Flight prices to soar as airlines hit by massive eco tax crunch

Flight prices to soar as airlines hit by massive eco tax crunch

Airfares are expected to skyrocket due to an impending green tax crisis, forcing major airlines to face a potential £100 billion bill. The shortage of carbon credits is driving up the cost of compliance with environmental regulations, which airlines must pass on to consumers. This could lead to significant price hikes for long-haul flights, impacting travel plans and budgets for many. The situation underscores the financial challenges faced by the aviation industry in balancing profitability with environmental sustainability.

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