Ā鶹AV

News

Higher costs for airlines are squeezing small carriers, driving up prices

Published: 9 July 2024

High prices for flights and package tours are forcing some would-be travelers to reconsider their vacation plans. Air carriersā€™ fuel costs are high, and employee salaries have had to increase to keep pace with inflation. ā€œItā€™s difficult for smaller air carriers to compete in this environment, and that allows larger carriers to raise prices,ā€ says Associate Professor Karl Moore in an interview with Radio Canada International. ā€œThe costs the airlines are paying are being passed along to travelers in the price of the ticket.ā€

Back to top