Aviation stakeholders have called on the federal and state governments to urgently address the increase in aviation fuel prices to ease the transportation of Nigerian pilgrims for the 2026 Hajj. The stakeholders, under the aegis of ‘Concerned Aviation Stakeholders’, said something needs to be done immediately to save the 2026 Hajj operation from severe logistical and financial challenges, following the rising cost of aviation fuel. President of the group, Bukalti Usaman Gamawa, made the call in a statement yesterday, said that the skyrocketing cost of Jet-A1 aviation fuel had continued…
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Airlines threaten shutdown, as aviation fuel crisis deepensÂ
The Airline Operators of Nigeria (AON) has warned that members may shut down operations from April 20 if the cost of Jet-A1 fuel is not urgently addressed. The association said prices have surged by more than 300%, jumping from about ₦900 per litre to approximately ₦3,300, a level it described as unsustainable for continued flight operations. According to the operators, fuel now accounts for the largest share of airline running costs, making it difficult to maintain schedules, pay suppliers, and keep ticket prices affordable for passengers. They cautioned that continued…
Read MoreHigh Cost of Aviation Fuel: Air Peace, Max Air, other flight companies suggest palm oil as alternative
Airline operators in Nigeria have called for the Nigerian government to explore palm oil as an alternative source of aviation fuel. This alternative source for aviation fuel is called JetAI, and according to them, Nigeria is mature enough to look into this new fuel source for the industry, especially considering the high cost of imports. The airline operators made this known to the Federal government during a meeting held in Abuja on October 18, on developing and using sustainable aviation fuel, low carbon available fuel and other transparent fuel sources…
Read MoreAviation fuel rises to N900 per litre as Lagos-Abuja ticket sells above N100, 000
The price of aviation fuel has risen from N800 per litre some weeks ago to N900 per litre in some States, forcing airlines to raise fares to as high as N100, 000 and more for one-way economy-class tickets. The aviation fuel crisis, which began in late February this year, and deteriorated further through the months of March to May, has further worsened and is currently threatening the ability of airlines to continue operations with the price of Jet-A1, rising from N200 in December 2021 to over N400 per litre in…
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