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Airlines Fear As Aviation Fuel Hits N315/Litre

Airline operators are concerned over the rising price of aviation fuel otherwise called Jet A1 as it reaches N315 per litre at some airports.

Aviation industry experts fear this could trigger a further rise in air fares. Presently, a one hour ticket sells for between N45,000 and N60,000 especially on less busy routes.

An aviation operator, Alex Nwuba said Jet A1 price may hit N400 if the indices remain unchanged and Nigeria continues to import refined fuel.

During the recent LAAC conference in Lagos, General Manager, Total Energies, Engr. Rabiu Abdulmutalib, blamed the rising aviation fuel price on inability of airline operators to have easy access to forex, airport taxes, among others.

He called for the government’s intervention to make forex access easier for aviation fuel importers. The oil and gas expert also said there is the need for sensitization to phase out monitor filtration from aviation handlers before the deadline of July 2023, saying it could improve access and quality.

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Source: Dailytrust

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