Germanwings: Oil to drive up ticket prices
Germanwings, the Lufthansa-owned no-frills airline, has said that it expects ticket prices to rise as a consequence of surging fuel prices.
The cost of oil reached another record high yesterday - $139.89 (£71.53) per barrel - and according to Germanwings chief executive Thomas Winkelmann carriers must respond in kind.
He told German magazine Wirtschaftswoche that low-cost airlines will be forced to jack up their prices in the near future, and predicted the availability of special deals will begin to decline.
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