Eurowings CEO expects flight prices to rise

BERLIN, April 21 (Reuters) – Eurowings CEO Jens Bischof expects flight prices at the Lufthansa subsidiary to increase further due to rising fuel, personnel, and airport costs, according to a report on Friday by Germany’s Funke media group.

“Flying for a taxi price is no longer possible,” Bischof was quoted as saying by Funke, adding that flights would be around 20% more expensive in the holiday seasons this year than in 2022.

Demand for air travel is above the level of the pandemic years, though business bookings are still 20% lower.