High fares possible as Canadian airline market consolidates

  • 📰 CP24
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 67%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

After entertaining new entrants for several years, Canada's airline market is once again on the path to consolidation, raising the likelihood of higher fares and fewer flight options.

Young boys look out at Air Canada and WestJet planes at Calgary International Airport on August 31, 2022. THE CANADIAN PRESS/Jeff McIntoshMONTREAL - After entertaining new entrants for several years, Canada's airline market is once again on the path to consolidation, raising the likelihood of higher fares and fewer flight options.

“The fewer competitive entities you have in Canada, the less pressure you have to be price-competitive,” Gradek said. While big cities remain amply served, smaller ones have fewer options, which can also result in higher prices and, when things go awry, stranded passengers. “In recessionary periods, there's a lot of airplanes suddenly on the market at a low cost,” said Barry Prentice, director of the University of Manitoba's transport institute.

Pearson's “airport improvement fee” on a no-frills, one-way Flair flight booked this week between Toronto and Fort Lauderdale, Fla., for April amounts to $35, or one-third of the $107 ticket . A security charge tacks on another $12. For a family of four, that adds nearly $200 to the journey.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 30. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

High fares possible as Canadian airline market consolidatesAfter entertaining new entrants for several years, Canada's airline market is once again on the path to consolidation, raising the likelihood of higher fares and fewer flight options.
ソース: CP24 - 🏆 30. / 67 続きを読む »