Swiss boss announced: Flight prices will increase in the medium term

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Swiss boss Dieter Vranckx predicts that flight prices will increase in the future: “I assume that prices will increase in the medium and long term.” This is necessary to invest in more environmentally friendly technologies. (archive image)

However, Vranckx predicted lower prices for next year in an interview with “NZZ am Sonntag”: “This year our prices are already on average slightly lower than last year. The plateau has been reached and it will probably be cheaper to fly next year. As capacity increases, so will the pressure on prices.” continues to increase.”

Vranckx said Switzerland also wants to improve its punctuality over the next year and a half. “Our punctuality at the moment does not actually correspond to what you would expect from a first-class carrier.”

Artificial intelligence (AI) is also being used to improve the entire system, according to Vranckx. “We have connected various operational systems and have large amounts of data analyzed by Google Cloud,” the Swiss boss said. AI makes suggestions and experts then decide whether to accept them. “96 percent of Google Cloud’s proposals were accepted in the last twelve months,” says Vranckx. Switzerland acted as the pilot airline for the project and the system now needs to be expanded to cover the entire Lufthansa Group.

(SDA)

Source :Blick

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Tim

Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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