Airlines anticipate 'years of pain' due to inflation concerns
UKPulse Money Desk
Airlines are preparing for a challenging period, fearing that inflation will deter customers from accepting further price increases.
- Airlines are bracing for 'years of pain'.
- Carriers are concerned customers may not tolerate more price rises.
- Energy costs are feared to stoke further inflation.
Airlines are anticipating 'years of pain' as they prepare for the impact of inflation. Carriers are concerned that customers may be unwilling to accept further price increases, particularly if energy costs contribute to rising inflation.
The industry fears that 'inflation will make people poor', potentially affecting consumer spending on air travel.