ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Business/CompaniesArticle

Condor CEO warns passengers of higher ticket prices

Condor chief Peter Gerber said kerosene costs will stay elevated and called for lower air‑traffic taxes, while Hessen announced a ban on additional UAE airline slots at German airports.

HV
Helena Vásquez · Business Desk · 31 Aug 2026 · 14:05 · 1 min read
Share
Condor CEO warns passengers of higher ticket prices

Condor chief Peter Gerber told an aviation conference in Frankfurt that passengers should prepare for continued ticket‑price increases. He cited ongoing tension in the Persian Gulf as a reason kerosene prices are unlikely to fall in the coming year, keeping fuel costs high for airlines.

Gerber urged the German government to reduce the country’s high location costs for air transport. He advocated abolishing the air‑traffic tax altogether, citing Sweden’s model as a template that could boost flight volumes and generate higher state revenues. He noted that the recent reduction in the tax was only a first step.

The CEO also supported a proposal from Deutsche Flugsicherung for the state to fund one‑quarter of air‑traffic‑control fees as a baseline financing measure.

Separately, Hessen state chancellor Benedikt Kuhn announced that no further landing rights would be granted to airlines from the United Arab Emirates at German airports. He argued that additional flights via Doha or Dubai would weaken domestic hub traffic.

The statements come as the European airline sector grapples with volatile fuel prices and regulatory pressures, raising concerns about fare affordability for travelers.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
HV
Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

More from Helena Vásquez →
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
ADVERTISEMENT