Growing fuel prices impact ticket price


As aviation fuel prices continue to surge, the main players in the Lithuanian airline market have announced higher ticket prices starting in October. From October 1, airBaltic plans a slight increase in fuel surcharges, while flyLAL intends to raise ticket prices by between LTL 10 and LTL 50 (EUR 3-15). Aviation experts across Europe have warned that airlines following the low-cost model must find new ways of reducing costs even further or be doomed to bankruptcy, if oil prices remain so high.

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