Name: Air fares will 'soar by 50%' when flights resume after coronavirus travel ban
Brand: mirror.co.uk
SKU: mirror-co-uk-27
Availability: OnlineOnly

critic

Air fares will 'soar by 50%' when flights resume after coronavirus travel ban

preview

Under current social distancing proposals, airlines may be required to keep middle seats free, which would have a major impact on their profitability, in turn, leading to higher prices Airfares will rise by 50% when flights resume after the crisis, in a move that will affect passengers around the world. In the immediate aftermath of the travel ban, flights are expected to fall in price, however experts say it will rise sharply in the months that follow. Airlines are keen to get planes back in the skies quickly which could lead to over-capacity, the International Air Transport Association (Iata) said. With passenger demand likely to remain low, this should put pressure on carriers to reduce the cost of flights. But if airlines are forced to keep middle seats free, they will need to raise air fares significantly. Under current social distancing proposals, airlines may be required to keep middle seats vacant, which would have a major impact on their profitability, as they would be forced to fly with fewer passengers long-term. It's a move .Iata estimates that only four of the 122 airlines it sampled would be able to break even under these conditions, leading to consolidation in the industry. It said raising fares is "inevitable" for carriers to remain commercially viable. Most airlines are already struggling with the severe downturn in passenger numbers with the vast majority of their planes grounded. On Tuesday, . Last month, Virgin Australia went into voluntary administration, while several other airlines including Air Norwegian are seeking bailouts from their home countries. British Airways is , as the airline continues to struggle at the hands of the global pandemic. "It's tricky to understand how many airlines will be able to operate profitably. It will be a much smaller industry," said Brian Pearce, Iata's chief economist, talking about the onboard social distancing proposals. His team argues that social distancing through vacant middle seats is no guarantee against the spread of coronavirus on planes. Instead, Iata supports the wearing of face masks by passengers for safer flying. The ray of hope for passengers is that they could see cheaper fares once flights resume as carriers attempt to stimulate demand. Airlines will only be able to increase air fares once passenger numbers recover, but this will only be by 2021 at the earliest, estimates Iata.Follow MORE ON

Under current social distancing proposals, airlines may be required to keep middle seats free, which would have a major impact on their profitability, in turn, leading to higher prices Airfares will rise by 50% when flights resume after the crisis, in a move that will affect passengers around the world. In the immediate aftermath of the travel ban, flights are expected to fall in price, however experts say it will rise sharply in the months that follow. Airlines are keen to get planes back in the skies quickly which could lead to over-capacity, the International Air Transport Association...

public

Emma Munbodh

The official Mirror Twitter account  (Daily Mirror, Sunday Mirror & Mirror Online) 🗞️ - real news in real time @MirrorBreaking_  for breaking news 🚨

mirror.co.uk

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

U.S.

international

business

technology

science

culture

politics

media

health

Air fares will 'soar by 50%' when flights resume after coronavirus travel ban

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS