IAG CEO Luis Gallego has stated that planned environmental charges, which are more onerous for UK carriers, could lead to higher fares and damage the aviation industry.
Luis Gallego, CEO of IAG, the parent company of British Airways, has warned that planned environmental charges could "kill" Europe's aviation industry. He stated that these charges are more onerous for UK carriers.
Gallego indicated that the charges are expected to lead to higher fares for consumers and cause damage to the aviation industry.
What this means for you: If these charges lead to higher fares, you may experience increased costs for flights.
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