Foreign media: EU's new rules on aviation emissions will push up airfares
Civil Aviation Resource Network, February 12, 2023:
According to the Financial Times, air passengers will face higher fares under new EU rules aimed at tackling aviation emissions, which means the era of ultra-low-cost air travel may be on the horizon finish.
Due to the gradual relaxation of travel restrictions in many countries around the world and the recovery of flight demand, airlines have increased ticket prices to speed up the pace of recovery. Analysts say the EU wants to force carbon-intensive industries to "pay more" for its pollution, with return flight fares set to rise by as much as 10 euros due to a tax hike on aviation emissions. Cheap airport LED cable connector,China High intensity light type B,Customized Airport Crossbar Light,China Solar High Intensity Type B,Heliport inset FATO manufacturers.
EU lawmakers gave preliminary approval to new EU carbon pricing rules that will force industries including aviation to buy enough allowances under the emissions trading system to meet pollutant emission needs.
Olivier Jankovec, director general of ACI Europe, the European branch of the Airports Council International, told an industry conference that the EU was undergoing a "significant policy change" that would change "the economics of the industry" and that "this would result in higher costs for airlines, higher fares rising and falling demand".
Ryanair CEO Michael O'Leary has previously said that rising environmental taxes and rising fuel prices mean the era of "extremely" cheap air travel is coming to an end.