Holidays: Ryanair CEO warns of increased travel prices
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The UK Government has a new target to reduce carbon emissions by 79 percent by 2035 compared to 1990 levels. Part of the Government’s new legislation will aim to monitor carbon emissions caused by flying.
Some of the UK’s major airlines have warned flight prices could rocket if the aviation industry is taxed.
Airlines are predicting the Government will introduce new aviation taxes to help the UK reach its ambitious carbon target.
Many airlines already offer customers the option to offset their carbon emissions with an extra charge. Jet2 has said its carbon-offset costs less than a cup of coffee.
Jet 2 CEO, Steve Heapy, said: “Economically, socially and culturally, travel is a force for good. We have already taken many steps to make Jet2.com one of the most environmentally efficient airlines in the world.
“We are continuing our work to become more sustainable in the air, on the ground and in resort.”
The company has committed to plans to reduce carbon emissions to net zero by 2050. Many of the UK’s other major airlines and airports have also committed to the 2050 net zero target.
The boss added that Government ‘green’ taxes on airlines would impact customers as flight prices increased. A 2018 Department for Transport survey found just one percent of English residents took nearly a fifth of all international flights from England.
Jet2 has called on the Government to do more to help the aviation industry reduce carbon emissions.
Heapy said: “We cannot do this on our own. The Government must do more to help our industry decarbonise.
“Starting by being transparent and investing the proceeds of the UK & EU Emissions Trading Schemes as well as any other green levies imposed on the aviation industry into decarbonisation.
“Britain has the opportunity to lead the world in sustainable aviation fuels, and diverting the taxes paid by airlines towards helping this industry take off is quite simply the right thing to do for both the economy and the environment.”
Air travel contributes to about 2.4 percent of global CO2 emissions and flying has the biggest impact on the environment of any form of travel.
Aircraft designers such as Boeing and Airbus have already reduced the amount of carbon produced by their planes but will need to do more to have a big impact on emissions.
The aviation industry has committed to investigating synthetic and sustainable fuels as well as coordinating on better travel routes to reduce flight lengths.
Sustainable fuels are more expensive according to experts so are also likely to impact the price of flights.
Another idea to reduce aviation emissions is to increase prices to cut demand and encourage people to fly less.
Ryanair boss, Michael O’ Leary has already predicted a surge in flight prices for 2022 as he said demand would exceed capacity.
He said: “There is going to be about 20 percent less short-haul capacity in Europe in 2022 with a dramatic recovery in demand. And the reason why I think prices will be dramatically higher is that there’s less capacity.”
Travel experts have already reported an increase in prices for October half-term breaks as families rush to book after restrictions were relaxed.
After missing out on international travel for many months, British tourists are keen to head abroad and catch up on time in the sun. From October 4, Brits will no longer to take a pre departure test before arrival in the UK.
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