The end of cheap flying

It has long been said that a coronavirus pandemic will end a decade of cheap flying. Austrians pass from words to deeds, introducing a minimum air ticket price.

40 euros one way - that 's what the minimum price of an air ticket in Austria is supposed to be . Carriers will not be able to offer lower prices, and the idea itself is part of the rescue program for the national carrier - Austrian Airlines. To curb dumping and combining, all fees and taxes must be included in the minimum price.

Coronavirus has hit airlines around the world.

The movement of the Austrian government seems logical in a situation where most airlines in the world are struggling with huge problems due to the pandemic and de facto suspension of air connections. The Austrian authorities will allocate 600 million euros to rescue their carrier.

LOT Polish Airlines are also on the verge of bankruptcy. It is even said that the way to save them can be controlled bankruptcy.

During the most difficult month of the pandemic, from March 15 to April 15, LOT served 54 thousand. passengers, and these were transported as part of the government #LotDoDom campaign.

The illustrative gif published by FlightRadar24 at the beginning of May shows how much air traffic has decreased during the pandemic:

https://twitter.com/flightradar24/status/1257721412330160132

When the first bad forecast frightened the airlines' boards, the head of Ryanair's vision was to return to normality.

Ryanair's boss was making a bad face, predicting that passengers would benefit from last minute deals this year and save the industry this year. In an interview in April, Michael O'Leary completely saw, for example, the need to keep the principle of social distance in planes.

The enthusiasm of the head of one of the most popular low-cost airlines was not shared by experts who already in the same period estimated that carriers will lose only 314 billion dollars in 2020.

The Austrian government's decision to introduce a minimum ticket price shows, however, that the national authorities will be primarily concerned about the interests of their national carriers, and not low-cost airlines.

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The end of cheap flying

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