Increased airline tickets support carriers' financial results
Prices rose to triple digits for some Italian destinations. Traffic from Europe to Italy has remained strong since January
by Mara Monti
Key points
Rising ticket prices have saved airlines' accounts, but not for all countries and not for all routes. The carriers' third quarter figures show a healthy industry, with demand for travel still strong despite geopolitical uncertainties and an economic slowdown, to the point where there are not enough planes available to cover demand. Unlike last year, when airlines oversupplied, causing ticket prices to plummet, carriers were more cautious this year: fewer planes and less supply drove up flight prices, particularly in the central summer months of July and August.
The Irish low-cost company Ryanair, a benchmark for the European aviation sector, saw its prices drop by an average of 15% in 2024, while this year's increases are estimated at around 8%, according to CEO Michael O'Leary recently reported.
Legacy companies suffer from US decline
For their part, Europe's legacy carriers have another problem: they have been experiencing a drop in passenger demand in the US market for months, partly because travellers are discouraged by stricter immigration procedures and partly because companies are scaling back business between the two regions. Companies such as British Airways, Iberia, Air France-KLM and Lufthansa have warned of this, a scenario that has worsened in recent weeks with the shutdown that is causing hundreds of flights to and from the US to be cancelled.
Traffic and fares incurred in Italy
Italy remains a favoured tourist destination and no airline is abandoning its positions, indeed there are those who are strengthening themselves such as easyJet with flights to Linate, Ryanair which favours Italy over other markets when it is satisfied with the reduction in airport tariffs, Wizz Air with new destinations and Lufthansa through the integration with ITA Airways strengthens the Fiumicino hub for southern European routes.
Interest in Italy remains high: according to Assaeroporti data, almost 180 million passengers travelled through Italian airports between January and September this year, 4.7% more than in the same period of 2024. The domestic segment, with 56 million travellers, remains stable while international traffic is driving growth, with 121 million passengers, up 7.1% on last year. Of the latter, around two thirds, or 80 million travellers, fly to and from EU destinations, while one third fly to and from non-EU destinations.



