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No more cheap flights is the new reality for air travel

By Lara Williams

17 Apr 2023 · 3 min read

Editor's Note

Airlines face an expensive and challenging few decades ahead as climate compliance laws get stricter. Bloomberg's Lara Williams explains why absurdly cheap short-haul flights are a thing of the past.

Jetting off to the Mediterranean this summer? I hope you got a good deal, because cheap flights are becoming increasingly hard to find.

You probably had an inkling that the era of absurdly cheap short-haul flights in Europe was coming to an end. After all, according to travel search engine Kayak, summer flights between the UK and the continent are currently one-third more expensive than last year. But two new reports make it clear that this isn’t just temporary turbulence.

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