Published: 14 Aug 12 08:53 CET | Print version
Online: http://www.thelocal.de/money/20120814-44341.html
The days of really cheap air travel are numbered, Germany’s air travel industry association has warned, saying that airlines needed to increase their profits to remain solvent.
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Your comments about this article:
I live near some of those border airports, like Düsseldorf, Weeze ect. It's at least half an hour more to drive to the nearest airport over the border and my car goes through more costs in fuel than the 7 bucks I could save.
It has probably nothing to do with the fact that the flights are much cheaper there, but hey, let's blame it on some tax.
I am not sure if Mr. Klaus-Peter Siegloch masters the financial concepts. Solvency has little to do with profit, but with cash-flow. If you have a profit, as little as it can be, but a good cash-flow, then you are never in peril of insolvency. I guess that what he meant is that the airlines should be(come) profitable, not that the average profit must be increased.