flight were now struggling to have up to 75 per cent of their seats booked and boarded. According to him, it has not been easy for most airlines to cope with this situation occasioned by the current recession, including scarcity of dollar and
According to him, it has not been easy for most airlines to cope with this situation occasioned by the current recession, including scarcity of dollar and high cost of fuel. “As at January/ February, we were buying fuel at the rate of N115 and N120 per litre but as it stands today, a litre is sold at N220 in Lagos and N230 in Abuja. “In places like far North such as Yola and Maiduguri, it sold at N250 per litre if you are able to get it. Read more