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The Monetary Occasions reported in early November that the European Union was pressuring airways over worth hikes Photograph: Freebeck
Airports Council Worldwide in Europe mentioned on Tuesday that air ticket costs in Europe are “rising above the speed of inflation,” refuting statements by the worldwide air transport foyer group IATA.
The Worldwide Air Transport Affiliation (IATA) – which represents about 300 airways together with Lufthansa and SAS – mentioned that whereas airfares have been rising under the speed of inflation, charges from airport operators had risen above it.
“Whereas IATA states that airfares in Europe have solely elevated by +16% as of June this 12 months in comparison with 2019, unbiased and dependable knowledge from RDC reveals that this enhance was truly +38% in the course of the peak summer time months, “The commerce affiliation that represents European airports mentioned in an announcement.
This upward pattern continued by means of October, ACI mentioned, including that costs have been up 47% when reserving three months prematurely.
The Monetary Occasions reported in early November that the European Union was pressuring airways over worth hikes.
First revealed: November 14, 2023 | 11:38 pm he
(tags for translation) Airline ticket costs