Wednesday, 05 June 2019
Low-cost airlines cut into industry profits and fuels the current climate debate, according to comments by Lufthansa CEO Carsten Spohr during the International Air Transport Association Summit.
The International Air Transport Association represents, leads, and serves the industry, according to its website.
Speaking at the summit in Seoul, Spohr said that the rise of low-cost airlines has led to increased blame on the industry for climate change but added that air travel only contributes to 2% of world carbon emissions, reports New Mobility.
The executive added that in order to limit political criticism of low-fare airlines, those airlines should better balance their prices to the services they offer.
Spohr also said at the summit that Brussels Airlines, which was purchased by Lufthansa, has more planes and employees than before.
The Brussels Times