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    Home»Nigeria News»Why air fares may not drop soon – Allen Onyema
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    Why air fares may not drop soon – Allen Onyema

    NigeriaNewzBy NigeriaNewzJune 28, 2025No Comments8 Mins Read
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    Why air fares may not drop soon – Allen Onyema

    •Flying in Nigeria cheaper than in most international locations

    •My attraction to FG on behalf of Air Peace

    By Dickson Omobola

    Final week, members of the League of Airport and Aviation Correspondents, LAAC, have been at Air Peace Headquarters in Lagos for a media chat with the Chief Govt Officer of the airline, Allen Onyema. Within the dialogue, Onyema spoke on topical points, together with the price of airfares, flight disruptions and route growth plans. Excerpts: 

    Appreciation to Nigerians We (Air Peace) have attracted respect to this nation.  Many Nigerians have proven that they love Air Peace. 95 per cent of Nigerians love Air Peace.  Air Peace owes an obligation to this nation. I all the time consider in what one can do for one’s nation, not what the nation can do. Our proudest second was once we deployed all our plane to the service of this nation freed from cost throughout COVID. On the time, most international locations with out airways suffered. However Air Peace stepped out proudly. Most nations in West Africa wished they have been Nigerians.

    We did about 4 flights to China, bringing over many Nigerians freed from cost. We went to Turkey and introduced medical provides for over 220 million Nigerians freed from cost. We should be applauded by our nation, by all people, together with authorities companies. We deserve it. Something apart from that needs to be questioned as a result of the airline has paid its dues. We demand to be applauded. We demand to be appreciated by our nation. Nothing will ever cease us from loving our nation. Nothing will cease us from doing these issues that may promote the well-being of each Nigerian. Nowhere on the earth has authorities accomplished every thing for its citizenry. And that’s the reason, on most events, we need to instill that sense of belonging in each Nigerian. We need to make Nigerians proud. Don’t equate indigenous companies with the possession of these companies.

    Don’t say as a result of a person, who belongs to a sure tribe, is making some huge cash, allow us to deliver down the enterprise. Nigerians ought to start to do issues that may promote the well-being of indigenous investments. Authorities alone can not present all the roles. Each nation is run by the non-public sector, with authorities offering the enabling setting. Authorities gives the convenience of doing enterprise. In aviation, I need to commend the Minister, Mr Festus Keyamo. Prefer it or hate it, as Airline Operators of Nigeria, AON, we all know what we’re having fun with now. The start of fine governance begins from the form of folks put within the saddle to run any ministry, and we now have seen that within the appointment of Keyamo. Have you learnt that Nigeria is about to begin receiving its first dry lease alternatives? It would occur within the subsequent three weeks. Nigeria was unofficially blacklisted over 10 years in the past. We have been speaking about problems with capability. What did previous governments do about this capability? Now, we now have a authorities that has stepped out.

    On flight disruptions

    No airline underneath the solar cancels or delays flights for the enjoyable of it. No airline positive aspects from delaying or cancelling flights. From each disruption, the airline loses immediately. Every single day, Air Peace this or Air Peace that. Loads of movies on the market are faux. Loads of movies on the market are intentionally accomplished to harm us. Just lately, they  began recycling previous movies towards this airline, making them look new. What do such folks acquire? Even the Worldwide Civil Aviation Organisation, ICAO, rules of these issues that trigger delays, I’d say about 95 or 94 of them will not be attributable to the airways. Most delays end result from security considerations resembling climate, infrastructure issues, fowl strike, insufficient touchdown tools, sundown airports, congestion on the airport and unruly passenger behaviour. All of this stuff contribute to delays and cancellations. Deliberate, unruly behaviour is a ache to the event of the airline trade on this nation.

    Route growth

    Regionally, we’re doing Douala, Dakar, Banjul, Abidjan, Monrovia, Accra and Freetown. And I’m certain earlier than the tip of the 12 months, we would add Congo. We’d add Congo and Libreville in Gabon earlier than the tip of the 12 months, however we’re ready for the permits of these international locations to return in. On the worldwide scene, our day by day flights to London are going so superbly. I need to inform you that come October, we’ll begin our Abuja to London flights. I need to announce to you that the British authorities have granted Air Peace Heathrow. That may be a testomony to their perception in what Air Peace is doing. I need to thank Keyamo and our expensive President for all they’re doing to showcase Nigeria. If our security data have been dented, this will likely not have occurred. Air Peace has represented this nation very properly internationally and proudly too. Subsequently, they rewarded us with Heathrow. Come September, we’ll do direct flights to the Caribbean nations, and we’ll begin with Antigua. We’re going to join our brothers within the Caribbean islands to their homeland in Africa.

    Plane acquisition

    Now we have elevated the fleet of our Boeing 777. One other one, which is being painted someplace in Europe, will come into the nation in July. Because of this we now have 4 777s in our fleet. We’re working to restart our China operations. Now that the Federal Authorities has made it attainable for us to amass plane via dry lease, we’re discussing wide-body plane. Once they begin coming, Nigerian airways will compete favourably with worldwide airways, and we’ll begin conserving overseas earnings for our nation.

    Airfares

    Aviation gasoline nonetheless stays the difficulty for any airline on the earth. A litre of gasoline is bought for about 1,050 or 1,100 Naira. 777 burns about between 3,500 and 4,000 litres per hour from Lagos to Abuja. In case you multiply it, you might be speaking about N5 million. Additionally, as soon as you are taking off, there’s a price to the engine per touchdown. Each cycle, there’s a price to the engine. There’s a price of insurance coverage. There’s a price on every thing, together with the airframe, the fuselage and the touchdown gear. If that plane is wet-leased, you’ll pay about $6,000 per hour. So, aside from the gasoline that’s already about N5 million, $6,000 per hour, how a lot does that offer you? $6,000 is sort of N10 million. Then you definately add it to N5 million, that’s N15 million.

    Then you definately add another prices. By the point you end, you is likely to be attending to about 18 to twenty million Naira. How many individuals are you carrying on that aircraft? Generally you might be carrying half 1,000,000. Even in case you carry N20 million in an plane, you’ve gotten already spent about N18 million. Nigeria stays the most affordable worldwide in terms of aviation. Way back to the 12 months 2000, Nigeria was charging N2,000 for a one-hour flight. On the time, the alternate fee was N100. What does that inform you? That was about $200 per hour. It’s not as if something has modified; it’s the alternate fee deceiving us. We’re nonetheless flying folks with N120,000. There’s nonetheless N120,000 in stock. It’s simply that brokers purchase them or folks purchase them up, then you definately begin seeing costlier ones. On common, allow us to say every thing is about N150,000 per passenger. If N150,000 is split by N1,620 to a greenback, that’s lower than $100. How a lot is a flight from Atlanta to South Carolina? Relying on the day, typically it’s $540. In the meantime, over there, they borrow cash at three per cent; we borrow at 35 per cent.

    Attraction to FG

    One factor I would like authorities to do for us is to create a transit hub for Nigerian airways in our airports. You’ll be able to think about that we function to about 10 African international locations, but we can not deliver any individual from Douala, who’s going to Dakar to transit from right here. 

    The individual will go quarantine, immigration and customs. We’re asking authorities to make the airport transit-friendly. For now, we would like them to create this, even whether it is for Air Peace, which is into worldwide operations.

    The submit Why air fares may not drop soon – Allen Onyema appeared first on Vanguard News.



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