The aviation industry in Europe is expected to avoid the disruption seen last summer, but Higher Ticket Prices are likely to remain. Airports have made preparations to minimize disruption and European air passenger traffic is currently 7.6% lower than pre-pandemic levels. However, popular destinations can still face unforeseen disruptions from weather and industrial action. Despite the increase in prices, demand for air travel is defying inflationary pressures, with total passengers up 16.2% year-on-year in May. The higher prices are attributed to factors such as carbon emissions costs and increased wages for staff. Low-cost carriers may benefit from customers trading down to more cost-effective services.
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