Domestic airfares increase by 97% – NBS

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The average cost of local airfares rose from N37,022.97 in November 2021 to N73,267.57 in November 2022, representing an increase of 97.09 per cent, according to the National Bureau of Statistics, NBS.

Newspot learnt this on Monday in NBS’s latest Transport Fare Watch report in November 2022.

Also, it indicated that the average price of a single flight ticket increased by 0.09 per cent from N73,198.65 in October to N73,267.57 in November 2022.

“In air travel fare, the average transport fare paid by air passengers for specified routes single journey, increased by 0.09 per cent monthly from N73,198.65 in October 2022 to N73,267.57 in November 2022.

Yearly, the fare rose by 97.90 per cent from N37,022.97 in November 2021,” the report stated.

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It added that states with the highest average prices of plane tickets on a single journey include Taraba (N77,100), Delta (N76,500) and Bayelsa and Oyo with N76,100 each.

At N67,100, N70,000 and, N70,100, Niger, Gombe, Nasarawa recorded the lowest airfare prices.

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