Trabber News

news about cheap fares and airlines from travel search engine Trabber



The golden age of low cost travel is over, claims former Ryanair boss

3 March 2011

Tim Jeans, former commercial director at Ryanair, said the golden age for ‘low, low fares‘ is coming to an end.

He blamed escalating fuel costs, increased Air Passenger Duty and so-called green programmes like the Emissions Trading Scheme, for impacting on airline profits.

Talking about whether the ‘golden era of air travel’ was over, Mr Jeans said: ‘The only thing that can happen is fares will go up and passengers go down. The vicious circle of decline in our industry will start.

source: dailymail.co.uk

Share: Facebook Twitter Delicious

Comentarios cerrados.