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Int'l airfares to stay high due to inflation: Doyle
Mint Mumbai
|July 01, 2023
International airfares will continue to remain elevated compared to pre-pandemic levels because of higher fuel prices and the broader impact of inflation on operations, British Airways chief executive Sean Doyle said.
“Fuel is higher than in 2019. Inflation is a very dominant feature. For us to kind of run a profitable and economical business, we do need to cover these costs. We are kind of like any other business having to bear a burden of inflation that will get passed through to fares," Doyle said, adding that there is a need to reassess the 2019 benchmark for airfares.
This story is from the July 01, 2023 edition of Mint Mumbai.
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