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23 March 2011 09:53
A former Ryanair chief has warned that the days of low-cost air fares are over
The days of low-cost travel could be over, according to a former chief at budget airline Ryanair - and that's before you even factor in the cost of
The Irish carrier's former commercial director Tim Jeans has said the golden age of low-fares air travel is coming to an end, thanks to rising costs of fuel, passenger duty. "Green" initiatives such as the Emissions Trading Scheme also came under fire for eating into profits.
Mr Jeans said: "The only thing that can happen is fares will go up and passengers go down. The vicious circle of decline in our industry will start."
Duty has seen two rises in two years, which has led to a long haul flight taxes increasing by more than half.
This means that Britain now charges the highest flight taxes in the world, with an inevitable knock-on effect for families wishing to travel.
The Europe-wide Emissions Trading Scheme means further costs, with "carbon quotas" being applied to airlines.
19 January 2017
Nearly 1,000 people have had their holidays in Gambia cut short amid growing political unrest in the African state.
18 January 2017
Researchers at Cambridge University may have made a breakthrough in the treatment of Parkinson's disease, according to preliminary findings.
17 January 2017
Stansted Airport has made a bid to become Britain's next hub for long-haul travel, as passengers are promised seamless connection facilities and baggage transfer.
13 January 2017
Long-term goals such as travelling more and visiting new places have come above healthy eating and changing jobs in a list of the top New Year's resolutions.
14 January 2017
Some of the biggest airports in the UK have been forced to cancel flights as snow and blizzard conditions sweep parts of the country.
Stress could be as significant a risk factor for heart attacks and strokes as smoking, drinking and overeating, new research shows.
24 December 2016
Planned strikes by British Airways cabin crew on Christmas Day and Boxing Day have been suspended amid continuing industrial unrest ahead of the weekend break.
11 January 2017
A connection between diabetes and inflection in children could be a major breakthrough in developing a cure for type 1 diabetes, according to new research.
10 January 2017
A new trial aimed at tackling widespread loneliness among older people is successfully reducing isolation using community-based tactics, a report shows.
07 January 2017
People may be able to enjoy better brain health in later life by following a Mediterranean diet, research has suggested.
06 January 2017
Many Britons plan to cut down on the costs of their holidays in 2017, as part of their financial resolutions for the New Year.
05 January 2017
Holidaymakers have been encouraged to make the most of the fact 2017 boasts a pair of bank holiday weekends just two weeks apart.