The Federal Competition and Consumer Protection Commission (FCCPC) has clarified that it is still investigating Air Peace over an ongoing flight ticket overpricing scandal.The FCCPC noted that a claim making rounds that the commission was no longer investigating the airline was “syndicated and sponsored.”“The Federal Competition and Consumer Protection Commission (FCCPC) categorically refutes a story entitled ‘FG not investigating Air Peace – FCCPC’ making the rounds on some media platforms, particularly online, which has been falsely attributed to the Commission. The referenced story, which seems syndicated and sponsored, did not emanate from the FCCPC, and we advise the public to disregard it in its entirety,” a part of the release read.READ ALSO: FCCPC Seals Abuja Chinese Supermarket for Refusing Entry to Nigerians“The FCCPC stands firmly by its official release dated December 1, 2024, which announced inquiries into widespread consumer complaints in the banking, telecommunications, and aviation sectors. As stated, Air Peace is one of the entities being engaged to address allegations of exploitative ticket pricing, including significant price hikes for advance bookings on specific domestic routes.”BACKGROUNDThe FCCPC started its investigation after many customers filed many complaints about how Air Peace was unjustly hiking its flight fares.One of the most contentious issues is that Air Peace suggested that a one-hour flight within Nigeria should cost between N500,000 and N700,000. They justified this high cost by arguing that the operational cost of fuel for a single hour of flight was up to N7 million.READ ALSO: After 4 Months of Excuses, Tizeti Returns Customer’s Device Day FCCPC IntervenedThe FCCPC contested this claim by stating that some industry experts have said that Air Peace’s fuel consumption estimation did not align with the airline’s fleet and the ticket revenues generated.For instance, while a flight could take 120 passengers, an hour of flight would yield N24 million in ticket revenues if the fare per passenger is charged at N200, 000. Therefore, Air Peace’s proposed hike of N500,000 could be unjustified.The post We’re Still Investigating Air Peace, Confirms FCCPC appeared first on Foundation For Investigative Journalism.