UK forces airlines to fly more as economy reopens

New_Thumb
LONDON: Airlines must operate more flights in Britain this summer as demand recovers from the pandemic or lose lucrative take-off and landing slots, the UK government warned on Monday.

Carriers operating in Britain are currently using about 50 per cent of their slots as the sector continues to recover from the long-running Covid crisis.

This has helped to ensure that airlines have avoided carbon-intensive “ghost flights”, with none or few travellers during pandemic restrictions.

Carriers operating in Britain have traditionally been required to use 80 per cent of their slots, but the target was suspended owing to Covid.

From the end of March, carriers must use slots at least 70 per cent of the time in order to keep them, the Department for Transport (DfT) said in a statement on Monday.

But airlines will also “benefit from added flexibility over when they are justified not to use them”, the DfT said.

During the pandemic, the rule had been eased “to provide financial stability to the sector and prevent environmentally damaging ghost flights”, aviation minister Robert Courts added.

“As demand for flights returns, it’s right we gradually move back to the previous rules while making sure we continue to provide the sector with the support it needs.”

Monday’s news was welcomed by London airports.

The move “strikes the right balance between driving recovery and promoting competition”, a Heathrow spokeswoman said.

The aviation sector was slammed by the Covid-19 health emergency that erupted in early 2020, grounding planes worldwide and decimating demand for air travel.

Recovery has been hampered by frequent changes to travel restrictions and testing requirements following the emergence of the Omicron variant late last year.

Also Read1 day agoUnilever pursues GSK-Pfizer unit after huge bid rebuffed

LONDON: Consumer goods giant Unilever has revealed ongoing interest in a consumer...

--> Read More --> 4 hours ago Eurozone growth slows as Omicron measures hit spending

BRUSSELS: Economic growth in the eurozone slowed sharply in January, a key...

4 hours ago Rupee falls against dollar due to external payments

KARACHI: The Pakistani rupee declined 25 paisas against the dollar on Monday,...

5 hours ago China cuts reverse repo rate by 10 basis points to maintain liquidity

BEIJING: China’s central bank on Monday lowered the rate of its 14-day...

6 hours ago Evergrande shares rise after reports of government restructure

BEIJING: Shares in debt-laden Chinese property giant Evergrande rallied on Monday after...

6 hours ago Unisame stresses the need for self-sufficiency

KARACHI: The government should aim to create self-sufficiency in food and chemicals...

14 hours ago AED TO PKR and other currency rates in Pakistan on, 24 January 2022

KARACHI: The buying rate of 1 UAE Dirham to PKR was Rs47.930...

--> -->

Download BOL News App for latest news

Adsence 300X250 Bol News, 24 Jan, 2022
Visit to News Source Webpage

More Business & Finance News

View More News

Disclaimer: All information on this page are taken from third party reliable sources of relevant industry channels, with simple aim just for general information for our users. Hamariweb never endorse or recommend for any trading advice as well as accuracy of data provided here.