When your child's plane ticket costs more than your own https://bloom.bg/2CY8i7E pic.twitter.com/WYiVW8gsMz
There is an explanation: EasyJet charges a flat rate of $32.40 for one-way infant fares. Still, when baby fares cost more than those for parents, it says nothing good about the outlook for Europe’s airlines https://bloom.bg/2CY8i7E pic.twitter.com/7Vi3c9SDId
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It wasn’t supposed to be like this. The collapse of Air Berlin and Monarch should have removed capacity from Europe’s crowded market and supported higher fares. That didn’t happen https://bloom.bg/2CY8i7E pic.twitter.com/xUKix2d2SX
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Carriers instead rushed to occupy vacant takeoff slots. European aviation capacity is expected to increase by 6% in 2018 and 9% in 2019, pushing fares down. At a time when fuel costs are rising, that’s very unhelpful for profit margins https://bloom.bg/2CY8i7E pic.twitter.com/minXpkWoX6
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Ryanair confirmed that fares have fallen 3% between April and September and, thanks to “excess capacity in Europe”, it expects another 2% fall over winter https://bloom.bg/2CY8i7E pic.twitter.com/taBa45fjdv
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There is good news for airlines. Even though fares are falling, passengers are spending more on things such as reserved seating and priority boarding. Plus, there could be more airline failures to come freeing up some capacity https://bloom.bg/2CY8i7E pic.twitter.com/stHD0eSPph
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The real winners of Europe’s aviation industry are the passengers, not the airline owners, even if they do have to pay a little extra for their kids https://bloom.bg/2CY8i7E pic.twitter.com/63AB8cAgKP
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