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Stakeholders in the aviation industry have said the charges paid by airlines in Nigeria and the cost of operation make it difficult for them to reduce their ticket fares.
He said, “Most of the expenses of the airline are denominated in dollars; they have to buy spares, train their crew and spend money on certification. When you put all these together, it is a big cost to them. He added that the insecurity in the country had prevented airlines from expanding, as they had to spend so much providing security for some of their personnel, including expatriates, and other important guests.
The Managing Partner, Aglow Aviation Support Services Limited, Tayo Ojuri, said, “At the moment, we might not anticipate low ticket fare because airlines have to put some factors into consideration such as the crew, maintenance insurance, as well as the cost of operations, including the aviation fuel.
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