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Flights will be more expensive, says IATA's Willie Walsh

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Flights will be more expensive, says IATA's Willie Walsh

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Old 10th Jul 2022, 18:40
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Paxing All Over The World
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Flights will be more expensive, says IATA's Willie Walsh

Well, that is a statement of the bleedin' obvious but at least it is being said.

BBC web news

The price of airline tickets will go up "without doubt" as fuel costs rise, an air industry boss has warned.

Oil prices have jumped as economies recover from the Covid pandemic and due to the war in Ukraine.

These costs will be passed on to consumers, Willie Walsh, director general of the International Air Transport Association (IATA), said.

The ex-British Airways boss also said Heathrow Airport "should have prepared better" to avoid recent disruption.

But Heathrow said Mr Walsh's comments were "ill-informed".

Holidaymakers need to be prepared for the cost of flights to go up, Mr Walsh told the BBC Sunday Morning programme.

"Flying will be more expensive for consumers, without doubt", he said, adding that the "high price of oil" will be "reflected in higher ticket prices".
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Old 10th Jul 2022, 20:23
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MOL was saying similar a few days back..

Michael O’Leary, the Ryanair boss and pioneer of low-cost travel in Europe, has said airfares are likely to rise for the next five years because flying has become “too cheap” to make profits as industry costs spiral.
https://www.theguardian.com/world/20...f-flight-chaos

Have to say though that given he was the champion of 1 pound fares not a million years ago I thought it was a bit rich to see him quoted as saying:

“It’s got too cheap for what it is. I find it absurd every time that I fly to Stansted, the train journey into central London is more expensive than the air fare.”
Some of us have been saying that for years....

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