Airline Ticket Prices at Risk of Rising 9% as Oil Market Spikes
The cost of plane tickets may jump as much as 9% as oil prices soar in the aftermath of the Middle East war, according to the leading aviation industry group. “You’re looking at probably an 8% or 9% increase” in airfares, Willie Walsh, director general of the International Air Transport Association, said while attending a […]
IATA Press Release – Amendment to Provisional Measure 1089/2021
The International Air Transport Association (IATA) wishes to raise its concerns regarding the decision of the House of Representatives to approve an amendment to MP 1089/2021, which will force airlines to include a checked-baggage allowance in all airfares sold in Brazil (domestic and international travel). This decision is a setback in the regulatory evolution of […]
Airfares Drop to Lowest Average Price Since 2010
After airlines announced a strong showing in 2015, travelers began to hope for cheaper airfares. Aside from a few limited-time promotions, the kind of rock-bottom fares that were wishing for never materialized. But that doesn"™t mean that flying hasn"™t gotten cheaper. In fact, flights are cheaper than they have been since 2010, according to the […]
