To compete with Air Peace, which recently started flying on the route, foreign airlines have further reduced their airfares on the Lagos-London route. Air Peace launched direct flights from Lagos to London on March 30, charging N1.2 million for a round-trip economy ticket on a route where other airlines were charging up to N3 million.
To compete with Air Peace , which recently started flying on the route, foreign airlines have further reduced their airfares on the Lagos-London route.
Foreign airlines reduced their round-trip economy ticket prices to an average of ₦1.4 million last week as a result of the Nigerian airline’s move, which analysts and stakeholders had predicted. This development has meant that as of the first week of April this year, a one-way ticket from Lagos-London cost between ₦1.03m and ₦1.3m despite the exchange rates being as high as ₦1,250 per dollar.
Air Peace Lagos-London Route Foreign Airlines Airfares Competition
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