There are strong indications that domestic airlines operators may reduce ticket prices for passengers due to the imminent supply of aviation fuel, otherwise known as Jet A1, by Dangote Refinery.
Considering that there had been sustained increase in the price of jet fuel over the last four years, indigenous carriers were forced to enhance operations by raising ticket prices.
However, with operators looking at a possible crash in the price of Jet A1, passengers might experience a drop in airfares, Vanguard has gathered.
Projections
The Managing Director of Aero Contractors, Captain Ado Sanusi, told Vanguard that although the price of Jet A1 had been steady, airlines would appreciate a price decrease.
