In a statement issued on Thursday and signed by Ondaje Ijagwu, Director of Corporate Affairs, the Commission said it had received numerous complaints in recent days alleging what appears to be coordinated price manipulation or consumer exploitation by certain airlines.
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The ongoing probe, it added, specifically targets operators on the routes where fare hikes have been most pronounced.
Earlier in the year, major carrier Air Peace instituted legal action seeking to restrain the FCCPC from examining its pricing models. This followed a similar wave of consumer complaints that triggered an initial investigation into its fare structure. The Commission clarified that the current review remains unaffected by the pending court case.