Aircraft ticket prices rise in Germany
Omicron variant slows sector recovery and increases costs
Air travel in Germany has become much more expensive during the crisis. In 2021, intra-European connections cost around 22% more than in 2019, prices for intercontinental routes increased by 3%, and travel costs within Germany's borders rose by 10%. It emerges from the monitoring by the Federal Association of the German Aviation Industry (Bdl).
"The price development in European traffic reflects the reduced competition on routes". In addition, "customers who are more sensitive to the cost of tickets tended to forego travel altogether". Airlines have cut back on supply during the crisis "so as not to hit a wall, economically and financially. That is why there will be no dramatic price increases", said Bdl managing director Matthias von Randow.
The high prices are therefore the result of rising costs for airlines. The Omicron variant is continuing to slow down the already weak recovery in the sector, forcing numerous flights to be cancelled in January and February due to the lack of demand for air transport. This is mainly due to the lack of traffic to important foreign destinations, such as Asia, which has favoured low-cost carriers.
AVIONEWS - World Aeronautical Press Agency