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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 travel insurance.
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.
23 June 2017
The fall in the value of the pound could pose a shock to British holidaymakers this summer, a currency expert has warned.
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22 June 2017
Britons have been warned that they could be banned from all-inclusive holidays unless they stop making bogus food poisoning claims.
21 June 2017
Holidaymakers could save themselves money by opting for self-catering breaks this summer, a report has shown.
20 June 2017
From trips abroad to days out closer to home, the school holidays can be a costly time for families.
17 June 2017
Debit and credit card charges are causing holidaymakers to "waste" more than £100 million each year, a new report has warned.
16 June 2017
Aggressive and potentially lethal prostate cancer could be detected more quickly thanks to a simple blood test, scientists have revealed.
15 June 2017
Many holidaymakers are over-estimating the benefits offered by European Health Insurance Cards (EHICs), a new study warns.
14 June 2017
British holidaymakers will benefit from the end of mobile roaming charges this week.
13 June 2017
UK holidaymakers could face higher costs in the months ahead following the collapse in the pound, the owner of a major travel firm has warned.
10 June 2017
Holidaymakers planning trips abroad in the coming days will be monitoring the progress of the pound closely following the surprise general election result.
09 June 2017
Family holidays to traditional hotspots like Menorca and Ibiza could end up costing more than far-flung destinations such as Orlando, Thailand and Bali, surprising new research suggests.
08 June 2017
Two of Europe's major budget airlines enjoyed strong passenger growth last month, as the summer holiday season got under way.