Aviation fuel hits N840/litre, airlines predict flight delays

Local airlines under the aegis of the Airline Operators of Nigeria have disclosed that aviation fuel popularly known as Jet A1 has become scarce, a situation according to them may lead to flight delays.

The Assistant Secretary Airline Operators of Nigeria, Ewos Iroro, disclosed this to our correspondent in Abuja on Tuesday.

“Aviation fuel is still not available, there is still scarcity of the fuel and it is flight causing delays among airlines.”

Also, the spokesperson for Ibom Air, Annie Essienette said aviation fuel price as of Tuesday was N800/litre in Lagos, N840/litre in Uyo, N840/litre in Abuja and N840/litre in Port-Harcourt.

An impeccable source within the domestic airlines said the price had been fluctuating, describing the market as deregulated one where price changes.

He said, “Sometimes, it is between N700 and N900 but it is between both prices. It depends on how much a marketer buys that he will sell because it is a deregulated market.”

Meanwhile, the Nigerian aviation sector spent $192bn in 2022 on aviation fuel alone, according to a report by Philips Consulting Limited.

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