From November 1, 2024, travelers using Air Peace for flights from Lagos to Abuja will have to pay a hefty sum of N200,000 for a one-way ticket. This significant price hike is attributed to the harsh economic conditions affecting the aviation industry.
The new ticket price is a substantial increase, reflecting the current economic challenges faced by airlines. The aviation sector has been grappling with rising costs, including fuel prices, maintenance, and operational expenses, which have necessitated the hike in ticket prices.
This development is likely to impact travelers who frequently use the Lagos-Abuja route, forcing them to either adjust their travel plans or explore other, possibly more expensive, alternatives. The increase underscores the broader economic pressures affecting various sectors in Nigeria.