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