Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Flights will be more expensive, says IATA's Willie Walsh

Flights will be more expensive, says IATA's Willie Walsh

The price of airline tickets will go up "without doubt" as fuel costs rise, an air industry boss has warned.

Oil prices have jumped as economies recover from the Covid pandemic and due to the war in Ukraine.

These costs will be passed on to consumers, Willie Walsh, director general of the International Air Transport Association (IATA), said.

The ex-British Airways boss also said Heathrow Airport "should have prepared better" to avoid recent disruption.

But Heathrow said Mr Walsh's comments were "ill-informed".

Holidaymakers need to be prepared for the cost of flights to go up, Mr Walsh told the BBC Sunday Morning programme.

"Flying will be more expensive for consumers, without doubt", he said, adding that the "high price of oil" will be "reflected in higher ticket prices".

Oil prices were already rising as demand picked up again in economies that had started recovering from the Covid pandemic.

The fallout from the war in Ukraine has pushed prices up further. The US has announced a complete ban on oil imports from Russia, with the UK is to phase out Russian supplies by the end of the year.

European Union leaders have said they will block most Russian oil imports by the end of 2022.

This means demand for oil from other producers has increased, leading to higher prices.

Mr Walsh said fuel prices were at record highs, and that "oil is the single biggest element of an airline's cost base".

"It's inevitable that ultimately the high oil prices will be passed through to consumers in higher ticket prices."


Travel woes


Alongside ticket price rises, UK airline passengers have had to deal with flight cancellations amid major disruption at some airports, including at Heathrow, Gatwick and Manchester.

Mr Walsh said passengers whose flights are cancelled may not have to pay more to rebook.

Willie Walsh headed up BA's parent company IAG before becoming the boss of IATA


But he said airports which "cannot cope" should adjust their schedules now, "so that they can accommodate as many people as possible".

He singled out Heathrow in particular which has had problems recently with aircraft fuelling and its baggage system.

"Heathrow definitely should have prepared better," Mr Walsh said.

"They were arguing that airlines should be operating at least 80% of their slots through the summer period.

"They clearly did not provide sufficient resources to deal with that level of activity, so you would have to be critical of Heathrow."

Mr Walsh admitted that many of the issues affecting airlines and airports were caused by staffing problems, but said he had "no regrets" about making deep cuts to British Airways' headcount during the pandemic, when he was the boss of the airline.

Heathrow Airport hit back at Mr Walsh's comments on Sunday.

"Aviation is under considerable pressure as demand ramps up - at Heathrow we've faced 40 years of growth in just four months - and what we need is collaborative working and investment in services to protect passengers, not ill-informed comments from retired airline bosses seeking to justify their own bonuses," said a Heathrow spokesperson.

"Unlike Mr Walsh, our overriding concern is not a blame game or abdication of responsibility, but what is in passengers' best interest."

The spokesperson added that Heathrow had requested that airlines "limit demand in line with capacity and this has enabled the vast majority of travellers to get away smoothly in recent months".

"The most significant risk to travel remains airspace constraints across Europe and a lack of airline ground handling staff.

"We will work closely with all our airport partners and take action where needed, to ensure we can give passengers the safe and reliable journey they deserve this summer," the spokesperson said.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
Alcohol Industry Faces Increased Scrutiny Amid Health Concerns
U.S. Goods Imports Plunge Nearly 20% Amid Tariff Disruptions
Italy Faces Population Decline Amid Youth Emigration
Trump Accuses China of Violating Trade Agreement
OpenAI Faces Competition from Cheaper AI Rivals
Foreign Tax Provision in U.S. Budget Bill Alarms Investors
Russia Accuses Serbia of Supplying Arms to Ukraine
Gerry Adams Wins Libel Case Against BBC
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
EU Majority Demands Hungary Reverse Anti-LGBTQ+ Laws
Top Hotel Picks for 2025 Stays in Budapest Revealed
Iron Maiden Unveils 2025 Tour Setlist in Budapest
Chinese Film Week Opens in Budapest to Promote Cultural Exchange
Budapest Airport Launches Direct Flights to Shymkent
Von der Leyen Denies Urging EU Officials to Skip Budapest Pride
Alcaraz and Sinner Advance with Convincing Wins at Roland Garros
EU Ministers Lack Consensus on Sanctioning Hungary Over Rule of Law
EU Nations Urge Action Against Hungary's Pride Parade Ban
Putin's Helicopter Reportedly Targeted by Ukrainian Drones
U.S. Considers Withdrawing Troops from Europe
Russia Deploys Motorbike Squads in Ukraine Conflict
Critics Accuse European Court of Human Rights of Overreach
Spain Proposes 100% Tax on Non-EU Holiday Home Purchases
German Intelligence Labels AfD as Far-Right Extremist
Geert Wilders Threatens Dutch Coalition Over Migration Policy
Hungary Faces Multiple Challenges Amid EU Tensions and Political Shifts
Denmark Increases Retirement Age to 70, Setting a European Precedent
Any trade deal with US must be based on respect not threats', says EU commissioner
UK Leads in Remote Work Adoption, Averaging 1.8 Days a Week
Thirteen Killed in Russian Attacks Across Ukraine
High-Profile Incidents and Political Developments Dominate Global News
Netanyahu Accuses Western Leaders of 'Emboldening Hamas'
Ukraine and Russia Conduct Largest Prisoner Exchange of the War
×