Airline ticket prices set to rise due to carbon mitigation

05-05-23

According to the consulting firm Bain & Company, this is due to the cost of airlines mitigating carbon emissions. On the other hand, they estimate that demand for travel between Europe and North America could increase by 20%.

A study of the airline industry by Bain & Company highlights that the effect of the pandemic on the airline industry has already diminished. However, inflation and reduced disposable income are factors that are limiting the sector's long-term growth. Meanwhile, the impact of the costs of reducing CO2 emissions has already started to change demand in the medium to long term.