For bringing down ticket prices on Lagos-London international route, foreign airlines are allegedly planning to force Air Peace out of business through ridiculous reduction of their tickets.
The chairman of Air Peace, Allen Onyema, said that foreign airlines are planning to take the company out of business.
This came as a retaliation after the airline recently commenced the Lagos-London flight, bringing down the cost of tickets.
He stated that the foreign airlines are fighting back as they have decided to go into a price war.
According to Onyema, who was a guest on Channels Television’s Politics Today programme, foreign airlines have an unspoken alliance to utilise reduced pricing to drive Air Peace off the Nigeria-London route.
He warned that if foreign airlines succeed in taking out Air Peace prematurely, Nigeria will pay dearly for it, ten times over.
Air Peace Chairman said that Nigerians will lose billions, while there will be another heavy strain on the naira.
He Alleged that Air Peace had been deliberately frustrated in all ways, as he cited ground handling and space allocation difficulties at Gatwick Airport in the last couple of days.
In his words: “It’s a very devilish conspiracy. All of a sudden, foreign airlines are underpricing, below the cost, it’s not up to one month, an airline was advertising $100, another one $305, $350. Fill up the entire aircraft and carry people on the wings; it’s not even enough to buy your fuel. So, why are they doing that? Their governments support them because Nigeria has been a cash cow for everybody.”