Airfare hikes by international airlines operating flights into Nigeria and other countries may be imminent as airport and air navigation services providers in the United Kingdom, South Africa, European Union, Ethiopia and United States have concluded plans to increase their charges by at least $2.3bn (N950bn).
As a result – the International Air Transport Association – the global body representing over 290 international carriers, has warned that the planned increases in charges by airports and air navigation service providers will stall post the COVID-19 recovery in air travel and damage international connectivity.
According to IATA, confirmed airport and ANSP charges increases have already reached $2.3bn (N950bn). It said further increases could be 10 fold this number if proposals already tabled by airports and ANSPs were granted.
Speaking at the 77thn Annual General Meeting and World Air Transport Summit in Boston on Tuesday, the Director-General, IATA, Willie Walsh, said it was wrong for airports and air navigation services providers to increase their charges at a time the industry was seeking to recover from the devastating effects of COVID-19. [Punch]