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Air fares skyrock following Dana Air suspension

–   Lagos-Abuja now N32,000

Barely a week after suspension of Dana Air and Associated Airlines by the Ministry of Aviation, passengers are languishing as airfares increased astronomically. Domestic airlines have capitalised on the void created by their absence to increase fares.

ENCOMIUM Weekly’s check on Thursday, October 10, 2013, revealed that the suspension of the two airlines has led to increase in demand on the very few existing airlines plying our domestic routes.

We gathered that the five domestic airlines operating currently are Arik Air, Aero Contractor, Medview, Chanchangi and First Nation.

A 55 minute flight from Lagos to Abuja on Aero which attracted N18,000 before has moved to N27,000. Arik fare on same route has jumped from an average of N28,000 to N32,000/N39,000, while Medview has moved from N16,800 to N29,000. Chanchangi is now N25,000 while First Nation which charged around N19,000 on same axis sold its ticket for about N25,500.

One of the ticketing agents simply known as Mike revealed to us that the hike is due to huge demand by passengers on the limited seats available on flight. According to him,airfares for the first few seats can be gotten at official price but the remaining seats are for the highest bidders.

Meanwhile, ENCOMIUM Weekly found out that among the five domestic airlines, Arik has 24 planes in its fleet, Aero 16, Chanchangi has 3, Medview 3, while First Nation parades the least fleet, 2.

 Arik Air

Founded- 2002

Fleet size -24

Destinations- 30

Aero

Founded- 1959

Fleet size-16

Destinations-14

Chanchangi

Founded-1994

Fleet size-3

Destinations- 7

Medview

Founded-2004

Fleet size-3

Destinations-4

First Nation

Founded -2011

Fleet size-2

Destination-1

 – FEMI OYEWALE

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