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Jet Fuel Prices Set to Drop, MEMAN Tells Airlines

MEMAN-Dangote-Refinery-and-Geopolitical-Standpoint

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Nigeria’s aviation sector may be heading toward cost relief as the Major Energies Marketers Association of Nigeria signals that Jet A1 prices are set to decline, while urging airlines to explore more competitive supply options immediately.

In a decisive response to concerns raised by the Airline Operators of Nigeria, MEMAN revealed that the widely reported N3,300 per litre price for aviation fuel is significantly above prevailing market levels, describing it as more than N1,000 higher than its own market survey average.

The association encouraged airlines currently paying such rates to exercise their commercial rights and switch suppliers, stressing that more competitively priced Jet A1 is already available within the market.

Signed by MEMAN’s Executive Secretary/CEO, Clement Isong, the statement offers one of the clearest indications yet that pricing pressures may soon ease, backed by “indications of falling costs” expected to reflect in the coming weeks.

While acknowledging the severe strain on airline operations, MEMAN attributed recent price spikes to global supply disruptions driven by geopolitical tensions in the Middle East, which have sharply impacted middle distillates such as aviation fuel and diesel. Domestic transport and logistics costs, it noted, have also surged by about 50 percent.

However, the association emphasized that structural inefficiencies are not insurmountable, highlighting ongoing industry-wide efforts to cut distribution costs without compromising strict safety and quality protocols required for aviation fuel handling.

In a strategic recommendation, MEMAN advised airlines to move away from volatile spot pricing toward long-term supply contracts, a shift it says will deliver price stability, improve cash flow management, and reduce exposure to daily market fluctuations.

The association also confirmed active engagement with regulators, including the Nigerian Midstream and Downstream Petroleum Regulatory Authority, to implement practical measures that will stabilise the market and support the aviation ecosystem.

Airline Operators of Nigeria’s logo

With collaborative talks ongoing and market fundamentals beginning to shift, industry stakeholders are cautiously optimistic that a more stable and affordable jet fuel regime could soon emerge, easing pressure on airlines and safeguarding Nigeria’s air transport sector.

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Airlines

Air Peace Flight to London Returns to Lagos Over Airspace Issue

Air Peace Fleet

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A Lagos-bound aircraft operated by Air Peace on its London Gatwick route was forced to return safely to Nigeria after encountering airspace access issues during the journey.

The airline disclosed in a statement on Wednesday that the disruption affected its scheduled Lagos–London Gatwick service of May 13, 2026.

According to the airline, the aircraft returned to Lagos after operational concerns arose involving the airspace authorities of an African country during the flight.

Air Peace stated that the decision to return the aircraft was taken in line with international aviation safety procedures while urgent clarifications were sought from the relevant authorities.

Following the incident, the airline rescheduled the London Gatwick service and immediately notified affected passengers.

The carrier added that passengers received support services, communication updates, and other necessary assistance during the disruption.

Air Peace apologised for the inconvenience caused, stressing that the situation was beyond the airline’s control.

Air_Peace,_5N-BQP,_Boeing_737-33R

The airline also assured the flying public of its continued commitment to safety, regulatory compliance, and efficient passenger service across its operations.

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Airlines

Bayelsa’s Pioneer Airlines Cleared for Takeoff After AOC Approval

Aviation Minister, Festus Keyamo, and Pioneer Airlines Group Managing Director, Capt. Okobaundu Henry Ungbuku, during the presentation of the airline’s Air Operator Certificate (AOC) in Abuja on Wednesday.

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The Federal Government has reaffirmed support for indigenous airlines as Bayelsa State-owned Pioneer Airlines officially moves closer to commencing operations after securing its Air Operator Certificate (AOC).

Minister of Aviation and Aerospace Development, Festus Keyamo, received the airline’s management team in Abuja on Wednesday following the successful certification of the carrier.

The delegation was led by Pioneer Airlines Group Managing Director, Capt. Okobaundu Henry Ungbuku, who formally presented the airline’s AOC certificate to the Minister and thanked the Federal Ministry of Aviation and its agencies for supporting the certification process.

Capt. Ungbuku described the approval as a significant achievement for Bayelsa State and said the development demonstrated the Federal Government’s commitment to strengthening indigenous airlines.

He praised the Ministry for encouraging private and state-backed investment in the aviation sector and creating policies that support local operators.

During the meeting, the Pioneer Airlines boss also introduced members of the airline’s management team responsible for operations, commercial services, safety, engineering, business development, and human resources.

Speaking during the visit, Keyamo welcomed the airline’s entry into the market and said the growing involvement of state governments in aviation would help expand Nigeria’s domestic and regional air transport network.

The Minister disclosed that the Federal Government was developing a Nigerian Leasing Company to support local airlines with aircraft acquisition and reduce operational difficulties faced by indigenous carriers.

He explained that Pioneer Airlines could become one of the beneficiaries of the initiative when fully operational.

Keyamo further stressed that Nigeria has a large aviation market capable of supporting more local carriers, especially on regional routes currently dominated by foreign airlines.

According to him, stronger indigenous participation in the sector would improve connectivity, stimulate economic growth, and strengthen Nigeria’s aviation industry.

Aviation Minister, Festus Keyamo (middle), receives the management team of Pioneer Airlines led by Group Managing Director, Capt. Okobaundu Henry Ungbuku, during the presentation of the airline’s Air Operator Certificate (AOC) in Abuja on Wednesday.

The visit concluded with renewed commitments between the Ministry and Pioneer Airlines to work together towards expanding air transport opportunities and improving regional connectivity across the country.

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Airlines

FAAN Hails Airport Worker’s Honesty

Mr. Isibor Blessed Nicholas – Pathfinder Staff

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The Federal Airports Authority of Nigeria (FAAN) has commended Mr. Isibor Blessed Nicholas, a contract staff member of Pathfinder working with Lufthansa, for demonstrating exceptional honesty and professionalism after returning a passenger’s missing mobile phone 10 days after it was misplaced.

FAAN, in a statement, described the gesture as a shining example of integrity within Nigeria’s aviation industry, noting that the phone was safely kept and returned intact to its rightful owner despite the passage of time.

According to the Authority, Mr. Isibor’s conduct reflects the growing culture of accountability, trust, and responsible service delivery being promoted across the nation’s airports.

The agency praised the Lufthansa support staff for upholding the image of the aviation sector through ethical conduct and dedication to duty, adding that such actions help strengthen public confidence in airport operations and personnel.

FAAN further reaffirmed its commitment to recognizing workers who distinguish themselves through honesty and professionalism, stressing that integrity remains a critical pillar in the ongoing transformation of Nigeria’s aviation industry.

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