Airline prices down 10pc in last decade

7th April 2005, Comments 0 comments

7 April 2005, BRUSSELS – The price of airline tickets in Belgium declined 10 percent between 1994 and 2004, prompted in large part by low-cost carriers like Ryanair, a new study by the Belgian Travel Organisation shows.

7 April 2005

BRUSSELS – The price of airline tickets in Belgium declined 10 percent between 1994 and 2004, prompted in large part by low-cost carriers like Ryanair, a new study by the Belgian Travel Organisation shows.

However, the study also found that if taxes had not been increased during that same period, the price of tickets would have dropped as much as 25 percent.

Last year, taxes accounted for an average EUR 46 of the price of every airline ticket sold in Belgium, Jan Van Steen, president of the BTO, told Le Soir newspaper.

That compares to EUR 11 in 1993.

In other words, taxes accounted for 9.64 percent of the ticket price last year, up from only 2.83% in 1994.

By taxes, the organisation means not just levies imposed by public authorities.

It also refers to those charged by the airports as well as extra tariffs imposed by carriers to compensate for fuel price increases or post-September 11 security measures.

[Copyright Expatica 2005]

Subject : Belgian news

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