Airline operators in Nigeria have raised the alarm over the skyrocketing price of aviation fuel by over 100 per cent to N400 per litre within a year and warned that it would lead to increase in the price of tickets in order to sustain their operations.
The operators lamented they are in a precarious situation because as the
price of aviation fuel is increasing so is the exchange rate, which the
airlines depend on for over 90 per cent of aircraft services, from aircraft
maintenance, acquisition of spares, insurance, training and leasing.
The domestic operators, therefore, called on the federal government for
urgent intervention on forex and also to look into the provision of
modern facilities at the airports, especially airfield lighting on the
runways so that flights could operate into the night.
