Business
Flight Ticket Soars Again At PH Airport …As UBA Pays N24m To Resume Operations

The price of flight ticket has gone up again at the Port Harcourt International Airport, Omagwa.
The Tide’s findings show that the air operators have again increased the flight ticket by another 100 per cent.
The Tide reported three weeks ago that the flight ticket was increased by 100 per cent by airline operators.
With the latest development, the cost of flight tickets for both classes (business and economy) has now gone up by 300 percent.
Findings on Monday showed that the flight ticket for economy class for all airlines that was increased from between N30,000 and N35,000 to N60,000 and N65,000 in November, now goes for between N80,000 and N90,000, for both Port Harcourt-Lagos and Port Harcourt-Abuja routes.
Also, ticket for business class for Port Harcourt-Lagos and Port Harcourt-Abuja routes which was increased from between N60,000 and N70,000 to N100,000 in November, now goes for between N130, 000 and N140,000.
One of the travel agents at the Port Harcourt Airport, Kingsley Ogbonna, told The Tide that the new increase was as a result of inadequate number of airlines for operations, coupled with more passengers that made demand for air tickets.
According to him, there is already scarcity of flight tickets because of pressure from travellers, with few aircrafts that are available for operations.
Meanwhile, a staff of one of the airlines operating at the airport, Mr Chinedu Okonkwo, told The Tide that airlines were currently having the challenge of maintaining their aircrafts which, according to him, was one of the fallouts of COVID-19.
Okonkwo said that airlines were hoping to receive a bail-out fund from the Federal Government.
According to him, the only option for airlines to survive during the Yuletide was to increase price of flight ticket to enable them maintain their aircrafts.
Meanwhile, the United Bank for Africa (UBA) that was sealed by the Airport Authority has been reopened for operations.
One of the senior managers of the bank who craved anonymity told The Tide that the bank paid N24 million to the airport as annual rent of the space before they were allowed to reopen for business.
By: Corlins Walter
Business
NIMASA Marks 2025 Customer Week, Pledges Service Excellence

Business
SEME Customs Foils Smuggling Attempt Of Expired Flour, Seizes N2bn Contraband

Business
LASG UNVEILS GROUNDBREAKING OMI-EKO PROJECT AT FIVE COWRIES TERMINAL

-
Oil & Energy1 day ago
OML18: NNPC, Sahara Launch 2.2m-Barrel Floating Vessel
-
Education1 day ago
CSS Okuru-Ama Wins 2025 total/elf book reading competition
-
Rivers2 days ago
RSG Moves To Protect Vulnerable Children … Plans Regulatory Framework
-
Niger Delta1 day ago
Diri, Ibori, Others Pay Tribute To Alamieyeseigha
-
Maritime1 day ago
Lagos Announces 15-day Closure Of Marine Bridge For Maintenance Repairs
-
News1 day ago
RHI HOLDS AGRIC SUPPORT TRAINING TO EMPOWER FARMERS, WOMEN, YOUTHS IN RIVERS
-
Politics1 day ago
INEC Chair: Amupitan’s Appointment About Control, Not Competence – HURIWA
-
Business1 day ago
FG Ends Revenue Deductions By Agencies, Orders Full Remittance To Federation Account