One-hour flight costs over N14m – Air Peace …C0NTINUE READING HERE >>>
Air Peace Ltd. says the operating cost for a one-hour flight exceeds N14 million.
The airline’s Chief Operating Officer (COO), Mrs Oluwatoyin Olajide, disclosed at a news conference on Friday in Lagos.
Olajide said that N7 million is required to purchase 4,000 litres of jet A1 (aviation fuel), which is currently sold for N1,400 per litre.
She added that for Aircraft, Crew, Maintenance and Insurance (ACMI), the airline spends about 4,000 dollars for a one-hour flight.
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