https://www.reuters.com/business/aerospace-defense/european-air-fares-rising-way-above-inflation-aci-europe-says-2023-11-14/
Air fares in Europe are "rising way above inflation," Airports Council International (ACI) Europe said on Tuesday, rebutting statements from airline lobby group IATA.
They're fighting an uphill battle, since they have to pay taxes while the airlines are excempt. In addition to that, they have to pay for the rail infrastructure, while airplanes are free to poison the atmosphere while externalizing the costs for that.
Not everywhere. Here in Spain, we pay a 10€ deposit for a commuter train ticket that is valid for 4 months. Travel on route is then free.
A pre-paid bus card makes journeys that usually cost 1,70€ cost 0,45€
This is because these services are government owned, not private
This is the best summary I could come up with:
Nov 14 (Reuters) - Air fares in Europe are "rising way above inflation," Airports Council International (ACI) Europe said on Tuesday, rebutting statements from airline lobby group IATA.
The International Air Transport Association (IATA) - which represents some 300 airlines including Lufthansa (LHAG.DE) and SAS (SAS.ST) - had said that while air fares were rising below inflation, charges from airport operators have grown above it.
"While IATA states that air fares in Europe only increased by +16% as of June this year compared to 2019, independent and authoritative data from RDC shows such increase actually standing at +38% over the peak Summer months," the trade association representing European airports said in a statement.
This rising trend continued into October, ACI said, adding fares were up 47% when booked three months in advance.
The Financial Times had reported in early November that the European Union was pressuring airlines over soaring fares.
The original article contains 150 words, the summary contains 150 words. Saved 0%. I'm a bot and I'm open source!
Great, they really want us all starving and struggling to meet ends. First inflation, wages who are not rising fast enough. Spiralling rents, energy prices, even more companies turning to SaaS model, etc.