Air Peace Reacts to Allegation of Favouring Northerners Over Easterners in its Ticket Pricing

Air Peace Reacts to Allegation of Favouring Northerners Over Easterners in its Ticket Pricing

  • Air Peace has reacted to claims that it hiked fares to the eastern part of the country
  • The airline explained that the demand and supply principle determines the cost of its ticket
  • It claimed its system of practice is in line with international standard practice

Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.

Air Peace has responded to multiple claims alleging the airline charges higher tickets on eastern destinations.

In a statement signed by management, the company said demand and supply principles are the criteria that determine ticket prices.

Air Peace reacts to allegation of favouring Northerners over Easterners in its ticket pricing
Air Peace stated that its ticket prices will increase according to passenger seat demand. Photo Credit: Air Peace
Source: UGC

Air Peace stated that its automated price system is set up in a certain way such that the higher fares are automatically displayed as the aircraft seats full up.

PAY ATTENTION: Share your outstanding story with our editors! Please reach us through info@corp.legit.ng!

Read also

Angola departure a blow for OPEC+ as cartel tensions rise

He added that ticket prices will increase according to passenger demand for seats.

The airline claims that this applies not only to its domestic airline fare system but also to the international airline fare system, both of which use the same basic principle.

Given that the same system regulated ticketing and fares worldwide, it noted that this procedure adheres to international standard practice.

Yuletide season driving surge

The airline explained that the Yuletide season usually witnessed a high demand in the eastern regions as more people travel to the airports located in the South-south and Southeast regions.

It noted:

“Increased demand for flight tickets/high passenger traffic to these destinations this season automatically impacts how aircraft seats get sold. The seats get sold out faster than some routes with less traffic.
Therefore, the airline booking engine reservation system displays the higher fares faster even though eventually, the higher fares will get displayed on the less traffic routes as the seats get fuller, too.”

Read also

NURTW to participate in FG's 50% transport subsidy? Tinubu speaks

Addressing the misrepresentation of facts and wrong accusations about the airline’s business model making the rounds on social media, it added that the airline fosters and promotes peace and unity amongst the different ethnic groups in Nigeria.

“Lately, we have observed several posts on social media in which the authors purport that Air Peace is extorting Easterners with ‘high ticket fares.’ They intend to whip up ethnic sentiments against Air Peace and the Chairman, Dr. Allen Onyema, by insinuating that the airline has continued to favour Northerners at the expense of the Easterners in its ticket pricing.

In a related report, chairman of Air Peace, Allen Onyema, lamented the poor business environment in Nigeria.

Onyema also revealed that the airline has about $14 million stranded with the Central Bank of Nigeria (CBN), and about 15 aircraft were grounded abroad.

FG moves to slash airfares of Air Peace, Dana others by 50%, gives conditions for travellers to benefit

Read also

No more N50k: Tinubu announces free interstate travel from Lagos, Abuja, Kano, Others

In an earlier report by Legit.ng, the federal government announced plans to provide subsidies to airlines in the country to help reduce the high cost of air travel.

Festus Keyamo, the minister of aviation and aerospace development, is reported to have held a meeting with the Airline Operators of Nigeria (AON) on Friday, December 15, 2023.

Those present at the meeting are the President of AON, Dr Abdulmunaf Yunusa Sarina, his executive members, and other airline operators.

Source: Legit.ng

Authors:
Zainab Iwayemi avatar

Zainab Iwayemi (Business Editor) Zainab Iwayemi is a business journalist with over 5 years experience reporting activities in the stock market, tech, insurance, banking, and oil and gas sectors. She holds a Bachelor of Science (B.sc) degree in Sociology from the University of Ilorin, Kwara State. Before Legit.ng, she worked as a financial analyst at Nairametrics where she was rewarded for outstanding performance. She can be reached via zainab.iwayemi@corp.legit.ng