Eurowings CEO expects flight prices to rise, media report says

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Eurowings CEO Jens Bischof expects flight prices at the Lufthansa subsidiary to increase further due to rising fuel, personnel and airport costs, according to a report on Friday by Germany’s Funke media group.

“Flying for a taxi price is no longer possible,” Bischof was quoted as saying by Funke, adding that flights would be around 20% more expensive in the holiday seasons this year than in 2022.

Demand for air travel is above the level of the pandemic years, though business bookings are still 20% lower.

Source: Reuters

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