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AVIATION

Ticket prices set to soar as airlines chase profits

The days of really cheap air travel are numbered, Germany’s air travel industry association has warned, saying that airlines needed to increase their profits to remain solvent.

Ticket prices set to soar as airlines chase profits
Photo: DPA

“Flying is going to become more expensive,” said Klaus-Peter Siegloch, president of the German Air Transport Industry (BDL). The time of “very cheap tickets is nearing an end,” he told Monday’s Hamburger Abendblatt newspaper.

“The average profit must increase if we want to have solvent airlines in the future,” he said.

Lufthansa and Air Berlin, the two biggest German airlines are both having difficulty, and are struggling to reduce their costs. Lufthansa made a loss of €168 million in the first half of this year, while Air Berlin was €66 million in the red in the second quarter of the year.

Lufthansa ticket prices are already starting to take off, as evidenced in a letter to investors saying that the price situation was “continuing to develop positively” in July. A spokesman suggested that prices had been rising for years. “Flying is becoming more expensive,” he said.

Siegloch complained that German airlines and airports were being burdened with increasing costs which were particular to them and not seen elsewhere. Airline passengers have to pay a ticket tax since the start of last year – currently that adds €7.50 to each trip.

He called for this tax to be scrapped. The state “should not artificially make the situation more difficult for domestic companies,” he said.

High fuel costs were also making it difficult to keep prices low, he said.

The situation at Germany’s airports was also tricky, with just six of the 22 making a profit, he said. Those near the borders were suffering in particular as passengers were opting to travel from foreign airports to avoid the ticket tax, he suggested.

DAPD/The Local/hc

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TRANSPORT

Copenhagen Metro lines reopen after two-week closure

Lines M3 and M4 of the Copenhagen Metro are back in service having reopened on Sunday, one day ahead of schedule.

Copenhagen Metro lines reopen after two-week closure

The two lines had been closed so that the Metro can run test operations before opening five new stations on the M4 line this summer.

The tests, which began on February 10th, are now done and the lines were running again as of Sunday evening, a day ahead of the original planned reopening on Monday February 26th.

“We are very pleased to be able to welcome our passengers on to our two lines M3 and M4,” head of operations with the Metro Søren Boysen said.

“The whole test procedure exceeded all expectations and went faster than expected and we can therefore get a head start on our reopening now,” he said.

Time set aside for potential repeat tests was not needed in the event, allowing the test closures to be completed ahead of time.

“Several of our many tests went better than expected and we have therefore not used all the time we needed for extra tests,” Boysen said.

The two lines serve around one million passengers every week, according to the Metro company.

READ ALSO: Copenhagen city government greenlights extension to Metro line

The new stops on the M4 line will be located south of central Copenhagen in the Valby and Sydhavn areas. The will have the names Haveholmen, Enghave Brygge, Sluseholmen, Mozarts Plads and København Syd (Copenhagen South).

The M3 and M4 lines, the newer sections of the Metro, opened in 2019 and 2020 respectively.

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