According to a study carried out by Allianz Trade, a
shareholder of Cosec — Companhia de Seguros de Créditos, flight cancellations
could become the “new normal in Europe”, with airlines having little
incentive to hire and increase wages, at a time of rising fuel prices.
The document reads that “cancelled flights could become
the new normal in Europe as airlines strive to protect margins, in a context of
rising fuel prices” by 89% this…
