Airline Insolvency Review: “This is not the time to make it more expensive to travel”.
May 9th, 2019
Responding to the publication of the Airline Insolvency Review report, Tim Alderslade, Chief Executive of Airlines UK, the industry association that represents 13 UK-registered carriers, said:
“Airlines face rising costs and this is not the time to make it more expensive to travel. 50p may not sound much but airlines operate on wafer thin margins and passengers already pay over £3 billion each year to the Treasury in Air Passenger Duty. The chances of booking with an airline that goes bust remain extremely small. When it’s happened, airlines have demonstrated their commitment to bringing passengers home through voluntary rescue fares which worked extremely well and without any taxpayer liability.”