Key Points
New Delhi: International airfares will continue to remain elevated compared to pre-pandemic levels because of higher fuel prices and the broader impact of inflation on operations, British Airways chief executive Sean Doyle said.. Fuel is higher than in 2019..
We are kind of like any other business having to bear a burden of inflation that will get passed through to fares," Doyle said, adding that there is a need to reassess the 2019 benchmark for airfares..
One of these is supply-demand, second is efficiencywe are taking delivery of much more efficient aircraft, and third is transforming customer experience," Doyle said, adding that the airlines focus will be on fuel-efficient planes to control costs as supply and demand are macro variables..
Doyle noted that increased competition would lead to competitive airfares as airlines recover from the distress caused by the pandemic..
He said British Airways is confident about growing passenger traffic by leveraging one-stop services across Europe and North America despite massive aircraft orders from IndiGo and Air India as part of their ambitious international expansion plans..
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