IAG Warns of Higher Airfares to Fund Carbon Emission Cuts

IAG warns of higher airfares to fund carbon emission reductions

British Airways logo on the modern building facade. Editorial 3D rendering — Stock Editorial Photography

International Airlines Group (IAG), owner of British Airways, said that airlines in Europe will be forced to raise fares to fund the cost of cutting carbon emissions.

Company chief Luis Gallego said in an interview with the Financial Times that switching to cleaner, more expensive sustainable fuel would “have a big impact” on the industry and might impact passenger demand.

IAG warns of higher airfares to fund carbon emission reductions

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