• Foreign airlines ditch lowest fares, adjust exchange rate to hedge devaluation shocks
• Average travellers lament weak naira to dollar rates, fares
• ‘Demand still resilient’, top travel agencies say
For the third year on the bounce, there will be no summer travel overseas for average holidaymakers in the country. No thanks to the prevailing foreign exchange liquidity crisis that has further raised airfares by at least 200 per cent and average Economy Class tickets above the N1 million-mark.