Emirates airlines crashes ticket fares on Lagos to London route to rival Air Peace, others

Emirates airlines crashes ticket fares on Lagos to London route to rival Air Peace, others

Emirates Airlines is luring Nigerian passengers with cheap USD airfares, which has attracted mixed reactions from aviation analysts and passengers.

Findings show that as of Monday, August 26, 2024, all fare inventories on Emirates Airlines’ website were competitive but priced in dollars.

The airline had fixed October 1, 2024, as the date to resume daily flights between Lagos and Dubai, offering more choice and connectivity from the Nigerian city to and from Dubai.

The airline suspended operations in Nigeria in August 2022 because it could not repatriate $85 million in revenue trapped in the country.

However, following clearing the FX backlog by the Central Bank of Nigeria (CBN), the airline announced it would resume flight operations in the country.

The airline’s service will be operated using a Boing 777-300-ER.EK783 will depart Dubai at 045 hrs and arrive in Lagos at 1520 hrs. The return flight, EK784, will depart Lagos at 1730 hrs and arrive in Dubai at 0510 hrs the next day.

According to BusinessDay, a return economy class ticket from Lagos to London Heathrow on KLM costs about N2.3 million, Air France at N2.2 million; Ethiopian Airlines at N2.7 million, Egypt Air at N2.7 million, and Virgin Atlantic at N3.2 million.

A return business class ticket from Lagos to London Heathrow aboard Royal Air Maroc costs N5.7 million, Air Peace at N6.5 million, Turkish Airlines at N6.9 million, Egypt Air at N7.1 million, and Qatar Airways at N7.4 million.

Meanwhile, a return economy class ticket from Lagos to London Heathrow aboard Emirates costs about $1.130, amounting to N1.83 million, while the same ticket costs about $4.290, amounting to N4.9 million.

Reports say an economy-class return ticket from Lagos to Dubai on Emirates costs $987, or N1.59 million at the exchange rate of N1,620 per dollar.

A business class return ticket from Lagos to Dubai on Emirates costs about $4.418, about N7.1 million.

A return economy class ticket from Lagos to Dubai on Turkish Airlines is around N1.63 million, Kenya Airways costs about N1.7 million, Egypt Air about 1.3 million; Qatar Airways costs about N1.3 million, Ethiopian Airlines goes for N1.5 million, and Emirates at N1.7 million.

A return business class ticket from Lagos to Dubai on Egypt Air costs about N4.1 million; Kenya Airways costs N4.8 million, Qatar Airways costs N4.97 million, Turkish Airlines costs N4.98 million, and Ethiopian Airlines costs N5 million.

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